Several other research firms have also commented on CEIX. Zacks Investment Research lowered shares of Consol Energy from a strong-buy rating to a hold rating in a report on Tuesday, November 6th. B. Riley raised their target price on shares of Consol Energy from $49.00 to $50.00 and gave the company a buy rating in a report on Monday, November 5th. Finally, ValuEngine raised shares of Consol Energy from a sell rating to a hold rating in a report on Monday, February 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of Hold and an average price target of $46.75.
CEIX stock opened at $33.23 on Friday. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.12 and a current ratio of 1.26. Consol Energy has a 12 month low of $26.62 and a 12 month high of $48.12. The stock has a market capitalization of $923.06 million, a price-to-earnings ratio of 6.18 and a beta of 0.96.
Institutional investors have recently made changes to their positions in the stock. Strs Ohio grew its stake in shares of Consol Energy by 3.6% in the 4th quarter. Strs Ohio now owns 23,200 shares of the company’s stock worth $735,000 after acquiring an additional 800 shares in the last quarter. Texas Permanent School Fund increased its stake in Consol Energy by 8.2% in the third quarter. Texas Permanent School Fund now owns 17,620 shares of the company’s stock valued at $719,000 after acquiring an additional 1,339 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Consol Energy by 25.3% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,685 shares of the company’s stock valued at $273,000 after acquiring an additional 1,349 shares during the period. Thrivent Financial for Lutherans increased its stake in Consol Energy by 11.9% in the third quarter. Thrivent Financial for Lutherans now owns 19,362 shares of the company’s stock valued at $790,000 after acquiring an additional 2,057 shares during the period. Finally, Arizona State Retirement System grew its stake in Consol Energy by 5.3% during the fourth quarter. Arizona State Retirement System now owns 42,778 shares of the company’s stock worth $1,356,000 after buying an additional 2,156 shares during the last quarter. 83.33% of the stock is currently owned by institutional investors.
About Consol Energy
CONSOL Energy Inc produces and exports bituminous thermal and crossover metallurgical coal. The company owns and operates its mining operations in the Northern Appalachian Basin. Its flagship operation is the Pennsylvania Mining Complex (PAMC), which comprises three underground mines, including Bailey, Enlow Fork, and Harvey.
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