The stock price of Peabody Energy Corp. (NYSE: BTU) has surged by 3.61 when compared to previous closing price of 22.96, but the company has seen a 4.85% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-17 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is It Worth Investing in Peabody Energy Corp. (NYSE: BTU) Right Now?
Peabody Energy Corp. (NYSE: BTU) has a higher price-to-earnings ratio of 3.15x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.01. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for Peabody Energy Corp. (BTU) is $29.00, which is $5.21 above the current market price. The public float for BTU is 130.63M, and currently, short sellers hold a 11.65% ratio of that float. The average trading volume of BTU on November 20, 2023 was 2.73M shares.
BTU’s Market Performance
The stock of Peabody Energy Corp. (BTU) has seen a 4.85% increase in the past week, with a -6.41% drop in the past month, and a 7.16% gain in the past quarter. The volatility ratio for the week is 3.22%, and the volatility levels for the past 30 days are at 3.24% for BTU. The simple moving average for the last 20 days is 0.94% for BTU stock, with a simple moving average of 1.73% for the last 200 days.
Analysts’ Opinion of BTU
Many brokerage firms have already submitted their reports for BTU stocks, with Jefferies repeating the rating for BTU by listing it as a “Buy.” The predicted price for BTU in the upcoming period, according to Jefferies is $36 based on the research report published on June 07, 2022 of the previous year 2022.
BTU Trading at -1.19% from the 50-Day Moving Average
After a stumble in the market that brought BTU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.67% of loss for the given period.
Volatility was left at 3.24%, however, over the last 30 days, the volatility rate increased by 3.22%, as shares sank -4.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.70% upper at present.
During the last 5 trading sessions, BTU rose by +4.85%, which changed the moving average for the period of 200-days by -16.29% in comparison to the 20-day moving average, which settled at $23.51. In addition, Peabody Energy Corp. saw -9.95% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BTU starting from Elliott Investment Management, who sale 489,643 shares at the price of $23.69 back on Nov 17. After this action, Elliott Investment Management now owns 20,250,000 shares of Peabody Energy Corp., valued at $11,599,643 using the latest closing price.
Elliott Investment Management, the 10% Owner of Peabody Energy Corp., sale 23,977 shares at $23.41 during a trade that took place back on Nov 16, which means that Elliott Investment Management is holding 20,739,643 shares at $561,302 based on the most recent closing price.
Stock Fundamentals for BTU
Current profitability levels for the company are sitting at:
- +31.56 for the present operating margin
- +33.19 for the gross margin
The net margin for Peabody Energy Corp. stands at +23.72. The total capital return value is set at 51.78, while invested capital returns managed to touch 40.29. Equity return is now at value 39.40, with 21.44 for asset returns.
Based on Peabody Energy Corp. (BTU), the company’s capital structure generated 11.19 points at debt to equity in total, while total debt to capital is 10.06. Total debt to assets is 6.44, with long-term debt to equity ratio resting at 10.26. Finally, the long-term debt to capital ratio is 9.23.
When we switch over and look at the enterprise to sales, we see a ratio of 0.42, with the company’s debt to enterprise value settled at 0.11. The receivables turnover for the company is 13.39 and the total asset turnover is 1.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.58.
To put it simply, Peabody Energy Corp. (BTU) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.