Shares of Consol Energy Inc (NYSE:CEIX) have been given an average broker rating score of 1.00 (Strong Buy) from the four brokers that provide coverage for the company, Zacks Investment Research reports. Four investment analysts have rated the stock with a strong buy recommendation.
Brokers have set a one year consensus price objective of $42.75 for the company and are anticipating that the company will post $0.82 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Consol Energy an industry rank of 110 out of 265 based on the ratings given to its competitors.
Several analysts have issued reports on CEIX shares. B. Riley reaffirmed a “buy” rating on shares of Consol Energy in a research note on Thursday, November 30th. Stifel Nicolaus started coverage on Consol Energy in a research note on Thursday, November 30th. They issued a “buy” rating and a $32.00 target price for the company. Finally, Seaport Global Securities started coverage on Consol Energy in a research note on Thursday, November 30th. They issued a “buy” rating and a $32.00 target price for the company.
Consol Energy (CEIX) opened at $28.69 on Friday. The company has a debt-to-equity ratio of 2.52, a quick ratio of 0.82 and a current ratio of 0.95. Consol Energy has a 52-week low of $19.51 and a 52-week high of $41.89.
Consol Energy (NYSE:CEIX) last issued its earnings results on Tuesday, February 6th. The company reported $1.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.43. The firm had revenue of $352.32 million during the quarter, compared to analysts’ expectations of $344.75 million. analysts expect that Consol Energy will post 3.37 EPS for the current year.
A number of institutional investors and hedge funds have recently modified their holdings of CEIX. Westwood Holdings Group Inc. purchased a new stake in Consol Energy in the fourth quarter worth approximately $100,000. Meadow Creek Investment Management LLC purchased a new stake in Consol Energy in the fourth quarter worth approximately $128,000. QS Investors LLC purchased a new stake in Consol Energy in the fourth quarter worth approximately $135,000. Sasco Capital Inc. CT purchased a new stake in Consol Energy in the fourth quarter worth approximately $142,000. Finally, American International Group Inc. purchased a new stake in Consol Energy in the fourth quarter worth approximately $148,000. 94.63% of the stock is owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY WARNING: This article was posted by Enterprise Leader and is owned by of Enterprise Leader. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright law. The correct version of this article can be viewed at https://theenterpriseleader.com/2018/04/02/brokerages-anticipate-consol-energy-inc-ceix-to-announce-0-82-eps.html.
Consol Energy Company Profile
CONSOL Energy Inc, formerly CONSOL Mining Corporation, is engaged in the natural gas exploration and production business. The Company is a producer and exporter of high-Btu bituminous thermal and crossover metallurgical coal. It holds interest in the Pennsylvania Mining Complex (PMC) and related coal assets, terminal operations at the Port of Baltimore.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Consol Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consol Energy and related companies with MarketBeat.com's FREE daily email newsletter.