Peabody Energy (BTU): S&P Intraday Laggard

NEW YORK ( TheStreet) -- Peabody Energy ( BTU), the coal producer, was the worst-performing stock in the S&P 500 on Tuesday morning.

The S&P 500 was down 6.43 points, or 0.46%, to 1,403.32.

Share of Peabody fell 5.08% to $31.74. Mining rival BHP Billiton ( BHP) said it anticipates slower demand from China, an announcement that hurt mining company stocks Tuesday. Higher fuel prices were denting stocks in the energy sector.

Peabody Energy has an estimated price-to-earnings ratio for next year of 7.24 times; the average for coal companies is 12.82 times. For comparison, Consol Energy ( CNX) and Walter Energy ( WLT) both have higher forward P/Es of 11.75 and 8.38, respectively.

Twenty-three of the 29 analysts who cover Peabody Energy rated it buy. Five analysts gave the stock a hold rating and one rated it sell.

TheStreet Ratings gives Peabody Energy a C+ grade and a hold rating. The stock has fallen 4.38% year to date.

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-- Written by Alexandra Zendrian

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