CONSOL Energy Inc. (NYSE:CNX) registered a -7.43% decrease, still its new closing price is 152.08% up from the company’s 1 year high of 22.34.It posted -13.17% losses in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 12 stock analysts following this company have an average price target at $22.25, with individual PT in the $18.00-$27.00 range. The shares moved at $16.94, implying that brokerage firms see shares gaining about 102.19% in twelve months time.
CONSOL Energy Inc. (CNX) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -7.08% fall year to date. A 10% Owner at CONSOL Energy Inc. (CNX) offloaded shares in a transaction closed on Wednesday June 01, 2016. EINHORN DAVID sold 7,000,000 shares in the company at $15.01 each and collected $105,070,000 in proceeds. EINHORN DAVID now owns 22,435,655 shares in the company after this transaction. A 10% Owner in the company, EINHORN DAVID, disclosed a transaction on Thursday May 12, 2016 that ended up generating $2,638,000 from the sale of 173,910 shares at $15.17 per share.
CONSOL Energy Inc. (NYSE:CNX) Upcoming Results on Tap
CONSOL Energy Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.09 in that period. Sales during the quarter are predicted to arrive at $653.37 million.
Earnings surprise history: Last quarter, the company posted approximately $745.58 million in revenue and EPS of $-0.15. The mean forecast was for $558.08 million and $-0.12 a share, respectively. One quarter earlier, revenue for the stock was at $285.8 million, with earnings at $-0.21/share.
CONSOL Energy Inc. (CNX) Brokerage Update
CONSOL Energy Inc. (CNX) is in Stifel’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Stifel, according to news reported on Monday January 30, 2017.Another important research note was issued by KLR Group on Wednesday December 07, 2016.The firm upgraded CNX to Buy from Accumulate. Over the last six months and over the last three months, the shares of CONSOL Energy Inc. (CNX), have changed -8.53% and 0.59%, respectively.