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CONSOL Energy Earning Somewhat Positive News Coverage, Report Finds

 

 

September 9, 2018 - News coverage about CONSOL Energy (NYSE:CEIX) has trended somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CONSOL Energy earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.9356142925437 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.


CEIX has been the topic of a number of research reports. Zacks Investment Research lowered shares of CONSOL Energy from a “buy” rating to a “hold” rating in a research report on Thursday, July 26th. Seaport Global Securities reaffirmed a “buy” rating and set a $52.00 target price on shares of CONSOL Energy in a research report on Thursday, August 2nd. B. Riley boosted their target price on shares of CONSOL Energy from $44.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, July 10th. Finally, Stifel Nicolaus initiated coverage on shares of CONSOL Energy in a research report on Wednesday, June 27th. They set a “hold” rating and a $40.00 target price on the stock. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. CONSOL Energy has a consensus rating of “Hold” and a consensus price target of $45.75.


CEIX stock traded down $0.16 on Friday, reaching $43.98. 3,671 shares of the company were exchanged, compared to its average volume of 219,546. CONSOL Energy has a 12 month low of $19.51 and a 12 month high of $48.12. The firm has a market capitalization of $1.19 billion and a P/E ratio of 9.77. The company has a current ratio of 1.26, a quick ratio of 1.13 and a debt-to-equity ratio of 1.87.


CONSOL Energy (NYSE:CEIX) last announced its earnings results on Thursday, August 2nd. The company reported $1.58 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.42 by $0.16. The business had revenue of $370.70 million for the quarter, compared to analyst estimates of $413.40 million. CONSOL Energy had a net margin of 5.70% and a return on equity of 28.97%. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. equities research analysts anticipate that CONSOL Energy will post 5.1 EPS for the current fiscal year. 

 

In other CONSOL Energy news, Director John T. Mills sold 6,000 shares of the business’s stock in a transaction on Wednesday, June 13th. The shares were sold at an average price of $42.33, for a total value of $253,980.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.71% of the company’s stock.