ConturaEnergyInc . (NASDAQ:CTRA) – Research analysts at B. Riley upped their Q2 2019 EPS estimates for shares of ConturaEnergyInc . in a report issued on Monday, May 6th. B. Riley analyst L. Pipes now forecasts that the company will post earnings of $4.88 per share for the quarter, up from their previous estimate of $4.79. B. Riley also issued estimates for ConturaEnergyInc .’s Q3 2019 earnings at $5.33 EPS, Q4 2019 earnings at $4.78 EPS, Q1 2020 earnings at $4.03 EPS, Q2 2020 earnings at $4.06 EPS, Q3 2020 earnings at $4.08 EPS, Q4 2020 earnings at $4.10 EPS and FY2020 earnings at $16.28 EPS.
CTRA has been the topic of several other research reports. Zacks Investment Research cut shares of ConturaEnergyInc . from a “hold” rating to a “sell” rating in a research report on Wednesday, March 27th. Seaport Global Securities initiated coverage on shares of ConturaEnergyInc . in a research report on Friday, May 3rd. They set a “buy” rating and a $78.00 target price on the stock.
ConturaEnergyInc . stock opened at $59.34 on Wednesday. ConturaEnergyInc . has a 52 week low of $53.22 and a 52 week high of $81.00.
ConturaEnergyInc . (NASDAQ:CTRA) last announced its quarterly earnings results on Monday, April 1st. The company reported $9.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.30 by $5.55. The business had revenue of $572.08 million during the quarter, compared to the consensus estimate of $549.90 million. During the same period in the previous year, the business posted $10.83 EPS. ConturaEnergyInc .’s revenue was up 62.2% compared to the same quarter last year.
In related news, Director Daniel J. Geiger sold 2,000 shares of ConturaEnergyInc . stock in a transaction that occurred on Friday, February 15th. The shares were sold at an average price of $61.98, for a total value of $123,960.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO James Scott Kreutzer sold 2,881 shares of ConturaEnergyInc . stock in a transaction that occurred on Friday, February 8th. The stock was sold at an average price of $61.75, for a total transaction of $177,901.75. The disclosure for this sale can be found here. In the last three months, insiders have sold 197,030 shares of company stock worth $11,299,045.
Institutional investors have recently added to or reduced their stakes in the stock. Royce & Associates LP purchased a new position in ConturaEnergyInc . in the 4th quarter valued at approximately $30,000. O Shaughnessy Asset Management LLC purchased a new position in ConturaEnergyInc . in the 4th quarter valued at approximately $240,000. Honeywell International Inc. purchased a new position in ConturaEnergyInc . in the 4th quarter valued at approximately $282,000. California Public Employees Retirement System purchased a new position in ConturaEnergyInc . in the 4th quarter valued at approximately $295,000. Finally, Partnervest Advisory Services LLC purchased a new position in ConturaEnergyInc . in the 4th quarter valued at approximately $299,000.
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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