Shares of Consol Energy Inc (NYSE:CEIX) have been given an average broker rating score of 1.00 (Strong Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a twelve-month consensus price objective 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 76 out of 255 based on the ratings given to related companies.
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A number of equities research analysts have recently issued reports on CEIX shares. ValuEngine lowered Consol Energy from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Zacks Investment Research downgraded Consol Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 25th.
NYSE:CEIX traded up $0.75 on Tuesday, hitting $41.83. 3,013,397 shares of the stock were exchanged, compared to its average volume of 436,182. The firm has a market capitalization of $1.15 billion and a PE ratio of 9.30. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.13 and a quick ratio of 0.97. Consol Energy has a fifty-two week low of $19.51 and a fifty-two week high of $48.12.
Consol Energy (NYSE:CEIX) last posted its earnings results on Thursday, May 3rd. The company reported $2.20 earnings per share (EPS) 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 company’s quarterly revenue was up 10.9% compared to the same quarter last year. research analysts anticipate that Consol Energy will post 4.68 earnings per share for the current year.
In related news, Director John T. Mills sold 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 13th. The stock was sold at an average price of $42.33, for a total value of $253,980.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.71% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Westwood Holdings Group Inc. acquired a new stake in shares of Consol Energy in the fourth quarter worth $100,000. Meadow Creek Investment Management LLC bought a new stake in shares of Consol Energy during the 4th quarter valued at $128,000. QS Investors LLC bought a new stake in shares of Consol Energy during the 4th quarter valued at $135,000. Sasco Capital Inc. CT bought a new stake in shares of Consol Energy during the 4th quarter valued at $142,000. Finally, American International Group Inc. bought a new stake in shares of Consol Energy during the 4th quarter valued at $148,000. Hedge funds and other institutional investors own 92.77% of the company’s stock.
About Consol Energy
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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