Peabody Energy Corporation (BTU) Stock Is At Yearly Low Now

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The stock of Peabody Energy Corporation (NYSE:BTU) hit a new 52-week low and has $24.49 target or 8.00 % below today’s $26.62 share price. The 7 months bearish chart indicates high risk for the $2.85 billion company. The 1-year low was reported on May, 17 by Barchart.com. If the $24.49 price target is reached, the company will be worth $227.84M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 5.33% or $1.5 during the last trading session, reaching $26.62. About 574,345 shares traded. Peabody Energy Corporation (NYSE:BTU) has declined 23.64% since May 17, 2018 and is downtrending. It has underperformed by 28.01% the S&P500.

Analysts await Peabody Energy Corporation (NYSE:BTU) to report earnings on July, 23. They expect $0.41 earnings per share, down 55.91 % or $0.52 from last year’s $0.93 per share. BTU’s profit will be $43.86 million for 16.23 P/E if the $0.41 EPS becomes a reality. After $1.15 actual earnings per share reported by Peabody Energy Corporation for the previous quarter, Wall Street now forecasts -64.35 % negative EPS growth.

Peabody Energy Corporation (NYSE:BTU) Ratings Coverage

Among 4 analysts covering Peabody Energy (NYSE:BTU), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Peabody Energy had 4 analyst reports since March 20, 2019 according to SRatingsIntel. M Partners maintained it with “Buy” rating and $40 target in Wednesday, April 10 report.

More notable recent Peabody Energy Corporation (NYSE:BTU) news were published by: Nasdaq.com which released: “Energy Sector Update for 05/13/2019: EQNR,RDS.A,RDS.B,SHLX,HON – Nasdaq” on May 13, 2019, also Nasdaq.com with their article: “Energy Sector Update for 05/14/2019: GLOG,ECA,ECA.TO,SLB,ENB,ENB.TO – Nasdaq” published on May 14, 2019, Seekingalpha.com published: “Peabody Energy declares $1.85 dividend – Seeking Alpha” on February 27, 2019. More interesting news about Peabody Energy Corporation (NYSE:BTU) were released by: Finance.Yahoo.com and their article: “Did Hedge Funds Drop The Ball On Wyndham Destinations, Inc. (WYND) ? – Yahoo Finance” published on April 25, 2019 as well as Bizjournals.com‘s news article titled: “Peabody Energy has discussed even larger deal with Drummond, WSJ reports – Birmingham Business Journal” with publication date: October 03, 2018.

Peabody Energy Corporation Peabody engages in coal mining business. The company has market cap of $2.85 billion. The firm operates through six operating divisions: Powder River Basin Mining, Midwestern U.S. It has a 5.61 P/E ratio. Mining, Western U.S.

Peabody Energy Corporation (NYSE:BTU) Ratings Chart

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