Director Bailey Keith E acquired 10,700 shares in Cloud Peak Energy Inc. (NYSE:CLD) for $70,714 in transaction occurred on 2014/12/11. After making this transaction, the Director owns a direct stake of 99,831 shares, worth $24,043, as per the last closing price. On 2014/11/24 Condon Patrick J., Director at CLD, purchased 805 shares at an average price of $12.39 per share. The new stake is valued at $5,653.
Separately, it had been reported that some other CLD insiders also took part of the insider trading activity. Director, Bailey Keith E had invested in 20,000 shares for $60,014 through a trade on 2014/11/21. Following this activity, the insider holds 254,000 shares worth $20,405 as of recent close. Wall Street’s most bullish Cloud Peak Energy Inc. (NYSE:CLD) analysts are predicting the share price to blow past $2.25 per share during the next 12 months. The current median share price forecast by them is $0.9, suggesting that the stock could increase 164.71% in that time frame. The average price target of $1.15 calls for a nearly 238.24% increase in the stock price.
Cloud Peak Energy Inc. (CLD) trading activity significantly improved as the volume at ready counter increased to 5,863,847 shares versus 4,106,960 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 7,623,800 shares. The share price dropped -2.3% in recent trade and currently has a stock-market value of $26.11M. The shares finished at $0.34, after trading as low as $0.3129 earlier in the session. It hit an intraday high Friday at $0.35. The stock is now 36% above against its bear-market low of $0.25 on January 03, 2019. It has retreated -1576.47% since it’s 52-week high of $5.7 reached in January. Now the market price is down -93.49% on the year and down -8.24% YTD.
CLD’s 50 day simple moving average (SMA 50) price is $0.89 and its 200-day simple moving average (SMA 200) price is $2.41. The company’s stock currently has a total float of 75.12M shares. Its weekly volatility is hovering around 18.54% and felt 20.68% volatility in price over a month. On the upside, the share price will test short term resistance at around $0.36. On a downside, the stock is likely to find some support, which begins at $0.32. The failure to get near-term support could push it to $0.29.
It had seen a negative analyst call from Clarksons Platou, which downgraded the stock from Neutral to Sell on July 24. Analysts at JP Morgan, shed their positive views on March 29 by lowering it fromNeutral to Underweight. Brokerage firm Stifel, looks cautious as they stick to prior recommendation of Buy, in a call on February 20. However, they did change the target price from $7 to $6.
Also, it is trading at rather inexpensive levels at just over 0.03x price/book and 0.03x price/sales. Compared to others, Cloud Peak Energy Inc. is in a different league with regards to profitability, having net margins of -0.8%. To put some perspective around this, the industry’s average net margin is 16.64%. CLD’s ROE is -0.7%, which is also considerably worse than the industry’s ROE of 23.55%. It’s also very liquid in the near term, with a current ratio of 2. The stock has a debt/capital of 0.41.
Shares of Cloud Peak Energy Inc. (CLD) have dropped -83.8% since the recent earnings report. Over the past 12 fiscal quarters, Cloud Peak Energy Inc. (NYSE:CLD) has topped consensus earnings estimates in 6 quarters (50%), missed earnings in 5 quarters (41%), whereas at 1 occasion EPS met analyst expectations. CLD last reported earnings on October 25, 2018 when it released Sep-18 results that exceeded expectations. The company raked in $0.16 per share, -100.04% change on the same period last year. That was better than consensus for -$0.05. Revenue for the recent quarter stood at $233.08 million, down -6% on last year and below the $253.22 million predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $896.45 million to $1 billion, which should be compared with $877.61 million generated last year.