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ARCH

Arch Coal

$78.98

-0.1 (-0.13%)

06:37
10/22/19
10/22
06:37
10/22/19
06:37

Arch Coal reports Q3 EPS $6.34, consensus $3.39

Reports Q3 revenue $619.47M, consensus $566.38M. "During the quarter, Arch again exhibited operational excellence and generated strong cash flows across its operating platform despite a pull-back in coking coal prices," said John Eaves, Arch's CEO. "Our core Metallurgical segment turned in an excellent cost performance, overcoming elevated costs in the final longwall panel at the Mountain Laurel mine, and our legacy thermal segments generated five times more cash than they expended in capital. In addition, we made significant progress on our ongoing capital return program, investing $91.4 million to buy back nearly 1.2 million shares, bringing total repurchases since May 2017 to nearly 10 million shares, or approximately 40 percent of initial shares outstanding."

  • 22

    Oct

ARCH Arch Coal
$78.98

-0.1 (-0.13%)

08/06/19
JEFF
08/06/19
DOWNGRADE
Target $80
JEFF
Hold
Arch Coal downgraded to Hold from Buy at Jefferies
Jefferies analyst Christopher Lafemina downgraded Arch Coal to Hold from Buy and lowered his price target for the shares to $80 from $115. A number of negative catalysts have emerged for miners, including the escalation of trade wars, devaluation of the yuan and tightening measures in the Chinese property market, Lafemina tells investors in a research note. Most miners have been relying on capital returns to attract investors, prioritizing dividends and share buy backs over new investments, says the analyst. However, he now expects declining earnings and free cash flow to drive declining capital returns, thereby removing a source of support for the stocks.
08/06/19
08/06/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Chemours (CC) downgraded to Hold from Buy at Argus with analyst David Coleman citing its Q2 earnings miss and lowered FY19 guidance driven by lower volume in its Titanium Technologies business. 2. Trex Company (TREX) downgraded to Neutral from Buy at Sidoti with analyst Frank Camma citing valuation. 3. RE/MAX Holdings (RMAX) downgraded to Neutral from Buy at Compass Point. 4. Rio Tinto (RIO), BHP Group (BHP), Arch Coal (ARCH), Consol Coal (CCR), and Warrior Met Coal (HCC) downgraded to Hold from Buy at Jefferies. 5. nVent Electric (NVT) downgraded to Neutral from Buy at Buckingham with analyst Robert Barry saying he now sees only low-single to high-single digit EPS growth in the second half of 2019 and in 2020 and has less confidence there's a growth recovery or a margin improvement story in Thermal. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/05/19
BMOC
09/05/19
UPGRADE
Target $100
BMOC
Outperform
Arch Coal upgraded to Outperform from Market Perform at BMO Capital
BMO Capital analyst David Gagliano upgraded Arch Coal to Outperform from Market Perform while lowering his price target for the shares to $100 from $105. With met coal prices down nearly 30% since May, and Arch shares responding accordingly, the stock's forward risk/reward has "improved significantly," Gagliano tells investors in a research note. The analyst sees a number of potential positive company-specific catalysts ahead for Arch, including the continuation of share buybacks and the company's ""underappreciated" Leer Mine productivity gains.
09/05/19
BMOC
09/05/19
DOWNGRADE
Target $30
BMOC
Market Perform
Steel Dynamics downgraded to Market Perform from Outperform at BMO Capital
BMO Capital analyst David Gagliano downgraded Steel Dynamics (STLD) to Market Perform from Outperform and lowered his price target for the shares to $30 from $40. The analyst, who still believes shares are undervalued on longer-term fair value estimates, finds the stock's risk/reward more balanced in the near term. There is more downside risk versus upside potential to underlying spot prices into year end, and Steel Dynamics' near-term company-specific catalysts are limited, Gagliano tells investors in a research note. He believes the company, between now and 2022, is more exposed to near-term spot steel pricing volatility. Gagliano coupled the downgrade of Steel Dynamics with an upgrade of Arch Coal (ARCH) to Outperform from Market Perform.

TODAY'S FREE FLY STORIES

INFO

IHS Markit

$69.12

0.22 (0.32%)

15:55
11/12/19
11/12
15:55
11/12/19
15:55
Conference/Events
IHS Markit to host conference call »

Conference call to…

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  • 12

    Nov

CUE

Cue Biopharma

$9.16

0.16 (1.78%)

15:55
11/12/19
11/12
15:55
11/12/19
15:55
Conference/Events
Cue Biopharma to host conference call »

Conference call to…

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  • 12

    Nov

DPLO

Diplomat Pharmacy

$3.03

-3.17 (-51.13%)

15:54
11/12/19
11/12
15:54
11/12/19
15:54
Recommendations
Diplomat Pharmacy analyst commentary  »

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  • 12

    Nov

CLNY

Colony Capital

$4.99

-0.055 (-1.09%)

15:49
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11/12
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15:49
Hot Stocks
Digital Colony acquires Beanfield Technologies, terms not disclosed »

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  • 12

    Nov

  • 10

    Dec

15:43
11/12/19
11/12
15:43
11/12/19
15:43
Conference/Events
Morgan Stanley analyst to hold an analyst/industry conference call »

Managing Director &…

ET

Energy Transfer LP

$11.80

-0.18 (-1.50%)

15:38
11/12/19
11/12
15:38
11/12/19
15:38
Periodicals
FBI opens corruption probe of approval for Mariner East pipelines, AP says »

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TWOU

2U

$22.27

0.46 (2.11%)

15:34
11/12/19
11/12
15:34
11/12/19
15:34
Options
2U options imply 21.4% move in share price post-earnings »

Pre-earnings options…

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  • 12

    Nov

AXAS

Abraxas Petroleum

$0.31

-0.0309 (-9.18%)

15:33
11/12/19
11/12
15:33
11/12/19
15:33
Hot Stocks
Abraxas Petroleum cancels Q3 earnings call scheduled for this afternoon »

Abraxas Petroleum…

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  • 12

    Nov

15:25
11/12/19
11/12
15:25
11/12/19
15:25
General news
Treasury Market Summary »

Treasury Market Summary:…

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$308.45

0.06 (0.02%)

15:20
11/12/19
11/12
15:20
11/12/19
15:20
Periodicals
POTUS advisers exploring 15% tax rate proposal for middle class, WP says »

U.S. President Donald…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$308.45

0.06 (0.02%)

03/08/13
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HUYA

Huya

$24.33

-1 (-3.95%)

15:19
11/12/19
11/12
15:19
11/12/19
15:19
Options
HUYA options imply 14.0% move in share price post-earnings »

Pre-earnings options…

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  • 12

    Nov

  • 09

    Dec

SPY

SPDR S&P 500 ETF Trust

$308.49

0.1 (0.03%)

, SPX

S&P 500

$0.00

(0.00%)

15:18
11/12/19
11/12
15:18
11/12/19
15:18
General news
Kudlow says in 'very preliminary stages' of talks on possible tax cut proposal »

Larry Kudlow, Director of…

SPY

SPDR S&P 500 ETF Trust

$308.49

0.1 (0.03%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
Citigroup
03/06/13
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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

15:17
11/12/19
11/12
15:17
11/12/19
15:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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$NYE

NYSE Market Internals

$0.00

(0.00%)

15:16
11/12/19
11/12
15:16
11/12/19
15:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

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DASTY

Dassault Systemes

$0.00

(0.00%)

15:14
11/12/19
11/12
15:14
11/12/19
15:14
Conference/Events
Dassault Systemes to hold a meeting »

Life Sciences Day to be…

03/08/13
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  • 13

    Nov

SYNA

Synaptics

$58.80

0.19 (0.32%)

15:13
11/12/19
11/12
15:13
11/12/19
15:13
Conference/Events
Synaptics management to meet with KeyBanc »

Meeting to be held in New…

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  • 12

    Nov

  • 13

    Nov

SPY

SPDR S&P 500 ETF Trust

$308.41

0.02 (0.01%)

, SPX

S&P 500

$0.00

(0.00%)

15:11
11/12/19
11/12
15:11
11/12/19
15:11
General news
Kudlow says no tariff adjustments will be made unless there is trade deal »

Larry Kudlow, Director of…

SPY

SPDR S&P 500 ETF Trust

$308.41

0.02 (0.01%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
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03/08/13
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03/06/13
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AAPL

Apple

$261.59

-0.57 (-0.22%)

15:10
11/12/19
11/12
15:10
11/12/19
15:10
Periodicals
Ex-HBO chief Plepler in talks to create original content for Apple TV+, WSJ says »

According to the Wall…

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SPY

SPDR S&P 500 ETF Trust

$308.41

0.02 (0.01%)

, SPX

S&P 500

$0.00

(0.00%)

15:08
11/12/19
11/12
15:08
11/12/19
15:08
General news
Kudlow says President's key point was trade deal must be a 'good deal' for U.S. »

Economic adviser Larry…

SPY

SPDR S&P 500 ETF Trust

$308.41

0.02 (0.01%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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SDC

SmileDirectClub

$11.12

-0.73 (-6.16%)

15:04
11/12/19
11/12
15:04
11/12/19
15:04
Options
SmileDirectClub options imply 23.6% move in share price post-earnings »

Pre-earnings options…

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  • 12

    Nov

KEM

Kemet

$25.94

2.91 (12.64%)

15:02
11/12/19
11/12
15:02
11/12/19
15:02
Downgrade
Kemet rating change  »

Kemet downgraded to Hold…

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03/08/13
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03/06/13
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  • 12

    Nov

TSLA

Tesla

$346.80

1.73 (0.50%)

14:55
11/12/19
11/12
14:55
11/12/19
14:55
Periodicals
Tesla CEO Musk says to build EU Gigafactory in 'Berlin area,' Bloomberg reports »

Bloomberg cites comments…

03/08/13
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PCG

PG&E

$6.78

0.54 (8.65%)

14:54
11/12/19
11/12
14:54
11/12/19
14:54
Hot Stocks
PG&E announces extended deadline for filing fire claims in chapter 11 cases »

PG&E Corporation and…

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  • 12

    Nov

  • 07

    Jan

AZUL

Azul

$35.23

-1.32 (-3.61%)

, EADSY

Airbus

$0.00

(0.00%)

14:52
11/12/19
11/12
14:52
11/12/19
14:52
Hot Stocks
Azul receives first Airbus A321neo in Brazil »

Azul (AZUL) received the…

AZUL

Azul

$35.23

-1.32 (-3.61%)

EADSY

Airbus

$0.00

(0.00%)

03/08/13
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TKAMY

ThyssenKrupp

$0.00

(0.00%)

, BX

Blackstone

$51.89

-0.01 (-0.02%)

14:49
11/12/19
11/12
14:49
11/12/19
14:49
Periodicals
3G Capital among suitors for ThyssenKrupp's elevator unit, Bloomberg says »

Brazilian-American…

TKAMY

ThyssenKrupp

$0.00

(0.00%)

BX

Blackstone

$51.89

-0.01 (-0.02%)

CG

Carlyle Group

$27.74

0.24 (0.87%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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