What is B. Riley's Estimate for Peabody Energy Q4 Earnings?

Peabody Energy Co. (NYSE:BTU - Free Report) - Investment analysts at B. Riley cut their Q4 2024 earnings per share (EPS) estimates for Peabody Energy in a research note issued on Thursday, January 30th. B. Riley analyst N. Giles now expects that the coal producer will post earnings of $0.51 per share for the quarter, down from their previous forecast of $0.63. The consensus estimate for Peabody Energy's current full-year earnings is $2.89 per share. B. Riley also issued estimates for Peabody Energy's FY2025 earnings at $2.86 EPS.

A number of other research firms also recently issued reports on BTU. Jefferies Financial Group dropped their price target on Peabody Energy from $30.00 to $26.00 and set a "buy" rating on the stock in a research note on Monday, January 6th. Benchmark lifted their target price on shares of Peabody Energy from $28.00 to $30.00 and gave the company a "buy" rating in a report on Friday, November 1st. Finally, BMO Capital Markets upgraded shares of Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 price target for the company in a research note on Monday, December 16th.

Peabody Energy Stock Performance

Shares of BTU stock traded up $0.76 during mid-day trading on Friday, hitting $18.26. 1,488,151 shares of the stock were exchanged, compared to its average volume of 2,973,164. The stock's fifty day simple moving average is $20.73 and its two-hundred day simple moving average is $23.00. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.75 and a current ratio of 2.32. Peabody Energy has a 12-month low of $17.10 and a 12-month high of $29.94. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 4.83 and a beta of 0.95.

Insider Buying and Selling

In other Peabody Energy news, CFO Mark Spurbeck sold 10,000 shares of Peabody Energy stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $29.52, for a total value of $295,200.00. Following the sale, the chief financial officer now owns 65,710 shares of the company's stock, valued at approximately $1,939,759.20. The trade was a 13.21 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.40% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Financial Management Professionals Inc. acquired a new position in shares of Peabody Energy during the 3rd quarter worth $36,000. Byrne Asset Management LLC grew its stake in shares of Peabody Energy by 63.3% during the 4th quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer's stock worth $37,000 after purchasing an additional 680 shares during the period. Harbor Capital Advisors Inc. acquired a new position in shares of Peabody Energy during the 3rd quarter worth $43,000. GAMMA Investing LLC grew its stake in shares of Peabody Energy by 292.6% during the 3rd quarter. GAMMA Investing LLC now owns 2,057 shares of the coal producer's stock worth $55,000 after purchasing an additional 1,533 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of Peabody Energy by 139.9% during the 3rd quarter. Blue Trust Inc. now owns 2,756 shares of the coal producer's stock worth $73,000 after purchasing an additional 1,607 shares during the period. Institutional investors and hedge funds own 87.44% of the company's stock.

Peabody Energy Company Profile

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.