Peabody Energy Co. (NYSE:BTU) saw some unusual options trading activity on Monday. Traders purchased 2,179 put options on the company. This represents an increase of approximately 626% compared to the typical volume of 300 put options.
Peabody Energy (NYSE:BTU) opened at $38.71 on Thursday. The company has a quick ratio of 1.47, a current ratio of 1.75 and a debt-to-equity ratio of 0.60. Peabody Energy has a 1 year low of $22.58 and a 1 year high of $39.15.
Peabody Energy (NYSE:BTU) last posted its quarterly earnings data on Wednesday, October 25th. The coal producer reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.14. Peabody Energy had a net margin of 4.60% and a return on equity of 19.92%. The firm had revenue of $1.48 billion during the quarter, compared to analysts’ expectations of $1.50 billion. During the same quarter in the previous year, the company posted ($7.53) EPS. Peabody Energy’s revenue was up 22.4% on a year-over-year basis. sell-side analysts expect that Peabody Energy will post 9.62 EPS for the current fiscal year.
A number of hedge funds have recently bought and sold shares of BTU. Discovery Capital Management LLC CT acquired a new stake in Peabody Energy during the 2nd quarter worth $535,982,000. Elliott Management Corp acquired a new stake in Peabody Energy during the 2nd quarter worth $518,196,000. PointState Capital LP acquired a new stake in Peabody Energy during the 2nd quarter worth $148,105,000. Vanguard Group Inc. acquired a new stake in Peabody Energy during the 2nd quarter worth $142,007,000. Finally, BlackRock Inc. acquired a new stake in Peabody Energy during the 2nd quarter worth $91,395,000. Hedge funds and other institutional investors own 95.17% of the company’s stock.
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About Peabody Energy
Peabody Energy Corporation is a coal company. The Company’s segments include Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining, Australian Metallurgical Mining, Australian Thermal Mining, Trading and Brokerage, and Corporate and Other. Its Powder River Basin Mining operations consist of its mines in Wyoming.
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