There has been a significant shift in the fundamentals for Peabody Energy Corp. (NYSE:BTU)

The stock of Peabody Energy Corp. (NYSE:BTU) last traded at $23.31, up 0.39% from the previous session.

BTU stock price is now 3.37% away from the 50-day moving average and -1.84% away from the 200-day moving average. The market capitalization of the company currently stands at $2.93B.

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With the price target enhanced from $25 to $36, Jefferies Upgraded its rating from Hold to Buy for Peabody Energy Corp. (NYSE: BTU). On October 29, 2021, The Benchmark Company Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $16, while ‘B. Riley Securities’ rates the stock as ‘Buy’

In other news, Jarboe Scott T., CAO and Corporate Secretary sold 14,582 shares of the company’s stock on Feb 27 ’24. The stock was sold for $362,363 at an average price of $24.85. Upon completion of the transaction, the CAO and Corporate Secretary now directly owns 66,133 shares in the company, valued at $1.54 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 23 ’24, EVP & COO Yeates Darren Ronald sold 25,793 shares of the business’s stock. A total of $637,345 was realized by selling the stock at an average price of $24.71. This leaves the insider owning 80,367 shares of the company worth $1.87 million. A total of 0.72% of the company’s stock is owned by insiders.

During the past 12 months, Peabody Energy Corp. has had a low of $20.26 and a high of $27.24. As of last week, the company has a debt-to-equity ratio of 0.12, a current ratio of 2.49, and a quick ratio of 1.92. The fifty day moving average price for BTU is $22.5596 and a two-hundred day moving average price translates $23.74435 for the stock.

The latest earnings results from Peabody Energy Corp. (NYSE: BTU) was released for 2024-06-30. The net profit margin was 12.85% and return on equity was 15.52% for BTU. The company reported revenue of $1.04 billion for the quarter, compared to $1.27 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -17.88 percent.

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