Alliance Holdings GP, L.P. (AHGP) – Investment Analysts’ Recent Ratings Changes

Alliance Holdings GP, L.P. (NASDAQ: AHGP) has recently received a number of price target changes and ratings updates:

  • 8/4/2017 – Alliance Holdings GP, L.P. was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 8/2/2017 – Alliance Holdings GP, L.P. was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 7/27/2017 – Alliance Holdings GP, L.P. was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 7/27/2017 – Alliance Holdings GP, L.P. was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 7/6/2017 – Alliance Holdings GP, L.P. was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 7/4/2017 – Alliance Holdings GP, L.P. was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Alliance Holdings GP, L.P., through its subsidiaries, produces and markets coal primarily to utilities and industrial users in the United States. It produces a range of steam coal with varying sulfur and heat contents. Alliance Holdings GP, L.P. is a limited partnership formed to own and control Alliance Resource Management GP, LLC, the managing general partner of Alliance Resource Partners, L.P., a publicly traded limited partnership engaged in the production and marketing of coal to major U.S. utilities and industrial users. . In addition, the company leases land and operates a coal loading terminal. . Further, it engages in trading of coal, as well as offers services, including ash and scrubber sludge removal, coal yard maintenance, and arranging alternate transportation services. The company is based in Tulsa, Oklahoma. “
  • 6/17/2017 – Alliance Holdings GP, L.P. was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 6/13/2017 – Alliance Holdings GP, L.P. was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

Alliance Holdings GP, L.P. (NASDAQ AHGP) opened at 27.23 on Wednesday. Alliance Holdings GP, L.P. has a one year low of $22.55 and a one year high of $32.70. The firm has a market cap of $1.63 billion, a price-to-earnings ratio of 7.86 and a beta of 0.53. The firm has a 50-day moving average of $25.35 and a 200-day moving average of $27.66.

Alliance Holdings GP, L.P. (NASDAQ:AHGP) last posted its earnings results on Monday, July 31st. The energy company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by $0.02. Alliance Holdings GP, L.P. had a net margin of 10.69% and a return on equity of 19.15%. The firm had revenue of $398.60 million during the quarter, compared to analyst estimates of $461.30 million. During the same quarter in the previous year, the business posted $0.76 earnings per share. The business’s quarterly revenue was down 9.2% compared to the same quarter last year. Analysts anticipate that Alliance Holdings GP, L.P. will post $3.34 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 18th. Investors of record on Friday, August 11th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This is a positive change from Alliance Holdings GP, L.P.’s previous quarterly dividend of $0.55. This represents a $2.92 dividend on an annualized basis and a yield of 10.72%. Alliance Holdings GP, L.P.’s dividend payout ratio (DPR) is presently 63.58%.

Alliance Holdings GP, L.P. (AHGP) is a limited partnership company. The Company owns directly and indirectly the members’ interest in Alliance Resource Management GP, LLC (MGP), the managing general partner of Alliance Resource Partners, L.P. (ARLP). The Company’s segments include Illinois Basin, Appalachia, and Other and Corporate.

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