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Monday, June 5, 2023

An Evaluation Of CONSOL Energy Inc. (NYSE: CEIX) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for CONSOL Energy Inc. (CEIX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.38, or 0.66%, to $58.26. The CONSOL Energy Inc. has recorded 37,460 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed CONSOL Energy Announces Results for the First Quarter 2023.

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Stocks Info

CEIX belongs to the Energy sector of the NYSE while operating in the Thermal Coal industry. At the end of the last regular session, the stock closed at $57.88 and fluctuated between $58.45 as its day high and $56.32 as its day low. The current market capitalization of CONSOL Energy Inc. is $1.97B. A total of 0.61 million shares were traded on the day, compared to an average of 773.05K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, CEIX has seen 2 BUY and 0 SELL insider trades, representing the acquisition of 558 and the disposition of 0 shares. Over the last 12 months, there were 8 BUYs and 17 SELLs from insiders. Insiders purchased 202,401 shares during that period but sold 175,207.

In the most recent transaction, Rothka John sold 2,000 shares of CEIX for 64.34 per share on Mar 03. After the transaction, the Chief Accounting Officer now owns 14,245 company shares. In a previous transaction on Dec 01, Brock James A sold 500 shares at 78.20 per share. CEIX shares that Chief Executive Officer owns now total 473,020.

Among the insiders who sold shares, Brock James A disposed of 3,314 shares on Nov 30 at a per-share price of $78.08. This resulted in the Chief Executive Officer holding 473,520 shares of CEIX after the transaction. In another insider transaction, Brock James A sold 12,500 shares at $75.33 per share on Nov 29. Company shares held by the Chief Executive Officer now total 476,834.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. CONSOL Energy Inc. pays an annual dividend of $4.40, resulting in a dividend yield of 7.60%, and it has a price to earnings (P/E) ratio of 2.93. CEIX’s most recent ex-dividend date was 5/12/2023 when it declared a $1.10 quarterly dividend that was paid in cash on 5/23/2023. Previously, the company paid the dividend on 2/28/2023 with an ex-dividend date of 2/16/2023. The CEIX stock dividend was $1.10 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for CEIX in the last 3 months, the mean price target is $79.67 with high estimates of $84.00 and low estimates of $75.00. In terms of 52-week highs and lows, CEIX has a high of $79.17 and a low of $39.62.

As of this writing, CEIX has an earnings estimate of $4.7 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of $4.89 per share and a lower estimate of $4.51. The company reported an EPS of $5.39 in the last quarter, which was 58.10% higher than expectations of $3.41.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CEIX’s latest balance sheet shows that the firm has $149.91M in Cash & Short Term Investments as of fiscal 2021. There were $594.65M in debt and $445.23M in liabilities at the time. Its Book Value Per Share was $37.09, while its Total Shareholder’s Equity was $672.81M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 CEIX is Buy with a score of 5.00.

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