CONSOL Energy Inc. (NYSE:CEIX – Get Rating) insider Kurt R. Salvatori sold 6,995 shares in a trade that took place on Tuesday, April 12. The stock was sold at an average price of $42.04, for a total transaction of $294,069.80. Following the completion of the sale, the insider now directly owns 30,731 shares of the company, valued at $1,291,931.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available via this link.
NYSE:CEIX opened at $48.78 on Friday. CONSOL Energy Inc. has a 12-month low of $8.65 and a 12-month high of $49.39. The company has a quick ratio of 0.73, a current ratio of 0.87 and a debt ratio of 0.88. The company has a 50-day moving average price of $34.10 and a two-hundred-day moving average price of $28.24. The company has a market capitalization of $1.70 billion, a P/E ratio of 56.07 and a beta of 2.37.
CONSOL Energy (NYSE:CEIX – Get Rating) last reported quarterly earnings data on Tuesday, February 8. The company reported earnings per share (EPS) of $0.86 for the quarter, beating analyst consensus estimates of $0.55 by $0.31. CONSOL Energy achieved a return on equity of 13.71% and a net margin of 2.71%. The company posted revenue of $480.63 million for the quarter, compared to $319.70 million expected by analysts. As a group, analysts expect CONSOL Energy Inc. to post earnings per share of 11.73 for the current fiscal year.
A number of hedge funds have recently bought and sold shares of the company. Wells Fargo & Company MN increased its position in CONSOL Energy by 53.2% in the second quarter. Wells Fargo & Company MN now owns 87,130 shares of the company valued at $1,609,000 after purchasing an additional 30,274 shares last quarter. Morgan Stanley increased its stake in CONSOL Energy by 18.2% in the second quarter. Morgan Stanley now owns 237,616 shares of the company worth $4,388,000 after buying 36,524 more shares last quarter. Maryland State Retirement & Pension System acquired a new stake in CONSOL Energy in the third quarter worth approximately $306,000. SG Americas Securities LLC acquired a new stake in CONSOL Energy in the third quarter for a value of approximately $989,000. Finally, Victory Capital Management Inc. acquired a new stake in CONSOL Energy in the third quarter worth approximately $210,000. Hedge funds and other institutional investors own 84.78% of the company’s shares.
A number of stock analysts have recently commented on the stock. TheStreet upgraded CONSOL Energy’s shares from a “d+” rating to a “c” rating in a Tuesday, February 8 research report. Zacks Investment Research upgraded CONSOL Energy from a “hold” rating to a “strong-buy” rating and set a price target of $39.00 for the company in a Thursday, March 10 report.
About CONSOL Energy (Get an assessment)
CONSOL Energy Inc produces and exports bituminous coal to the United States. It operates through PAMC, CONSOL Marine Terminal and Other segments. The Company is engaged in the extraction, preparation and marketing of bituminous coal to supply generators, industrial end users and metallurgical end users; and the provision of coal export terminal services, as well as the development of the Itmann mine and Greenfield reserves.
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