Warrior Met Coal (NYSE:HCC) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Warrior Met Coal (NYSE:HCCGet Free Report) have earned an average recommendation of “Moderate Buy” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $103.00.

Several equities research analysts have recently commented on the company. Citigroup reaffirmed a “buy” rating on shares of Warrior Met Coal in a report on Wednesday, June 10th. Zacks Research raised Warrior Met Coal from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, June 29th. Weiss Ratings downgraded Warrior Met Coal from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 30th. B. Riley Financial upped their price objective on shares of Warrior Met Coal from $117.00 to $123.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Finally, UBS Group decreased their target price on shares of Warrior Met Coal from $102.00 to $100.00 and set a “buy” rating for the company in a report on Tuesday, June 30th.

Get Our Latest Stock Report on HCC

Insider Activity at Warrior Met Coal

In related news, insider Kelli K. Gant sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $110.00, for a total value of $2,200,000.00. Following the completion of the sale, the insider owned 67,775 shares in the company, valued at approximately $7,455,250. This represents a 22.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.10% of the company’s stock.

Institutional Trading of Warrior Met Coal

Several large investors have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new stake in shares of Warrior Met Coal in the fourth quarter worth $31,000. Parallel Advisors LLC grew its holdings in shares of Warrior Met Coal by 272.1% during the fourth quarter. Parallel Advisors LLC now owns 413 shares of the company’s stock valued at $36,000 after buying an additional 302 shares in the last quarter. IFP Advisors Inc acquired a new position in Warrior Met Coal during the fourth quarter valued at $37,000. EverSource Wealth Advisors LLC raised its position in Warrior Met Coal by 217.2% during the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock valued at $31,000 after buying an additional 467 shares during the period. Finally, Bayforest Capital Ltd purchased a new stake in Warrior Met Coal in the 4th quarter worth about $63,000. 92.28% of the stock is owned by institutional investors and hedge funds.

Warrior Met Coal Price Performance

Warrior Met Coal stock traded down $3.79 during mid-day trading on Tuesday, hitting $77.44. The company’s stock had a trading volume of 170,527 shares, compared to its average volume of 909,554. The stock has a market capitalization of $4.09 billion, a P/E ratio of 29.57 and a beta of 0.65. Warrior Met Coal has a twelve month low of $47.88 and a twelve month high of $110.39. The stock’s fifty day moving average price is $90.08 and its two-hundred day moving average price is $89.86. The company has a quick ratio of 2.42, a current ratio of 3.48 and a debt-to-equity ratio of 0.11.

Warrior Met Coal (NYSE:HCCGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The company reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.41 by ($0.04). The company had revenue of $458.59 million for the quarter, compared to analyst estimates of $467.57 million. Warrior Met Coal had a net margin of 9.36% and a return on equity of 6.44%. Warrior Met Coal’s revenue was up 52.9% on a year-over-year basis. During the same quarter last year, the company posted ($0.16) EPS. Research analysts forecast that Warrior Met Coal will post 6.89 earnings per share for the current year.

Warrior Met Coal Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were issued a dividend of $0.08 per share. The ex-dividend date was Friday, May 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.4%. Warrior Met Coal’s payout ratio is currently 12.21%.

About Warrior Met Coal

(Get Free Report)

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.

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Analyst Recommendations for Warrior Met Coal (NYSE:HCC)

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