Why Cloud Peak Energy (CLD) Stock Is Down Today

NEW YORK (TheStreet) -- Cloud Peak Energy (CLD) was falling -8% to $14.46 Tuesday after lowering its full year 2014 coal shipment and adjusted EBITDA guidance.

The company said it now expects coal shipments of between 83 million and 86 million tons from its three owned and operated mines, down from its previous guidance of 85 million to 89 million tons for the year.

Cloud Peak Energy expects to report and adjusted EBITDA of $170 to $200 million for the full year, down from $180 million to $210 million. Preliminary estimates for adjusted EBITDA for 2015 could be about $120 million if coal prices remain low, the company said.

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TheStreet Ratings team rates CLOUD PEAK ENERGY INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate CLOUD PEAK ENERGY INC (CLD) a HOLD. The primary factors that have impacted our rating are mixed ? some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income."

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