Shares of Consol Energy Inc (NYSE:CEIX) have received a consensus broker rating score of 1.00 (Strong Buy) from the four brokers that provide coverage for the stock, Zacks Investment Research reports. Four analysts have rated the stock with a strong buy recommendation.
Brokers have set a 1 year consensus price target of $42.75 for the company and are forecasting that the company will post $0.82 EPS for the current quarter, according to Zacks. Zacks has also assigned Consol Energy an industry rank of 175 out of 265 based on the ratings given to its competitors.
Several equities research analysts have recently weighed in on the stock. Stifel Nicolaus reduced their target price on shares of Consol Energy from $41.00 to $40.00 and set a “buy” rating on the stock in a research note on Thursday, February 8th. Seaport Global Securities assumed coverage on shares of Consol Energy in a research note on Thursday, November 30th. They issued a “buy” rating and a $32.00 target price on the stock. Finally, B. Riley reissued a “buy” rating on shares of Consol Energy in a research note on Thursday, November 30th.
Shares of Consol Energy (NYSE CEIX) traded down $0.40 on Tuesday, hitting $29.78. 127,184 shares of the stock traded hands, compared to its average volume of 416,887. Consol Energy has a 1-year low of $19.51 and a 1-year high of $41.89. The company has a current ratio of 0.95, a quick ratio of 0.82 and a debt-to-equity ratio of 2.52.
Consol Energy (NYSE:CEIX) last announced its earnings results on Tuesday, February 6th. The company reported $1.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.43. The firm had revenue of $352.32 million during the quarter, compared to analysts’ expectations of $344.75 million. equities research analysts predict that Consol Energy will post 3.37 earnings per share for the current year.
Several institutional investors and hedge funds have recently made changes to their positions in CEIX. Delek Group Ltd. bought a new position in shares of Consol Energy in the fourth quarter worth about $986,000. Sterling Capital Management LLC bought a new position in shares of Consol Energy in the fourth quarter worth about $255,000. CapWealth Advisors LLC bought a new position in shares of Consol Energy in the fourth quarter worth about $1,355,000. Gotham Asset Management LLC bought a new position in shares of Consol Energy in the fourth quarter worth about $268,000. Finally, Mountain Lake Investment Management LLC bought a new position in shares of Consol Energy in the fourth quarter worth about $11,632,000. 94.63% of the stock is currently owned by institutional investors and hedge funds.
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About Consol Energy
CONSOL Energy Inc, formerly CONSOL Mining Corporation, is engaged in the natural gas exploration and production business. The Company is a producer and exporter of high-Btu bituminous thermal and crossover metallurgical coal. It holds interest in the Pennsylvania Mining Complex (PMC) and related coal assets, terminal operations at the Port of Baltimore.
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