Posted 3/4/2024, 7:41:55 PM
CONSOL Energy Stock Drops Despite Strong Profits and Growth
- CONSOL Energy's (CEIX) stock price has declined 20% recently despite solid fundamentals and profitability (49% ROE)
- High ROE and earnings growth (58% over 5 years) suggest potential for stock price appreciation
- Company is reinvesting profits at high rates of return to drive earnings growth rather than paying dividends
- Analyst forecasts expect CONSOL's future earnings to shrink, though unclear if that factors in industry trends or company specifics
- Stock may be undervalued given high historical growth, lack of distribution to shareholders, and market pessimism