Ultime notizie per Peabody Energy (NYSE:BTU) Azioni

Peabody Energy

Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal and Corporate and Other. Powder River Basin segment generates the majority of the revenue for the company. A substantial part of its overall revenue is generated from its customers in the United States, and rest from Japan, China, Australia, Taiwan and other regions.

Peabody Energy Corp

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Shares of coal companies are trading higher in possible reaction to China's stimulus.

B. Riley Securities analyst Lucas Pipes maintains Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) with a Buy and raises the price target from $32 to $34.

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B. Riley Securities Maintains Buy on Peabody Energy, Raises Price Target to $34

Investors with significant funds have taken a bearish position in Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in BTU usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 17 options transactions for Peabody Energy. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 35% being bullish and 52% bearish. Of all the options we discovered, 16 are puts, valued at $561,771, and there was a single call, worth $50,052.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $27.0 for Peabody Energy over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Peabody Energy's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Peabody Energy's significant trades, within a strike price range of $20.0 to $27.0, over the past month.
<h3>Peabody Energy Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1725637598_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BTU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$6.2</td>
<td>$6.2</td>
<td>$6.2</td>
<td>$27.00</td>
<td>$55.8K</td>
<td>1.9K</td>
<td>90</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.58</td>
<td>$2.49</td>
<td>$2.58</td>
<td>$20.00</td>
<td>$50.0K</td>
<td>24.0K</td>
<td>965</td>
</tr>
<tr>
<td>BTU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$1.5</td>
<td>$1.5</td>
<td>$1.5</td>
<td>$22.50</td>
<td>$45.0K</td>
<td>1.7K</td>
<td>755</td>
</tr>
<tr>
<td>BTU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/06/24</td>
<td>$1.5</td>
<td>$1.38</td>
<td>$1.5</td>
<td>$22.50</td>
<td>$38.2K</td>
<td>1.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>BTU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$1.24</td>
<td>$1.16</td>
<td>$1.23</td>
<td>$22.00</td>
<td>$37.7K</td>
<td>2.0K</td>
<td>1.7K</td>
</tr>
</tbody>
</table>

<h3>About Peabody Energy</h3>
Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal and Corporate and Other. Powder River Basin segment generates the majority of the revenue for the company. A substantial part of its overall revenue is generated from its customers in the United States, and rest from Japan, China, Australia, Taiwan and other regions.
Having examined the options trading patterns of Peabody Energy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Where Is Peabody Energy Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 810,728, the BTU's price is down by -3.15%, now at $20.9. </li>
<li>RSI readings suggest the stock is currently may be approaching oversold.</li>
<li>Anticipated earnings release is in 48 days.</li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Peabody Energy with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

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Check Out What Whales Are Doing With BTU

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Shares of coal companies are trading lower amid a drop in the price of the commodity. Weakness may be due to August's ISM Manufacturing PMI data indicating an economic contraction and pending non-farm payrolls data that may determine the size of future rate cuts.

Deep-pocketed investors have adopted a bullish approach towards Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BTU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 20 extraordinary options activities for Peabody Energy. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 45% leaning bullish and 45% bearish. Among these notable options, 2 are puts, totaling $89,230, and 18 are calls, amounting to $989,486.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $20.0 and $25.0 for Peabody Energy, spanning the last three months.
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Peabody Energy stands at 2536.67, with a total volume reaching 13,923.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Peabody Energy, situated within the strike price corridor from $20.0 to $25.0, throughout the last 30 days.
<h3>Peabody Energy Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724263244_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$6.6</td>
<td>$4.55</td>
<td>$5.6</td>
<td>$22.00</td>
<td>$132.7K</td>
<td>2.3K</td>
<td>1</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$6.6</td>
<td>$4.55</td>
<td>$5.6</td>
<td>$22.00</td>
<td>$126.5K</td>
<td>2.3K</td>
<td>238</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$6.45</td>
<td>$6.3</td>
<td>$6.34</td>
<td>$20.00</td>
<td>$95.8K</td>
<td>3.8K</td>
<td>1.0K</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$6.45</td>
<td>$6.25</td>
<td>$6.3</td>
<td>$20.00</td>
<td>$63.0K</td>
<td>3.8K</td>
<td>1.1K</td>
</tr>
<tr>
<td>BTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$6.3</td>
<td>$6.25</td>
<td>$6.25</td>
<td>$20.00</td>
<td>$62.5K</td>
<td>3.8K</td>
<td>1.2K</td>
</tr>
</tbody>
</table>

<h3>About Peabody Energy</h3>
Peabody Energy Corp is a producer of metallurgical and thermal coal. It also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts. The company operates in the following segment: Seaborne Thermal, Seaborne Metallurgical, Powder River Basin, Other U.S. Thermal and Corporate and Other. Powder River Basin segment generates the majority of the revenue for the company. A substantial part of its overall revenue is generated from its customers in the United States, and rest from Japan, China, Australia, Taiwan and other regions.
Having examined the options trading patterns of Peabody Energy, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Peabody Energy's Current Market Status</h3>
<ul>
<li>Trading volume stands at 2,814,993, with BTU's price up by 5.14%, positioned at $23.72.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 64 days.</li>
</ul>
<h3>Expert Opinions on Peabody Energy</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $32.0.
<ul>
<li>Maintaining their stance, an analyst from B. Riley Securities continues to hold a Buy rating for Peabody Energy, targeting a price of $32. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Peabody Energy, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Smart Money Is Betting Big In BTU Options

First Trust Global Wind Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FAN#NYSE">FAN</a>), which follows the wind energy industry, is up 4% since January and <a href="https://www.benzinga.com/topic/wind">6.6% in the past year</a>.
The coal industry, meanwhile, has been facing setbacks from the investment community for several years. 
The obvious shift to <a href="https://www.benzinga.com/topic/clean-energy">clean energy sources</a> hasn't yet been enough to declare coal's definitive demise, but concerns over climate change from fossil fuel burning have caused many firms and individuals to drop coal-related holdings.
However, continued dependence on coal burning abroad continues to be a lifeline for coal companies in the U.S., pushing the industry into a sharp contrast to the clean energy sector, which has struggled to outperform the market in 2024.
<h3 class="wp-block-heading">Is Coal Dead? Some Don't Think So</h3>
In 2020, the market saw the shutdown of VanEck Vectors Coal ETF, which was at the time the only remaining ETF following the coal industry.
At the time, fund manager BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) said the firm's actively managed funds would no longer hold shares of companies deriving more than 25% of revenues from the thermal coal business, Barrons <a href="https://www.barrons.com/articles/the-only-coal-etf-is-closing-what-it-means-for-investors-51608225200">reported</a>.
In turn, many investors and firms have switched towards environmentally-friendly energy stocks and ETFs.
Yet some in the industry continue to believe there's a case for investing in coal.
In January of this year, Range ETFs, a firm dedicated to running ETFs around niche themes, launched the Range Global Coal Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COAL#NYSE">COAL</a>) which provides exposure to companies involved in the production, exploration, development, transportation, and distribution of coal.
Since its launch, the price of the ETF oscillated between $21 and $26 and is $22.6 at the time of this writing, with year-to-date gains of 0.86%.
In an investment document, Range claims there is still an investment case for coal, in spite of an obvious global trend to detach from it.
Demand for coal actually grew on a global scale between 2021 and 2022, led by China and India, according to the International Energy Agency.
Coal burning represents 16.2% of the total utility-scale electricity generation in the U.S., according to the latest data from the Energy Information Administration and 36% on a global scale.
In the U.S., the firm says, "‘energy security' as one element of national security." This means that the government will continue to guarantee the availability of reliable energy sources to make up for possible gaps in energy supply stemming from green energy production.
Read also: <a href="https://www.benzinga.com/markets/equities/24/08/40333362/teslas-elon-musk-warns-against-vilifying-oil-and-gas-industry-in-trump-interview-cautions-agains">Tesla&#8217;s Elon Musk Warns Against Vilifying Oil And Gas Industry In Trump Interview, Cautions Against Rushing With Sustainable Energy Transition: &#8216;It&#8217;s Not Like The House Is On Fire Immediately&#8217;</a>
In June, the coal industry was affected by election results in India, which gave investors the idea that the country might not continue with a plan to upsize its coal use, though <a href="https://www.benzinga.com/markets/asia/24/06/39173971/coal-stocks-take-a-breather-as-trading-sentiment-sours-in-commodities-markets-was-the-election-in-in">some analysts called it a natural market correction</a> from an "overbought" sector.
The balance between trends running against "dirty" energy sources and short-term tailwinds for the coal industry have resulted in varying performances for some of its largest players over the past year.
<ul>
<li>Shares of Peabody Energy Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>), which is the largest coal producer in the U.S. are down 7.7% since January but up 2.3% in the past year.</li>
<li>The second largest producer, Arch Resources Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARCH#NYSE">ARCH</a>) has performed a lot worse in 2024, with shares down over 24% since January. According <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/08/40363492/top-3-energy-stocks-that-may-rocket-higher-this-quarter">to data from Benzinga Pro</a>, the stock appears oversold and its share price could rise this year.</li>
<li>Warrior Met Coal Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) shares are up 49% in the last year.</li>
</ul>
<h3 class="wp-block-heading">Wind Beats Solar In 2024</h3>
<a href="https://www.benzinga.com//node/40379430">A Benzinga technical analysis from this week</a> showed that EV maker Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) could be up for a rebound after losing almost 13% of its value since January.
Other companies in the clean energy sector, however, could be struggling more.
Shares in the iShares Global Clean Energy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLN#NASDAQ">ICLN</a>) are stuck in a pattern that technical analysts call the "death cross," which occurs when the 50-day moving average crosses below its long-term moving average of 200 days. The fund is down 8% since January and 12% in the last year.
 The solar energy sector has been struggling more than wind. Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>), which follows the solar sector, has also performed poorly in recent periods. The fund is down 22% since January and 30% in the past year.
Now Read:
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<li><a href="https://www.benzinga.com//node/40359364">Bill Gates, Jeff Bezos, And Jack Ma-Backed Breakthrough Energy Ventures Nears $1B Goal For Climate-Focused Fund</a></li>
</ul>

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Is Coal Dead? Wind Just Ate Its Lunch This Year — 7 Energy ETFs To Watch In 2024

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Elliott Investment Management Q2 2024 13F Exited Positions Include 507K Constellation Brands Shares, 4.1M Endeavor Group Shares, 1.05M VNQ Calls, 3.74M Peabody Energy Shares, 296K iShares Bitcoin Trust Shares, 5K NVIDIA Shares, And 1.12M Polestar Automotive Shares

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Shares of oil and gas companies are trading lower. The sector might be moving amid overall market weakness due to economic slowdown concerns following recent US data, which could negatively impact demand.

B. Riley Securities analyst Lucas Pipes maintains Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) with a Buy and raises the price target from $31 to $32.

B. Riley Securities Maintains Buy on Peabody Energy, Raises Price Target to $32

Peabody Energy shares are trading higher after the company reported a Q2 earnings beat and announced a $100 million buyback.

Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) reported quarterly earnings of $1.42 per share which beat the analyst consensus estimate of $0.61 by 132.79 percent.

Earnings

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Peabody Energy Q2 2024 Adj EPS $1.42 Beats $0.61 Estimate

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Peabody Energy Announces $100M Buyback Program

The market for coal used to make steel is in the summer doldrums, but supply outages in Australia and the United States are providing underlying tightness that could cause prices to spike in the late summer and fall once Asian <a href="https://www.benzinga.com/topic/steel">steelmakers start restocking.</a>
Mine fires in Australia and West Virginia and a lock and dam closure in Alabama are causing latent tightness that won't become visible until India and China come back to the market between August and October. Once they do, prices are likely to move higher but remain capped below record highs by a sluggish global economy.&nbsp;
"The supply side looks very supportive of met coal prices,"&nbsp;John Berman, chief investment officer with natural resources&nbsp;investment management&nbsp;company&nbsp;Berman Capital Group, told Benzinga. "It's the demand side that is potentially the brakes on any price rally."
Also Read: <a href="https://www.benzinga.com/markets/asia/24/06/39173971/coal-stocks-take-a-breather-as-trading-sentiment-sours-in-commodities-markets-was-the-election-in-in">Coal Stocks Take A Breather As Trading Sentiment Sours In Commodities Markets: Was The Election In India A Factor?</a>
Australia's Grosvenor Outage
Among the top concerns of the market right now is <a href="https://www.benzinga.com/m-a/24/07/39623378/anglo-americans-coal-asset-sale-faces-hurdle-after-fire-at-major-mine">the outage</a> at Anglo American's (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NGLOY#OTC">NGLOY</a>) Grosvenor Mine, which supplies more than 1% of global seaborne steelmaking coal.
An explosion and fire forced the company to suspend production at the mine late last month, knocking out up to 3 million tons of Anglo&#8217;s total expected 15-17 million metric tons of steelmaking coal output for 2024. On Thursday, the miner revised that guidance to 14-15.5 million metric tons.
The day after the explosion, Anglo said the outage could last several months because of likely damage underground.
Last week, Australian mining union officials said they were worried that Grosvenor might close permanently, although they acknowledged that Anglo was trying to recover the mine.
Metallurgical coal prices initially jumped on the Grosvenor news, but then retreated as Anglo reportedly assured customers of third quarter deliveries. However, the company reportedly said it wouldn't be able to meet delivery obligations in the fourth quarter.
"While the incident will continue to provide support and tighten supply, it appears that part of the initial price rally was speculative,"&nbsp;RBC Capital Markets&nbsp;said in a note.
US River Transportation Outage
In the United States, the Army Corp of Engineers closed the Holt Lock and Dam on the Black Warrior River in Alabama on June 22 as a safety precaution because of cracks and leaks. The river is a key artery for barge transportation of coal.
The infrastructure will be closed for three to five months while a new steel-enforced bulkhead can be manufactured, Army engineers said.
The closure means Peabody Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37295857/warrior-met-coals-ballooning-development-costs-prompt-analysts-to-rethink-projectio">Warrior Met Coal Inc. </a>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) will have to find alternate transportation, Matthew Warder, an analyst with The Coal Trader newsletter, told Benzinga. The companies didn't respond when asked for comment.
US Longview Mine Outage
On June 30, the Longview Mine in West Virginia caught fire, according to media reports. The federal Mine Safety and Health Administration is investigating the incident. 
As of Friday, the mine remained out of commission, sources familiar with the matter told Benzinga. One of the sources said the mine could reopen this week while another said workers had reentered the mine last week.
Industry chatter suggests the mine won't be back to full production for months, although one of the sources said it is the operator's goal to restart mine production as soon as possible.
The mine operator,&nbsp;Allegheny Metallurgical, didn't respond to requests for comment. Privately held Allegheny is a partnership between privately held U.S.-based companies&nbsp;American Metals &amp; Coal International Inc.&nbsp;and&nbsp;JAZ Ventures, South Korea's&nbsp;Posco Holdings&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKX#NYSE">PKX</a>) and Japan's&nbsp;Itochu Corp.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/ITOCY#OTC">ITOCY</a>) .
Based on a similar incident at Peabody's Shoal Creek Mine last year, Warder said the Longview outage could keep 0.5-1.5 million short tons of high volatile metallurgical coal off the market in 2024 and up to 3.5 million short tons off next year if the mine remains offline.
Higher Prices to Benefit Miners
The three incidents have tightened metallurgical coal supply, but at the moment there isn't a strong upward price reaction because steelmakers in India, China, Europe and Brazil aren't yet looking to make purchases on the spot market to replenish their stocks. Meanwhile, U.S. coking coal buyers are just getting their annual procurement process started this month.
"This is a very sleepy time in the market," Warder said.
Late last month, Australian premium coking coal futures, an industry benchmark, could be seen at $233 per metric ton, a far cry from their record high above $360 set in October.
When heavyweight steel producers India and China come back to the market between August and October, the demand may push prices higher than they would otherwise go if not for the production outages in Australia and the United States.
Warder thinks $300 steelmaking coal prices are in play sometime in the fall, although the market won't get back to the highs from the previous year because of a weaker Chinese economy.
"I think we could see $300 in the short term once the restocking season gets underway, although I don't know how sustainable that price will be with current demand," Berman said, adding that "$360, I think, is very unlikely without robust Chinese demand this year."
Firmer prices stand to benefit coking coal producers, Warder said.
That includes BHP and Alpha Metallurgical Resources Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMR#NYSE">AMR</a>), he added. 
Even with Grosvenor out, Anglo American still stands to benefit from its other metallurgical coal production, he said. And Warrior can use other transportation to get its coal to market, meaning the dam and lock outage isn't a showstopper for the company, he said. Peabody will also be able to get its Alabama coal to market, while it also produces Australian coal to sell, he said.
Berman agrees that Warrior and Alpha will be among the biggest beneficiaries as prices move higher. He also adds Australian miner&nbsp;Whitehaven Coal Ltd.&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/WHITF#OTC">WHITF</a>) to the list.
"Warrior will likely produce a little more free cash flow through the end of this year than I was expecting," Berman says.
Read Next:
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Coal Prices Set To Rise When Restocking Begins After US, Australia Mine Outages

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the &quot;Value&quot; category. When paired with a high Zacks Rank, &quot;A&quot; grades in the Value category are among the strongest value stocks on the market today.
One company to watch right now is Peabody Energy (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/btu#NYSE">BTU</a>). BTU is currently sporting a Zacks Rank of #1 (Strong Buy), as well as a Value grade of A.
Investors should also recognize that BTU has a P/B ratio of 0.86. The P/B is a method of comparing a stock&#39;s market value to its book value, which is defined as total assets minus total liabilities. This stock&#39;s P/B looks attractive against its industry&#39;s average P/B of 1.61. BTU&#39;s P/B has been as high as 0.99 and as low as 0.77, with a median of 0.87, over the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock&#39;s price with the company&#39;s sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. BTU has a P/S ratio of 0.66. This compares to its industry&#39;s average P/S of 0.97.
Finally, investors will want to recognize that BTU has a P/CF ratio of 3.80. This figure highlights a company&#39;s operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This company&#39;s current P/CF looks solid when compared to its industry&#39;s average P/CF of 5.33. Over the past year, BTU&#39;s P/CF has been as high as 4.06 and as low as 1.86, with a median of 3.23.
These are only a few of the key metrics included in Peabody Energy&#39;s strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, BTU looks like an impressive value stock at the moment.
<a href="https://www.zacks.com/stock/news/2304344/are-investors-undervaluing-peabody-energy-btu-right-now?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_2-2304344">To read this article on Zacks.com click here.</a>

Are Investors Undervaluing Peabody Energy Right Now?

Shares of oil and gas companies are trading higher as traders anticipate an increase in demand during the summer. Also, strength may be due to better-than-expected Chinese manufacturing activity data.

TECK

Shares of coal companies are trading lower after the EU reportedly approved compensation for LEAG's coal exit.

B. Riley Securities analyst Lucas Pipes maintains Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) with a Buy and lowers the price target from $32 to $31.

B. Riley Securities Maintains Buy on Peabody Energy, Lowers Price Target to $31

Benchmark analyst Nathan Martin reiterates Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) with a Buy and maintains $28 price target.

Reiteration

Benchmark Reiterates Buy on Peabody Energy, Maintains $28 Price Target

BMO Capital analyst David Gagliano maintains Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) with a Market Perform and lowers the price target from $25 to $24.

BMO Capital Maintains Market Perform on Peabody Energy, Lowers Price Target to $24

Peabody Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) reported quarterly earnings of $0.29 per share which missed the analyst consensus estimate of $0.31 by 6.45 percent. This is a 82.74 percent decrease over earnings of $1.68 per share from the same period last year. The company reported quarterly sales of $983.60 million which missed the analyst consensus estimate of $991.07 million by 0.75 percent. This is a 27.89 percent decrease over sales of $1.36 billion the same period last year.

Earnings Misses

Peabody Energy Q1 EPS $0.29 Misses $0.31 Estimate, Sales $983.60M Miss $991.07M Estimate

Peabody Energy Q2 2024 Earnings Preview

Peabody Energy GAAP EPS of $1.42 beats by $0.82, revenue of $1.04B beats by $30M

Peabody Energy declares $0.075 dividend

Peabody Energy: Strong Q2 And Good Free Cash Flow Outlook For Remainder Of Year

Peabody Energy Corporation (BTU) Q2 2024 Earnings Call Transcript

Benchmark Co. analyst Nathan Martin reiterated a Buy rating on Peabody Energy Comm (BTU – Research Report) today and set a price target of $28.00. ...

Benchmark Co. Sticks to Its Buy Rating for Peabody Energy Comm (BTU)

Paul Singer's Elliott Management exits Nvidia, BTU, adds LUV, ARM, among other Q2 moves

Peabody Energy pushes higher as shareholder discloses nearly 10% active stake

Peabody Energy Comm (BTU) has provided an update. Mark A. Spurbeck, the CFO of Peabody Energy Corporation, will participate in the Jefferies Instit...

Peabody Energy CFO to Present at Jefferies Investor Conference

Breaking The AI Bottleneck - 3 Energy Stocks With High Growth Potential

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Press Releases

Peabody Reports Results for the Quarter and Year Ended December 31, 2023

Peabody Announcement Regarding Reducing Slate of Directors Standing for Re-Election

Peabody Provides Update on First Quarter 2024 Results

Peabody Announces Completion of Wards Well Acquisition

Dividends

Peabody Board Declares Dividend on Common Stock

Peabody Reports Results For Quarter Ended March 31, 2024

U.S. Government Moves To Block Future Coal Mining Leases

Peabody to Announce Results for the Quarter Ended June 30, 2024

Peabody Reports Results For Quarter Ended June 30, 2024

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