What is B. Riley’s Estimate for Peabody Energy Q4 Earnings?

Peabody Energy Co. (NYSE:BTU) – Analysts at B. Riley cut their Q4 2024 earnings per share estimates for Peabody Energy in a research note issued on Thursday, January 30th. B. Riley analyst N. Giles now expects that the coal producer will post earnings per share of $0.51 for the quarter, down from their prior estimate of $0.63. The consensus estimate for Peabody Energy’s current full-year earnings is $2.89 per share. B. Riley also issued estimates for Peabody Energy’s FY2025 earnings at $2.86 EPS.

Several other research firms have also issued reports on BTU. BMO Capital Markets raised shares of Peabody Energy from a “market perform” rating to an “outperform” rating and set a $26.00 price objective for the company in a research note on Monday, December 16th. Jefferies Financial Group lowered their price objective on Peabody Energy from $30.00 to $26.00 and set a “buy” rating on the stock in a report on Monday, January 6th. Finally, Benchmark boosted their target price on Peabody Energy from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, November 1st.

Peabody Energy Stock Performance

BTU stock opened at $18.16 on Friday. The firm has a 50 day moving average of $20.92 and a two-hundred day moving average of $23.05. Peabody Energy has a 12 month low of $17.73 and a 12 month high of $29.94. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 4.80 and a beta of 0.99. The company has a quick ratio of 1.75, a current ratio of 2.32 and a debt-to-equity ratio of 0.09.

Peabody Energy (NYSE:BTU) last released its quarterly earnings data on Thursday, October 31st. The coal producer reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.16. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.07 billion. Peabody Energy had a return on equity of 14.74% and a net margin of 12.24%. The firm’s revenue was up .8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.80 earnings per share.

Insider Buying and Selling at Peabody Energy

In related news, CFO Mark Spurbeck sold 10,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The stock was sold at an average price of $29.52, for a total transaction of $295,200.00. Following the transaction, the chief financial officer now directly owns 65,710 shares in the company, valued at $1,939,759.20. The trade was a 13.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.09% of the company’s stock.

Institutional Trading of Peabody Energy

Several institutional investors have recently modified their holdings of BTU. Financial Management Professionals Inc. acquired a new position in Peabody Energy in the third quarter worth about $36,000. Harbor Capital Advisors Inc. bought a new stake in shares of Peabody Energy in the 3rd quarter valued at approximately $43,000. Byrne Asset Management LLC raised its holdings in shares of Peabody Energy by 63.3% in the 4th quarter. Byrne Asset Management LLC now owns 1,755 shares of the coal producer’s stock worth $37,000 after buying an additional 680 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Peabody Energy by 292.6% during the 3rd quarter. GAMMA Investing LLC now owns 2,057 shares of the coal producer’s stock worth $55,000 after buying an additional 1,533 shares during the period. Finally, Blue Trust Inc. boosted its stake in Peabody Energy by 139.9% in the 3rd quarter. Blue Trust Inc. now owns 2,756 shares of the coal producer’s stock valued at $73,000 after buying an additional 1,607 shares in the last quarter. Institutional investors and hedge funds own 87.44% of the company’s stock.

About Peabody Energy

Peabody Energy Corporation engages in coal mining business in the United States, Japan, Taiwan, Australia, India, Brazil, Belgium, Chile, France, Indonesia, China, Vietnam, South Korea, Germany, and internationally. The company operates through Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S.