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Wednesday, March 22, 2023

An Evaluation Of Peabody Energy Corporation (NYSE: BTU) Prospects

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Peabody Energy Corporation (BTU) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.08, or 0.31%, to $26.10. The Peabody Energy Corporation has recorded 12,418 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted PEABODY REPORTS RESULTS FOR FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2022.


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Stocks Info

As a NYSE listed company, BTU falls under the Energy sector while operating within the Thermal Coal industry segment. At the end of the last regular session, the stock closed at $26.02 and fluctuated between $26.62 as its day high and $25.75 as its day low. The current market capitalization of Peabody Energy Corporation is $3.69B. A total of 2.38 million shares were traded on the day, compared to an average of 4.39M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, BTU has seen 5 BUY and 21 SELL insider trades, representing the acquisition of 96,114 and the disposition of 3,509,206 shares. Over the last 12 months, there were 13 BUYs and 28 SELLs from insiders. Insiders purchased 105,026 shares during that period but sold 4,695,460.

In the most recent transaction, Elliott Investment Management sold 257,296 shares of BTU for 28.40 per share on Mar 03. After the transaction, the 10% Owner now owns 21,109,807 company shares. In a previous transaction on Feb 24, Spurbeck Mark sold 21,070 shares at 25.88 per share. BTU shares that EVP and CFO owns now total 67,108.

Among the insiders who sold shares, Jarboe Scott T. disposed of 11,573 shares on Feb 24 at a per-share price of $25.88. This resulted in the CAO and Corporate Secretary holding 62,930 shares of BTU after the transaction. In another insider transaction, Elliott Investment Management sold 211,912 shares at $28.63 per share on Feb 17. Company shares held by the 10% Owner now total 21,367,103.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. BTU’s most recent ex-dividend date was 10/29/2019 when it declared a $0.1450 quarterly dividend that was paid in cash on 11/29/2019. Previously, the company paid the dividend on 9/11/2019 with an ex-dividend date of 8/20/2019. The BTU stock dividend was $0.1450 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for BTU in the last 3 months, the mean price target is $34.00 with high estimates of $39.00 and low estimates of $31.00. In terms of 52-week highs and lows, BTU has a high of $33.29 and a low of $17.42.

As of this writing, BTU has an earnings estimate of $2.16 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $2.84 per share and a lower estimate of $1.82. The company reported an EPS of $2.54 in the last quarter, which was -19.90% lower than expectations of $3.17.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BTU is Overweight with a score of 4.20. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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