The stock of Cloud Peak Energy Inc. (NYSE:CLD) is a huge mover today! About 1.10 million shares traded hands. Cloud Peak Energy Inc. (NYSE:CLD) has risen 180.63% since March 2, 2016 and is uptrending. It has outperformed by 172.37% the S&P500.
The move comes after 6 months positive chart setup for the $341.32M company. It was reported on Oct, 5 by Barchart.com. We have $8.56 PT which if reached, will make NYSE:CLD worth $174.07M more.
Analysts await Cloud Peak Energy Inc. (NYSE:CLD) to report earnings on October, 25. They expect $-0.10 earnings per share, down 141.67% or $0.34 from last year’s $0.24 per share. After $0.48 actual earnings per share reported by Cloud Peak Energy Inc. for the previous quarter, Wall Street now forecasts -120.83% negative EPS growth.
Cloud Peak Energy Inc. (NYSE:CLD) Ratings Coverage
Out of 7 analysts covering Cloud Peak Energy (NYSE:CLD), 1 rate it a “Buy”, 3 “Sell”, while 3 “Hold”. This means 14% are positive. Cloud Peak Energy has been the topic of 10 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Tuesday, October 6. The stock of Cloud Peak Energy Inc. (NYSE:CLD) earned “Sell” rating by UBS on Friday, November 20. The stock of Cloud Peak Energy Inc. (NYSE:CLD) earned “Outperform” rating by Cowen & Co on Thursday, July 30. The rating was downgraded by FBR Capital to “Underperform” on Friday, April 29. The stock has “Equal-Weight” rating given by Barclays Capital on Monday, October 5. The firm has “Underweight” rating by Barclays Capital given on Tuesday, January 12. The company was maintained on Wednesday, October 28 by BMO Capital Markets. Macquarie Research maintained Cloud Peak Energy Inc. (NYSE:CLD) rating on Wednesday, October 28. Macquarie Research has “Neutral” rating and $3.75 price target. The stock of Cloud Peak Energy Inc. (NYSE:CLD) has “Underperform” rating given on Friday, September 18 by FBR Capital. FBR Capital upgraded Cloud Peak Energy Inc. (NYSE:CLD) on Thursday, February 4 to “Market Perform” rating.
According to Zacks Investment Research, “Cloud Peak Energy operates as a producer of low sulfur, high quality, sub-bituminous coal in the United States. It owns and operates three surface coal mines in the Powder River Basin named: Antelope, Cordero Rojo and the Spring Creek Mine. The Antelope Mine and Cordero Rojo Mine are located in Wyoming and the Spring Creek Mine is located near Decker, Montana. The company is headquartered in Gillette, Wyoming.”
Insitutional Activity: The institutional sentiment decreased to 0.49 in Q2 2016. Its down 0.48, from 0.97 in 2016Q1. The ratio worsened, as 27 funds sold all Cloud Peak Energy Inc. shares owned while 45 reduced positions. 9 funds bought stakes while 26 increased positions. They now own 45.92 million shares or 11.90% less from 52.12 million shares in 2016Q1.
Green Square Cap Ltd Liability Co last reported 44,707 shares in the company. Arizona State Retirement Sys owns 31,853 shares or 0% of their US portfolio. Loews, a New York-based fund reported 736,000 shares. Creative Planning accumulated 0.01% or 783,413 shares. Moreover, New York State Teachers Retirement Sys has 0% invested in Cloud Peak Energy Inc. (NYSE:CLD) for 33,798 shares. Comerica Savings Bank last reported 0% of its portfolio in the stock. Moreover, Cornerstone Capital Mgmt Hldg Limited Com has 0% invested in Cloud Peak Energy Inc. (NYSE:CLD) for 31,000 shares. Nationwide Fund owns 52,627 shares or 0% of their US portfolio. Moreover, Pr Herzig & Incorporated has 0.39% invested in Cloud Peak Energy Inc. (NYSE:CLD) for 90,800 shares. Paloma Partners Mgmt Company holds 267,546 shares or 0.01% of its portfolio. Group Inc Incorporated holds 0% or 10,322 shares in its portfolio. Barclays Public Limited last reported 0% of its portfolio in the stock. The New York-based Morgan Stanley has invested 0% in Cloud Peak Energy Inc. (NYSE:CLD). Wells Fargo & Mn, a California-based fund reported 622,447 shares. Capstone Asset Management Communication has 65,890 shares for 0% of their US portfolio.
More recent Cloud Peak Energy Inc. (NYSE:CLD) news were published by: Businesswire.com which released: “Cloud Peak Energy Reaffirms Expiration Date and Announces Early Tender Date …” on October 05, 2016. Also Prnewswire.com published the news titled: “Research Reports Coverage on Metals & Minerals Stocks — Cloud Peak Energy …” on October 05, 2016. Zacks.com‘s news article titled: “Cloud Peak Energy’s (CLD) Shares March Higher, Can It Continue?” with publication date: September 27, 2016 was also an interesting one.
CLD Company Profile
Cloud Peak Energy Inc., incorporated on July 31, 2008, is a producer of coal in the United States and the Powder River basin (PRB). The Firm owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine, and the Spring Creek Mine. The Firm operates through two divisions: Owned and Operated Mines segment, and Logistics and Related Activities. The Company’s Owned and Operated Mines segment is characterized by its focus on thermal coal production. The Company’s Owned and Operated Mines segment includes the Company’s Antelope Mine, Cordero Rojo Mine, and Spring Creek Mine. The Firm focuses on domestic electric utilities and its mines utilize surface mining extraction processes, and are located in the PRB. The Company’s Logistics and Related Activities segment is characterized by the services the Company provides to its international and domestic customers. The services provided by the Company include the purchase of coal from third parties or from its owned and operated mines, at market prices, as well as the contracting and coordination of the transportation, and other handling services from third-party operators, which are rail and terminal companies.
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