Stocks of Peabody Energy Corporation (BTU) are poised to climb above their peers

Peabody Energy Corporation (NYSE: BTU) stock fell -2.13% on Thursday to $19.33 against a previous-day closing price of $19.75. With 4.02 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.42 million shares. During the session, the Thermal Coal company that operates in wider Energy sector, reached to the highest price of $19.37 whereas the lowest price it dropped to was $18.88. The 52-week range on BTU shows that it touched its highest point at $32.89 and its lowest point at $17.42 during that stretch. It currently has a 1-year price target of $30.60. With its current market cap of 2.85 billion, BTU has annualized dividend of $0.30 while the current yield stands at 1.55%. Beta for the stock currently stands at 1.03.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BTU was down-trending over the past week, with a drop of -6.98%, but this was down by -17.43% over a month. Three-month performance dropped to -26.53% while six-month performance fell -34.74%. The stock lost -20.97% in the past year, while it has lost -26.84% so far this year. A look at the trailing 12-month EPS for BTU yields 9.61 with Next year EPS estimates of 3.67. For the next quarter, that number is 1.91. This implies an EPS growth rate of 174.60% for this year and -41.62% for next year.

Float and Shares Shorts:

At present, 144.60 million BTU shares are outstanding with a float of 142.42 million shares on hand for trading. On May 14, 2023, short shares totaled 18.0 million, which was 12.44% higher than short shares on Apr 13, 2023. In addition to Mr. James C. Grech as the firm’s Pres, CEO & Director, Mr. Mark A. Spurbeck serves as its Exec. VP & CFO.

Institutional Ownership:

Through their ownership of 72.90% of BTU’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 50.76% of BTU, in contrast to 34.72% held by mutual funds. Shares owned by individuals account for 30.28%. As the largest shareholder in BTU with 14.64% of the stake, Elliott Investment Management LP holds 21,109,807 shares worth 21,109,807. A second-largest stockholder of BTU, The Vanguard Group, Inc., holds 12,141,395 shares, controlling over 8.42% of the firm’s shares. Dimensional Fund Advisors LP is the third largest shareholder in BTU, holding 7,191,556 shares or 4.99% stake. With a 2.64% stake in BTU, the Vanguard Total Stock Market ETF is the largest stakeholder. A total of 3,809,958 shares are owned by the mutual fund manager. The SPDR S&P Metals & Mining ETF, which owns about 2.46% of BTU stock, is the second-largest Mutual Fund holder. It holds 3,548,495 shares valued at 85.23 million. Vanguard Small Cap Index Fund holds 2.22% of the stake in BTU, owning 3,200,054 shares worth 76.87 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, BTU reported revenue of $1.32B and operating income of $388.00M. The EBITDA in the recently reported quarter was $523.70M and diluted EPS was $2.55.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BTU since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With BTU analysts setting a high price target of $34.00 and a low target of $29.00, the average target price over the next 12 months is $30.60. Based on these targets, BTU could surge 75.89% to reach the target high and rise by 50.03% to reach the target low. Reaching the average price target will result in a growth of 58.3% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Summary of Insider Activity:

Insiders traded BTU stock several times over the past three months with 0 Buys and 1 Sells. In these transactions, 0 shares were bought while 257,296 shares were sold. The number of buy transactions has increased to 7 while that of sell transactions has risen to 31 over the past year. The total number of shares bought during that period was 213,322 while 5,018,988 shares were sold.

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