We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Arch Coal (ARCH) Outpaces Stock Market Gains: What You Should Know
Read MoreHide Full Article
In the latest trading session, Arch Coal (ARCH - Free Report) closed at $96.19, marking a +1.57% move from the previous day. This change outpaced the S&P 500's 0.22% gain on the day. At the same time, the Dow added 0.49%, and the tech-heavy Nasdaq lost 0.15%.
Coming into today, shares of the coal producer had gained 1.78% in the past month. In that same time, the Basic Materials sector lost 1.6%, while the S&P 500 lost 0.57%.
Wall Street will be looking for positivity from ARCH as it approaches its next earnings report date. This is expected to be February 12, 2019. On that day, ARCH is projected to report earnings of $3.19 per share, which would represent a year-over-year decline of 22.57%. Meanwhile, our latest consensus estimate is calling for revenue of $555.57 million, down 0.83% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $15.05 per share and revenue of $2.35 billion, which would represent changes of +32.48% and +1.19%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for ARCH. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 30.99% higher. ARCH is holding a Zacks Rank of #1 (Strong Buy) right now.
Investors should also note ARCH's current valuation metrics, including its Forward P/E ratio of 6.29. This represents a discount compared to its industry's average Forward P/E of 11.05.
The Mining - Miscellaneous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 182, putting it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ARCH in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Arch Coal (ARCH) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, Arch Coal (ARCH - Free Report) closed at $96.19, marking a +1.57% move from the previous day. This change outpaced the S&P 500's 0.22% gain on the day. At the same time, the Dow added 0.49%, and the tech-heavy Nasdaq lost 0.15%.
Coming into today, shares of the coal producer had gained 1.78% in the past month. In that same time, the Basic Materials sector lost 1.6%, while the S&P 500 lost 0.57%.
Wall Street will be looking for positivity from ARCH as it approaches its next earnings report date. This is expected to be February 12, 2019. On that day, ARCH is projected to report earnings of $3.19 per share, which would represent a year-over-year decline of 22.57%. Meanwhile, our latest consensus estimate is calling for revenue of $555.57 million, down 0.83% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $15.05 per share and revenue of $2.35 billion, which would represent changes of +32.48% and +1.19%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for ARCH. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 30.99% higher. ARCH is holding a Zacks Rank of #1 (Strong Buy) right now.
Investors should also note ARCH's current valuation metrics, including its Forward P/E ratio of 6.29. This represents a discount compared to its industry's average Forward P/E of 11.05.
The Mining - Miscellaneous industry is part of the Basic Materials sector. This group has a Zacks Industry Rank of 182, putting it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ARCH in the coming trading sessions, be sure to utilize Zacks.com.