The stock of Cloud Peak Energy Inc. (NYSE:CLD) is a huge mover today! About 2.44M shares traded hands or 55.41% up from the average. Cloud Peak Energy Inc. (NYSE:CLD) has risen 172.51% since March 15, 2016 and is uptrending. It has outperformed by 167.03% the S&P500.
The move comes after 9 months positive chart setup for the $395.16 million company. It was reported on Oct, 18 by Barchart.com. We have $15.67 PT which if reached, will make NYSE:CLD worth $600.64M more.
Analysts await Cloud Peak Energy Inc. (NYSE:CLD) to report earnings on October, 25. They expect $-0.10 EPS, down 141.67% or $0.34 from last year’s $0.24 per share. After $0.48 actual EPS 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 11 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock has “Outperform” rating given by Cowen & Co on Thursday, July 30. Barclays Capital maintained the shares of CLD in a report on Monday, October 5 with “Equal-Weight” rating. FBR Capital maintained the stock with “Underperform” rating in Thursday, October 13 report. The stock of Cloud Peak Energy Inc. (NYSE:CLD) has “Underperform” rating given on Friday, April 29 by FBR Capital. The stock of Cloud Peak Energy Inc. (NYSE:CLD) has “Neutral” rating given on Wednesday, October 28 by Macquarie Research. The firm has “Equal-Weight” rating given on Tuesday, October 6 by Morgan Stanley. The firm has “Market Perform” rating given on Thursday, February 4 by FBR Capital. BMO Capital Markets maintained it with “Market Perform” rating and $3.70 target price in Wednesday, October 28 report. The stock of Cloud Peak Energy Inc. (NYSE:CLD) has “Underperform” rating given on Friday, September 18 by FBR Capital. The firm earned “Underweight” rating on Tuesday, January 12 by Barclays Capital.
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 2016 Q2. Its down 0.48, from 0.97 in 2016Q1. The ratio fall, 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.
Moreover, Cypress Cap Management Limited Liability (Wy) has 0% invested in Cloud Peak Energy Inc. (NYSE:CLD) for 850 shares. Cubist Systematic Strategies Limited Com last reported 99,374 shares in the company. Lmr Llp holds 0.02% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD) for 76,038 shares. Louisiana State Employees Retirement accumulated 27,100 shares or 0% of the stock. Stephens Inc Ar has invested 0.01% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD). Connor Clark & Lunn Invest Mngmt Ltd holds 660,350 shares or 0.01% of its portfolio. The Connecticut-based Aqr Mgmt Ltd Liability Company has invested 0% in Cloud Peak Energy Inc. (NYSE:CLD). Millennium Management Ltd Liability Company, a New York-based fund reported 491,063 shares. Loews Corp owns 736,000 shares or 0.01% of their US portfolio. The California-based Blackrock Fund Advsrs has invested 0% in Cloud Peak Energy Inc. (NYSE:CLD). Pr Herzig, a New York-based fund reported 90,800 shares. Tower Cap Limited Liability Company (Trc) last reported 13,049 shares in the company. The Illinois-based Citadel Ltd Liability has invested 0% in Cloud Peak Energy Inc. (NYSE:CLD). Deutsche Bancorp Ag last reported 0% of its portfolio in the stock. Geode Capital Mngmt Ltd Llc accumulated 331,889 shares or 0% of the stock.
More recent Cloud Peak Energy Inc. (NYSE:CLD) news were published by: Businesswire.com which released: “Cloud Peak Energy Resources Commences Exchange Offers” on September 12, 2016. Also Businesswire.com published the news titled: “Cloud Peak Energy Announces Final Results of Its Exchange Offers” on October 13, 2016. Seekingalpha.com‘s news article titled: “Cloud Peak Energy’s Stock Has Soared This Year, But Its New Notes Have Better …” with publication date: October 10, 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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