Core Natural Resources (CNR) to Release Quarterly Earnings on Thursday

Core Natural Resources (NYSE:CNR) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $1.63 per share and revenue of $493.50 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Core Natural Resources Trading Down 1.5 %

Shares of CNR stock opened at $83.86 on Thursday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.38 and a quick ratio of 1.16. The company’s fifty day simple moving average is $136.93 and its two-hundred day simple moving average is $140.17. The stock has a market capitalization of $2.46 billion, a price-to-earnings ratio of 6.16 and a beta of 1.74. Core Natural Resources has a 1 year low of $75.43 and a 1 year high of $134.59.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on CNR shares. StockNews.com began coverage on shares of Core Natural Resources in a report on Thursday, January 30th. They issued a “hold” rating for the company. Jefferies Financial Group raised shares of Core Natural Resources from a “hold” rating to a “buy” rating and cut their price objective for the company from $165.00 to $150.00 in a research report on Monday, January 6th. Piper Sandler raised shares of Core Natural Resources from a “neutral” rating to an “overweight” rating and dropped their target price for the stock from $165.00 to $150.00 in a report on Monday, January 6th. Finally, Benchmark upped their target price on shares of Core Natural Resources from $105.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, November 18th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $158.83.

About Core Natural Resources

Core Natural Resources, Inc, together with its subsidiaries, produces and sells bituminous coal in the United States and internationally. It operates through two segments, Pennsylvania Mining Complex (PAMC) and CONSOL Marine Terminal. The company’s PAMC segment engages in the mining, preparing, and marketing of bituminous coal to power generators, industrial end-users, and metallurgical end-users.