Peabody Energy (BTU) to Release Earnings on Thursday

Peabody Energy (NYSE:BTU - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $1.09 billion for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Peabody Energy Trading Up 4.0 %

Shares of BTU traded up $0.71 during mid-day trading on Tuesday, reaching $18.21. The company's stock had a trading volume of 2,438,610 shares, compared to its average volume of 3,024,155. The company has a current ratio of 2.32, a quick ratio of 1.75 and a debt-to-equity ratio of 0.09. Peabody Energy has a 52 week low of $17.10 and a 52 week high of $29.94. The company's fifty day moving average price is $20.56 and its two-hundred day moving average price is $22.96. The stock has a market cap of $2.21 billion, a PE ratio of 4.82 and a beta of 0.95.

Analyst Upgrades and Downgrades

Several research firms have issued reports on BTU. Jefferies Financial Group cut their price target on shares of Peabody Energy from $30.00 to $26.00 and set a "buy" rating for the company in a research report on Monday, January 6th. Benchmark increased their target price on 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 Peabody Energy from a "market perform" rating to an "outperform" rating and set a $26.00 price target on the stock in a research report on Monday, December 16th.

Insider Buying and Selling at Peabody Energy

In other news, CFO Mark Spurbeck sold 10,000 shares of the business's stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $29.52, for a total transaction of $295,200.00. Following the transaction, the chief financial officer now directly 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.40% of the company's stock.

About Peabody Energy

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.