Today’s Stock Alert: Is Buying 52-Week Stock Like Cloud Peak Energy Inc. a Winning Strategy?

Today's Stock Alert: Is Buying 52 Week Stock Like Cloud Peak Energy Inc. a Winning Strategy?

The stock of Cloud Peak Energy Inc. (NYSE:CLD) hit a new 52-week high and has $18.45 target or 180.00% above today’s $6.59 share price. The 7 months bullish chart indicates low risk for the $415.10M company. The 1-year high was reported on Nov, 1 by Barchart.com. If the $18.45 price target is reached, the company will be worth $747.18 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 1.21 million shares traded hands. Cloud Peak Energy Inc. (NYSE:CLD) has risen 214.29% since March 30, 2016 and is uptrending. It has outperformed by 211.27% the S&P500.

Cloud Peak Energy Inc. (NYSE:CLD) Ratings Coverage

Out of 8 analysts covering Cloud Peak Energy (NYSE:CLD), 2 rate it a “Buy”, 3 “Sell”, while 3 “Hold”. This means 25% are positive. $8.50 is the highest target while $1.25 is the lowest. The $4.28 average target is -35.05% below today’s ($6.59) stock price. Cloud Peak Energy has been the topic of 13 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The rating was downgraded by Barclays Capital to “Underweight” on Tuesday, January 12. The stock of Cloud Peak Energy Inc. (NYSE:CLD) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, October 6. FBR Capital maintained Cloud Peak Energy Inc. (NYSE:CLD) on Thursday, October 13 with “Underperform” rating. Cowen & Co maintained the stock with “Outperform” rating in Thursday, July 30 report. The rating was maintained by BMO Capital Markets with “Market Perform” on Wednesday, October 28. FBR Capital downgraded Cloud Peak Energy Inc. (NYSE:CLD) rating on Friday, April 29. FBR Capital has “Underperform” rating and $1.25 price target. The firm earned “Market Perform” rating on Thursday, February 4 by FBR Capital. The firm earned “Equal-Weight” rating on Monday, October 5 by Barclays Capital. The rating was initiated by FBR Capital with “Underperform” on Friday, September 18. On Friday, October 28 the stock rating was maintained by Stifel Nicolaus with “Buy”.

According to Zacks Investment Research, “Cloud Peak Energy operates as a producer of low sulfur, high quality, sub-bituminous coal in the United States. It owns and operates three surface coal mines in the Powder River Basin named: Antelope, Cordero Rojo and the Spring Creek Mine. The Antelope Mine and Cordero Rojo Mine are located in Wyoming and the Spring Creek Mine is located near Decker, Montana. The company is headquartered in Gillette, Wyoming.”

Insitutional Activity: The institutional sentiment decreased to 0.49 in Q2 2016. Its down 0.48, from 0.97 in 2016Q1. The ratio turned negative, as 27 funds sold all Cloud Peak Energy Inc. shares owned while 45 reduced positions. 9 funds bought stakes while 26 increased positions. They now own 45.92 million shares or 11.90% less from 52.12 million shares in 2016Q1.
Brandes Investment Partners Ltd Partnership last reported 0% of its portfolio in the stock. The Missouri-based First Heartland Consultants has invested 0.03% in Cloud Peak Energy Inc. (NYSE:CLD). Royal Financial Bank Of Canada reported 8,000 shares or 0% of all its holdings. Moreover, Guggenheim Cap Limited Liability has 0% invested in Cloud Peak Energy Inc. (NYSE:CLD) for 485,049 shares. The Louisiana-based Louisiana State Employees Retirement has invested 0% in Cloud Peak Energy Inc. (NYSE:CLD). Commercial Bank Of America Corporation De, a North Carolina-based fund reported 547,937 shares. Moreover, Alpine Prtnrs Vi Limited Liability Corporation has 0.04% invested in Cloud Peak Energy Inc. (NYSE:CLD) for 44,469 shares. Stephens Ar accumulated 76,971 shares or 0.01% of the stock. State Of New Jersey Common Pension Fund D has invested 0% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD). Ladenburg Thalmann Fin last reported 5,782 shares in the company. Cubist Systematic Strategies Llc reported 99,374 shares or 0.01% of all its holdings. Adirondack Trust, a New York-based fund reported 175 shares. Capstone Asset Management last reported 65,890 shares in the company. Mizuho & Bk has invested 0% of its portfolio in Cloud Peak Energy Inc. (NYSE:CLD). Prudential Fincl last reported 0% of its portfolio in the stock.

More notable recent Cloud Peak Energy Inc. (NYSE:CLD) news were published by: Fool.com which released: “Cloud Peak Energy Inc. Stock Jumps on Credit-Rating Upgrade” on October 18, 2016, also Seekingalpha.com with their article: “Cloud Peak Energy +12% after unexpected Q3 profit” published on October 28, 2016, Businesswire.com published: “Cloud Peak Energy Resources Commences Exchange Offers” on September 12, 2016. More interesting news about Cloud Peak Energy Inc. (NYSE:CLD) were released by: Nasdaq.com and their article: “What’s Ahead for Cloud Peak Energy (CLD) in Q3 Earnings?” published on October 24, 2016 as well as Businesswire.com‘s news article titled: “Cloud Peak Energy Inc. Announces Schedule for Third Quarter and First Nine …” with publication date: October 13, 2016.

CLD Company Profile

Cloud Peak Energy Inc., incorporated on July 31, 2008, is a producer of coal in the United States and the Powder River basin (PRB). The Firm owns and operates three surface coal mines: the Antelope Mine, the Cordero Rojo Mine, and the Spring Creek Mine. The Firm operates through two divisions: Owned and Operated Mines segment, and Logistics and Related Activities. The Company’s Owned and Operated Mines segment is characterized by its focus on thermal coal production. The Company’s Owned and Operated Mines segment includes the Company’s Antelope Mine, Cordero Rojo Mine, and Spring Creek Mine. The Firm focuses on domestic electric utilities and its mines utilize surface mining extraction processes, and are located in the PRB. The Company’s Logistics and Related Activities segment is characterized by the services the Company provides to its international and domestic customers. The services provided by the Company include the purchase of coal from third parties or from its owned and operated mines, at market prices, as well as the contracting and coordination of the transportation, and other handling services from third-party operators, which are rail and terminal companies.

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