Cloud Peak Energy Inc (CLD) Stock Rating Upgraded by TheStreet

Cloud Peak Energy Inc (NYSE:CLD) was upgraded by investment analysts at TheStreet from a “d+” rating to a “c-” rating in a research report issued on Friday.

CLD has been the topic of a number of other research reports. Stifel Nicolaus restated a “buy” rating and issued a $6.00 target price on shares of Cloud Peak Energy in a research report on Friday, October 13th. BMO Capital Markets set a $4.00 target price on shares of Cloud Peak Energy and gave the company a “hold” rating in a research report on Saturday, August 5th. BidaskClub lowered shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Zacks Investment Research upgraded shares of Cloud Peak Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, ValuEngine lowered shares of Cloud Peak Energy from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. Cloud Peak Energy presently has a consensus rating of “Hold” and an average price target of $5.38.

Shares of Cloud Peak Energy (NYSE:CLD) traded down 2.06% on Friday, hitting $4.27. The stock had a trading volume of 345,034 shares. Cloud Peak Energy has a 12-month low of $2.78 and a 12-month high of $8.03. The firm’s market capitalization is $320.81 million. The company has a 50 day moving average of $3.80 and a 200-day moving average of $3.51.

Cloud Peak Energy (NYSE:CLD) last posted its quarterly earnings results on Thursday, October 26th. The mining company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.01. The firm had revenue of $249.00 million for the quarter, compared to analyst estimates of $254.82 million. The business’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.06 EPS. Equities analysts predict that Cloud Peak Energy will post ($0.44) EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece was originally reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The legal version of this piece can be accessed at https://www.com-unik.info/2017/10/31/cloud-peak-energy-inc-cld-stock-rating-upgraded-by-thestreet.html.

Several large investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company lifted its holdings in shares of Cloud Peak Energy by 63.6% during the second quarter. The Manufacturers Life Insurance Company now owns 161,670 shares of the mining company’s stock worth $571,000 after purchasing an additional 62,859 shares during the period. State Street Corp lifted its holdings in shares of Cloud Peak Energy by 231.3% during the second quarter. State Street Corp now owns 1,329,134 shares of the mining company’s stock worth $4,691,000 after purchasing an additional 927,987 shares during the period. Voya Investment Management LLC lifted its holdings in shares of Cloud Peak Energy by 55.2% during the second quarter. Voya Investment Management LLC now owns 87,872 shares of the mining company’s stock worth $310,000 after purchasing an additional 31,246 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Cloud Peak Energy by 17.1% during the second quarter. Dimensional Fund Advisors LP now owns 5,150,906 shares of the mining company’s stock worth $18,183,000 after purchasing an additional 751,657 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of Cloud Peak Energy by 21.0% during the second quarter. Renaissance Technologies LLC now owns 4,592,000 shares of the mining company’s stock worth $16,210,000 after purchasing an additional 796,400 shares during the period. Institutional investors own 80.43% of the company’s stock.

Cloud Peak Energy Company Profile

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

Analyst Recommendations for Cloud Peak Energy (NYSE:CLD)

What are top analysts saying about Cloud Peak Energy Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Cloud Peak Energy Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit