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CONSOL Energy Earning Somewhat Favorable News Coverage, Report Finds

 

 

September 3, 2018 - News headlines about Consol Energy (NYSE:CEIX) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Consol Energy earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 47.0443633367127 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.


CEIX has been the subject of several research analyst reports. Stifel Nicolaus assumed coverage on shares of Consol Energy in a research report on Wednesday, June 27th. They issued a “hold” rating and a $40.00 target price for the company. B. Riley boosted their price objective on shares of Consol Energy from $44.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, July 10th. Zacks Investment Research downgraded shares of Consol Energy from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 11th. Finally, Seaport Global Securities reissued a “buy” rating and set a $52.00 target price on shares of Consol Energy in a research note on Thursday, August 2nd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $45.75.

 


CEIX stock traded up $1.00 on Friday, hitting $42.90. 261,412 shares of the company’s stock traded hands, compared to its average volume of 275,809. Consol Energy has a 1-year low of $19.51 and a 1-year high of $48.12. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.26 and a quick ratio of 1.13.


Consol Energy (NYSE:CEIX) last released its earnings results on Thursday, August 2nd. The company reported $1.58 EPS for the quarter, beating the consensus estimate of $1.42 by $0.16. Consol Energy had a net margin of 5.70% and a return on equity of 28.97%. The business had revenue of $370.70 million during the quarter, compared to analyst estimates of $413.40 million. The firm’s quarterly revenue was up 22.1% on a year-over-year basis. research analysts expect that Consol Energy will post 5.1 EPS for the current fiscal year.

 

In other Consol Energy news, Director John T. Mills sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 13th. The shares were sold at an average price of $42.33, for a total value of $253,980.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.71% of the stock is currently owned by corporate insiders.