Warrior Met Coal Inc. (NYSE:HCC) has been given a consensus rating of “Hold” by the eleven ratings firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and six have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $25.20.
Several equities research analysts have weighed in on the company. Citigroup Inc. increased their price target on Warrior Met Coal from $24.00 to $28.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 26th. FBR & Co increased their price target on Warrior Met Coal from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Monday, September 25th. MKM Partners reaffirmed a “buy” rating and set a $28.00 price target on shares of Warrior Met Coal in a research report on Tuesday, September 12th. Zacks Investment Research downgraded Warrior Met Coal from a “buy” rating to a “hold” rating in a research report on Monday, September 11th. Finally, Macquarie assumed coverage on Warrior Met Coal in a research report on Thursday, September 7th. They set an “underperform” rating and a $24.00 price target on the stock.
Warrior Met Coal (NYSE HCC) traded down 0.43% during mid-day trading on Friday, reaching $23.29. The company’s stock had a trading volume of 331,225 shares. The company has a market capitalization of $1.24 billion and a price-to-earnings ratio of 0.37. The stock has a 50-day moving average price of $24.94 and a 200-day moving average price of $20.67. Warrior Met Coal has a one year low of $15.10 and a one year high of $27.62.
Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $1.93 by $0.59. The company had revenue of $363.37 million for the quarter, compared to analyst estimates of $321.75 million. Equities research analysts forecast that Warrior Met Coal will post $4.08 EPS for the current year.
Several large investors have recently bought and sold shares of the company. GeoSphere Capital Management acquired a new stake in shares of Warrior Met Coal during the 2nd quarter valued at about $260,000. California State Teachers Retirement System acquired a new stake in shares of Warrior Met Coal during the 2nd quarter valued at about $510,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Warrior Met Coal during the 2nd quarter valued at about $219,000. Caspian Capital LP acquired a new stake in shares of Warrior Met Coal during the 2nd quarter valued at about $37,651,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Warrior Met Coal during the 2nd quarter valued at about $335,000. Hedge funds and other institutional investors own 97.25% of the company’s stock.
Warrior Met Coal Company Profile
Warrior Met Coal, Inc, formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. These underground coalmines are 1,400 to 2,100 feet underground. Its operations serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.
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