Impact of Brokerage Rating on Cloud Peak Energy Inc(CLD)

Many Cloud Peak Energy Inc(CLD) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Cloud Peak Energy was Upgraded by JP Morgan to Overweight on Jan 30, 2017. Cloud Peak Energy was Initiated by MKM Partners on Dec 20, 2016 to Neutral, Price Target of the shares are set at $6.

Cloud Peak Energy Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.17. Analyst had a consensus of $-0.11. The company had revenue of $217.10 million for the quarter, compared to analysts expectations of $221.94 million. The companys revenue was down -28.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.

Cloud Peak Energy Inc (NYSE:CLD) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 3 by 6 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.

Cloud Peak Energy Inc (NYSE:CLD) shares are expected to touch $6.25 in the short term. This short term price target has been shared by 6 analysts. However, the standard deviation of short term price estimate has been valued at 1.6. The target price could hit $9 on the higher end and $4 on the lower end.

Cloud Peak Energy Inc (NYSE:CLD) rose 3.15% or 0.18 points on Tuesday and made its way into the gainers of the day. After trading began at $5.72 the stock was seen hitting $5.9 as a peak level and $5.67 as the lowest level. The stock ended up at $5.9. The daily volume was measured at 1,082,853 shares. The 52-week high of the share price is $8.035 and the 52-week low is $1.39. The company has a market cap of $363 million.

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.


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