ConturaEnergyInc . (NASDAQ:CTRA) has received a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that cover the stock, Zacks Investment Research reports. Three investment analysts have rated the stock with a strong buy recommendation.
Brokers have set a one year consensus price target of $73.67 for the company and are predicting that the company will post $1.33 EPS for the current quarter, according to Zacks. Zacks has also given ConturaEnergyInc . an industry rank of 225 out of 256 based on the ratings given to its competitors.
Several research analysts recently issued reports on CTRA shares. B. Riley set a $59.00 price target on shares of ConturaEnergyInc . and gave the stock a “buy” rating in a research report on Thursday, August 22nd. TheStreet downgraded shares of ConturaEnergyInc . from a “c-” rating to a “d+” rating in a research report on Thursday, August 1st. Finally, Zacks Investment Research downgraded shares of ConturaEnergyInc . from a “hold” rating to a “strong sell” rating in a research report on Monday, August 19th.
ConturaEnergyInc . (NASDAQ:CTRA) last issued its quarterly earnings results on Wednesday, August 14th. The company reported $1.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.58 by ($0.33). The company had revenue of $656.20 million for the quarter, compared to analyst estimates of $603.70 million. The business’s quarterly revenue was up 24.1% on a year-over-year basis.
In other ConturaEnergyInc . news, COO James Scott Kreutzer sold 1,150 shares of the company’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $51.71, for a total transaction of $59,466.50. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Kevin Lee Stanley sold 1,987 shares of the company’s stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $53.52, for a total transaction of $106,344.24. The disclosure for this sale can be found here. In the last quarter, insiders have sold 27,209 shares of company stock worth $1,073,379.
A number of institutional investors have recently added to or reduced their stakes in CTRA. Royce & Associates LP increased its stake in shares of ConturaEnergyInc . by 48.8% in the 1st quarter. Royce & Associates LP now owns 680 shares of the company’s stock valued at $39,000 after acquiring an additional 223 shares during the last quarter. Cubist Systematic Strategies LLC bought a new stake in shares of ConturaEnergyInc . in the 2nd quarter valued at about $54,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in shares of ConturaEnergyInc . in the 2nd quarter valued at about $65,000. BNP Paribas Arbitrage SA bought a new stake in shares of ConturaEnergyInc . in the 2nd quarter valued at about $70,000. Finally, Bank of Montreal Can bought a new stake in shares of ConturaEnergyInc . in the 2nd quarter valued at about $82,000.
ConturaEnergyInc . Company Profile
Contura Energy, Inc extracts, processes, and markets steam and metallurgical coal to electric utilities, steel and coke producers, and industrial customers in the United States and internationally. The company operates in three segments: Central Appalachia Operations, Northern Appalachia Operations, and Trading and Logistics.
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