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Friday, September 29, 2023

Peabody Energy Corporation (NYSE: BTU): Is It A Buying Opportunity Again?

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 Peabody Energy Corporation (BTU) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.09, or -0.37%, to $23.91. The Peabody Energy Corporation has recorded 24,645 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Peabody Reports Results For Quarter Ended June 30, 2023.

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Stocks Info

BTU 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 $24.00 and fluctuated between $24.46 as its day high and $23.91 as its day low. The current market capitalization of Peabody Energy Corporation is $3.21B. A total of 2.28 million shares were traded on the day, compared to an average of 2.99M 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, BTU has seen 17 BUY and 0 SELL insider trades, representing the acquisition of 5,785 and the disposition of 0 shares. Over the last 12 months, there were 44 BUYs and 22 SELLs from insiders. Insiders purchased 255,953 shares during that period but sold 3,030,203.

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.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Peabody Energy Corporation pays an annual dividend of $0.30, resulting in a dividend yield of 1.25%, and it has a price to earnings (P/E) ratio of 2.93. BTU’s most recent ex-dividend date was 8/9/2023 when it declared a $0.0750 quarterly dividend that was paid in cash on 8/30/2023. Previously, the company paid the dividend on 5/31/2023 with an ex-dividend date of 5/10/2023. The BTU stock dividend was $0.0750 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 BTU in the last 3 months, the mean price target is $26.00 with high estimates of $28.00 and low estimates of $24.00. In terms of 52-week highs and lows, BTU has a high of $32.89 and a low of $17.71.

As of this writing, BTU has an earnings estimate of $0.83 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $1.02 per share and a lower estimate of $0.7. The company reported an EPS of $1.68 in the last quarter, which was 20.90% higher than expectations of $1.39.

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. BTU’s latest balance sheet shows that the firm has $954.30M in Cash & Short Term Investments as of fiscal 2021. There were $1.17B in debt and $914.50M in liabilities at the time. Its Book Value Per Share was $24.21, while its Total Shareholder’s Equity was $1.82B.

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 BTU is Buy with a score of 4.50.

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