Peabody Energy Corporation (BTU) Trading at $28.43 Forms Bearish Multiple Bottom Pattern

Peabody Energy Corporation (NYSE:BTU) Corporate Logo

Multiple bottoms technical setup was formed by Peabody Energy Corporation (BTU) with $26.72 target or 6.00 % below today’s $28.43 stock price. Finviz.com featured it on Mar, 26. The valuation of BTU can change by $184.68 million if our $26.72 target is touched.

BTU touched $28.43 during the last trading session after $0.52 change.Currently Peabody Energy Corporation is downtrending after 23.64% change in last March 26, 2018. BTU has also 622,350 shares volume. BTU underperformed the S&P500 by 28.01%.

On April, 24. Investors expect Peabody Energy Corporation (NYSE:BTU) to reveal its quarterly earnings, as reported by Faxor. Analysts expect change of 18.07 % or $0.15 from previous year’s $0.83 EPS compared to current’s $0.68 EPS. If EPS of $0.68 is announced the profit of BTU could be $73.62 million giving it 10.45 P/E. After $0.88 EPS was announced previous quarter, analysts now see negative EPS growth of -22.73 % for Peabody Energy Corporation.

Peabody Energy Corporation (NYSE:BTU) Ratings Coverage

In total 4 analysts cover Peabody Energy (NYSE:BTU). “Buy” rating has 2, “Sell” are 0, while 2 are “Hold”. 50% are bullish. With $42 highest and $34 lowest price target Peabody Energy has $38.50 average price target or 35.42% above the current ($28.43) price. 4 are the (NYSE:BTU)’s analyst reports since October 1, 2018 according to StockzIntelligence Inc. On Monday, November 5 the stock of Peabody Energy Corporation (NYSE:BTU) earned “Buy” rating by FBR Capital. On Monday, October 1 the rating was maintained by Macquarie Research with “Neutral”.

For more Peabody Energy Corporation (NYSE:BTU) news released recently go to: Nasdaq.com, Nasdaq.com, Nasdaq.com, Seekingalpha.com or Nasdaq.com. The titles are as follows: “Energy Sector Update for 03/20/2019: CEI,METC,FTI,TOT,EQNR – Nasdaq” released on March 20, 2019, “US Stocks Push Higher After Dovish Federal Reserve Signals Goldilocks to Markets; Pound Slips on Brexit Chaos – Nasdaq” on March 21, 2019, “Energy Sector Update for 03/04/2019: PVAC,DNR,LNG,ENB – Nasdaq” with a publish date: March 04, 2019, “Peabody Energy declares force majeure on North Goonyella coal – Seeking Alpha” and the last “Energy Sector Update for 03/21/2019: PXS,EQT,CEO,MUR – Nasdaq” with publication date: March 21, 2019.

Peabody Energy Corporation (NYSE:BTU) Analyst Ratings Chart

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