|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||78.47 - 80.83|
|52 Week Range||60.13 - 102.61|
|PE Ratio (TTM)||8.19|
|Earnings Date||Jul 25, 2018 - Jul 30, 2018|
|Forward Dividend & Yield||1.60 (2.00%)|
|1y Target Est||103.13|
For Peter Andersen, a money manager who focuses on debt to get insight into equities, companies out of bankruptcy come with significantly cleaned-up balance sheets, and their newly issued equity represents potentially contrarian investment opportunities, thanks to investor apathy. This investment theme has led Andersen, who founded and runs money manager Andersen Capital Management, to Arch Coal (ARCH). The coal producer exited bankruptcy in October 2016 and effectively has no debt, with the bankruptcy clearing about $5 billion in liabilities from its balance sheet.
ST. LOUIS , May 18, 2018 /PRNewswire/ -- Arch Coal, Inc. announced today the names of eight graduating high school seniors who are the 2018 Arch Coal Scholars Program recipients. Each student will receive ...
In April, Genesee & Wyoming’s (GWR) Australian railcar traffic fell 8.1% YoY (year-over-year). The company hauled ~61,000 carloads in that month compared to a little less than 55,400 railcars in April 2017.
Genesee & Wyoming (GWR) receives between 60% to 65% of total revenues from its North American operations. The railroad’s North American railcar traffic expanded 4.9% YoY (year-over-year) on a same-railroad basis in April. New railroads added 518 carloads to North American volumes that month.
Genesee & Wyoming (GWR) released its railcar traffic data for April 2018 on May 14. The company has operations in three regions: North America, UK/Europe, and Australia. In April, the company’s same-railroad freight traffic in these regions was ~269,600 carloads, up 3.6% YoY (year-over-year) from ~260,200. On a reported volume basis, GWR’s railcar volume was down 3.7% in April this year.
Calgary-headquartered Canadian Pacific Railway’s (CP) carload traffic, excluding intermodal, grew 9.7% YoY (year-over-year) in Week 18, to ~35,600 units from ~32,500. CP’s carload traffic growth outpaced rival Canadian National Railway’s (CNI) carload growth of 5.8% in Week 18, as well as US and Canadian railroads’.
In Week 18 of this year, Kansas City Southern’s (KSU) carload traffic rose 3.7% YoY (year-over-year) to ~24,000 units from ~23,200. The US-Mexico railway’s freight volume growth has fluctuated recently. In comparison, US railroads’ (IYT) gained 6.4% in Week 18.
In the week ended May 5, Berkshire Hathaway–owned BNSF Railway’s (BRK.B) carload volumes grew by double digits, by 10.7% YoY (year-over-year) to ~98,100 railcars from ~88,600, doubling the growth seen by competitor Union Pacific (UNP). The latter’s carloads grew 5.2% in Week 18, while US rail carriers’ (IYT) grew 6.4%.
Live webcast available ST. LOUIS , May 14, 2018 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ARCH) today announced that its chief executive officer, John W. Eaves , will speak at the Bank of America Merrill ...
NEW YORK, May 07, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Arch ...
U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry. Ramaco Resources, which produces coal for steel mills, and Consol Energy, which supplies coal to larger power plants, have ramped up investments even as the industry shrinks. President Donald Trump has promised to revive the coal sector by stripping away burdensome regulation.
Eastern US rail carrier Norfolk Southern‘s (NSC) carload traffic rose 4.6% YoY (year-over-year) in Week 16. Excluding intermodal, the company’s rail traffic rose YoY from ~68,600 units to ~71,700.
In the week ended April 21, or Week 16, Berkshire Hathaway–owned BNSF Railway’s (BRK.B) carload volumes rose 10.6% YoY (year-over-year) to ~99,500 railcars from ~90,000. In comparison, rival Union Pacific’s (UNP) carload volumes rose 0.6% YoY. BNSF more than tripled US railroads’ (IYJ) carload volume expansion of 3.5% that week.
In December 2017, Arch Coal Inc (NYSE:ARCH) released its most recent earnings announcement, which confirmed that the company benefited from a major tailwind, more than doubling its earnings from theRead More...
NEW YORK, NY / ACCESSWIRE / April 26, 2018 / Arch Coal Inc Class A (NYSE: ARCH ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 26, 2018 at 10:00 AM Eastern Time. ...
On a per-share basis, the St. Louis-based company said it had profit of $2.74. Earnings, adjusted for one-time gains and costs, were $2.95 per share. The results did not meet Wall Street expectations. ...
ST. LOUIS , April 26, 2018 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ARCH) today reported net income of $60.0 million , or $2.74 per diluted share, in the first quarter of 2018, compared with net income of ...
Analysts polled by Thomson Reuters have estimated revenue of $2.8 billion for CSX (CSX) in 1Q18. Compared to the railroad company’s ~$2.9 billion revenue in the same quarter of 2017, analysts’ estimate reflects a 2.6% fall YoY (year-over-year), suggesting that analysts have factored volume losses and competitive losses into the company’s 1Q18. For 2018, analysts expect CSX to register $11.5 billion in revenue, reflecting a 1.2% rise on a yearly basis.
ST. LOUIS, April 11, 2018 /PRNewswire/ -- Arch Coal, Inc. (ARCH) will discuss its first quarter 2018 financial results in an investor conference call that will be broadcast live on Thursday, April 26 at 10:00 a.m. Eastern time. For participants calling from an overseas location, please dial (719) 457-2619. The call will also be webcast and will be accessible via the "investor" section of the Arch Coal website at http://investor.archcoal.com.
The Zacks Analyst Blog Highlights: Triumph Bancorp, Century Aluminum, Boise Cascade, Arch Coal and Oasis Midstream