Cloud Peak Energy Inc (NYSE:CLD) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Monday.

According to Zacks, “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. “

Other equities analysts also recently issued research reports about the stock. Stifel Nicolaus restated a “buy” rating and issued a $6.00 price objective on shares of Cloud Peak Energy in a research note on Friday, July 21st. TheStreet upgraded shares of Cloud Peak Energy from a “d+” rating to a “c-” rating in a research note on Friday, October 27th. BMO Capital Markets set a $4.00 price objective on shares of Cloud Peak Energy and gave the company a “hold” rating in a research note on Saturday, August 5th. ValuEngine downgraded shares of Cloud Peak Energy from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Finally, B. Riley restated a “neutral” rating on shares of Cloud Peak Energy in a research note on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Cloud Peak Energy currently has an average rating of “Hold” and a consensus price target of $5.11.

Cloud Peak Energy (NYSE CLD) opened at $4.21 on Monday. The company has a quick ratio of 1.61, a current ratio of 2.14 and a debt-to-equity ratio of 0.41. Cloud Peak Energy has a twelve month low of $2.78 and a twelve month high of $7.37. The company has a market capitalization of $320.10, a price-to-earnings ratio of 53.25 and a beta of 1.64.

Cloud Peak Energy (NYSE:CLD) last released its quarterly earnings data on Thursday, October 26th. The mining company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. The company had revenue of $249.00 million during the quarter, compared to analyst estimates of $254.82 million. During the same quarter in the prior year, the company earned $0.06 EPS. The business’s revenue was up 14.7% on a year-over-year basis. equities analysts expect that Cloud Peak Energy will post -0.39 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently made changes to their positions in the company. Citigroup Inc. boosted its stake in shares of Cloud Peak Energy by 40.7% during the second quarter. Citigroup Inc. now owns 117,517 shares of the mining company’s stock worth $415,000 after buying an additional 33,987 shares during the period. Texas Permanent School Fund boosted its stake in shares of Cloud Peak Energy by 1.0% during the second quarter. Texas Permanent School Fund now owns 54,799 shares of the mining company’s stock worth $193,000 after buying an additional 523 shares during the period. Vanguard Group Inc. boosted its stake in shares of Cloud Peak Energy by 27.9% during the first quarter. Vanguard Group Inc. now owns 3,581,492 shares of the mining company’s stock worth $16,403,000 after buying an additional 782,138 shares during the period. Rhumbline Advisers boosted its stake in shares of Cloud Peak Energy by 138.3% during the second quarter. Rhumbline Advisers now owns 144,888 shares of the mining company’s stock worth $511,000 after buying an additional 84,079 shares during the period. Finally, Loews Corp boosted its stake in shares of Cloud Peak Energy by 14.3% during the second quarter. Loews Corp now owns 1,200,000 shares of the mining company’s stock worth $4,236,000 after buying an additional 150,000 shares during the period. Institutional investors and hedge funds own 80.70% of the company’s stock.

About Cloud Peak Energy

Cloud Peak Energy Inc is a producer of coal in the United States of America and the Powder River Basin (PRB). In the PRB, the Company owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine and the Spring Creek Mine. Its segments include Owned and Operated Mines, and Logistics and Related Activities.

Analyst Recommendations for Cloud Peak Energy (NYSE:CLD)

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