On November 6, 2024, Mark Spurbeck, Executive Vice President and Chief Financial Officer of Peabody Energy Corp (BTU, Financial), executed a sale of 10,000 shares of the company. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 65,710 shares of Peabody Energy Corp.
Peabody Energy Corp is a prominent entity in the coal industry, engaged primarily in the mining of thermal coal and metallurgical coal, which serves electricity generation and steelmaking customers respectively. The company operates through several segments, ensuring a diversified portfolio of mining operations across the United States and Australia.
Over the past year, Mark Spurbeck has sold a total of 21,653 shares and has not purchased any shares. This recent transaction continues a trend observed over the past year at Peabody Energy Corp, where there have been no insider buys but 15 insider sells.
Shares of Peabody Energy Corp were trading at $29.52 on the day of the sale. The company has a market cap of approximately $3.613 billion. The price-earnings ratio stands at 7.59, below the industry median of 9.98, indicating a potentially lower valuation relative to peers.
The stock's GF Value is estimated at $22.70, suggesting that with a current price of $29.52, Peabody Energy Corp is modestly overvalued. The price-to-GF-Value ratio is 1.3.
The GF Value is calculated considering historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.
This insider sale might draw attention from investors monitoring insider behaviors as indicators of confidence levels concerning the company's current valuation and future prospects.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
