Shares of Consol Energy (NYSE:CEIX) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. Three research analysts have rated the stock with a strong buy rating.
Brokers have set a 12-month consensus target price of $42.33 for the company and are forecasting that the company will post $0.96 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Consol Energy an industry rank of 65 out of 265 based on the ratings given to related companies.
CEIX has been the topic of a number of research analyst reports. Stifel Nicolaus cut their target price on shares of Consol Energy from $41.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, February 8th. ValuEngine lowered shares of Consol Energy from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, Zacks Investment Research upgraded shares of Consol Energy from a “hold” rating to a “strong-buy” rating and set a $34.00 target price on the stock in a research report on Tuesday, April 10th.
Consol Energy traded down $0.14, reaching $42.37, during mid-day trading on Friday, Marketbeat.com reports. The company had a trading volume of 557,000 shares, compared to its average volume of 439,321. Consol Energy has a fifty-two week low of $19.51 and a fifty-two week high of $45.68. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.13 and a quick ratio of 0.97. The firm has a market capitalization of $1.22 billion and a P/E ratio of 9.42.
Consol Energy (NYSE:CEIX) last issued its earnings results on Thursday, May 3rd. The company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.83 by $1.37. The company had revenue of $351.01 million during the quarter, compared to analyst estimates of $357.70 million. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. analysts expect that Consol Energy will post 4.68 earnings per share for the current year.
Institutional investors have recently modified their holdings of the business. Allianz Asset Management GmbH acquired a new position in shares of Consol Energy during the first quarter worth $2,170,000. WINTON GROUP Ltd lifted its holdings in shares of Consol Energy by 5.8% during the first quarter. WINTON GROUP Ltd now owns 298,629 shares of the company’s stock worth $8,651,000 after purchasing an additional 16,475 shares during the period. Millennium Management LLC lifted its holdings in shares of Consol Energy by 156.0% during the first quarter. Millennium Management LLC now owns 216,851 shares of the company’s stock worth $6,282,000 after purchasing an additional 132,138 shares during the period. Mountain Lake Investment Management LLC lifted its holdings in shares of Consol Energy by 12.1% during the first quarter. Mountain Lake Investment Management LLC now owns 330,000 shares of the company’s stock worth $9,560,000 after purchasing an additional 35,600 shares during the period. Finally, Cubist Systematic Strategies LLC lifted its holdings in shares of Consol Energy by 258.7% during the first quarter. Cubist Systematic Strategies LLC now owns 8,322 shares of the company’s stock worth $241,000 after purchasing an additional 6,002 shares during the period. Hedge funds and other institutional investors own 92.94% of the company’s stock.
Consol Energy Company Profile
CONSOL Energy Inc produces and exports bituminous thermal and crossover metallurgical coal. The company owns and operates its mining operations in the Northern Appalachian Basin. Its flagship operation is the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey.
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