Peabody Energy Corporation (NYSE:BTU) Relative Strength Index (RSI) is 59.83, with weekly volatility at 13.97% and ATR at 0.18. The BTU stock’s 52-week price range has touched low of $0.80 and a $10.68 high. Intraday shares traded counted 8.44 million, which was -171.5% lower than its 30-day average trading volume of 3.11M. Its shares traded higher over the last trading session, gaining 33.60% on 12/08/20. The shares fell to a low of $1.23 before closing at $1.67. BTU’s previous close was $1.25 while the outstanding shares total 97.90M. The firm has a beta of 1.49.
Investors have identified the Thermal Coal company Peabody Energy Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $162.12 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Peabody Energy Corporation (BTU) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For BTU, the company has in raw cash 814.6 million on their books with 1.6 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 1.54 billion total, with 2.37 billion as their total liabilities.
BTU were able to record -178.9 million as free cash flow during the Q3 2020 quarter of the year, this saw their quarterly net cash flow reduce by 82.4 million. In cash movements, the company had a total of -32.1 million as operating cash flow.
Potential earnings growth for Peabody Energy Corporation (BTU)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the Q3 2020 quarter of the year, Peabody Energy Corporation recorded a total of 671.0 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -64.89% coming in sequential stages and their sales for the Q3 2020 quarter increasing by 6.6%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 550.9 million trying to sell their products during the last quarter, with the result yielding a gross income of 120.1 million. This allows shareholders to hold on to 97.90M with the recently reported earning now reading -0.69 cents per share. This is a figure that compared to analyst’s prediction for their Q3 2020 (-0.66 cents a share).
Having a look at the company’s valuation, the company is expected to record -2.68 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on BTU sounds very interesting.
Is the stock of BTU attractive?
In related news, EVP & COO, Meintjes Charles F sold 525 shares of the company’s stock in a transaction that recorded on May 15. The sale was performed at an average price of 3.01, for a total value of 1,580. As the sale deal closes, the President – US Operations, Williamson Kemal now sold 12,783 shares of the company’s stock, valued at 37,454. Also, President-Australia Operations, Hathhorn Marc E. sold 14,379 shares of the company’s stock in a deal that was recorded on Apr 08. The shares were price at an average price of 2.93 per share, with a total market value of 42,130. Following this completion of acquisition, the EVP & COO, Meintjes Charles F now holds 12,783 shares of the company’s stock, valued at 37,454. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
0 out of 5 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on Peabody Energy Corporation. 0 analysts has assigned a Sell rating on the BTU stock. The 12-month mean consensus price target for the company’s shares has been set at $2.09.