Warrior Met Coal (NYSE:HCC) Receives Consensus Recommendation of “Hold” from Analysts

Warrior Met Coal (NYSE:HCC) has been given an average rating of “Hold” by the seven analysts that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $93.50.

A number of equities analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Warrior Met Coal in a research note on Wednesday, October 8th. Zacks Research lowered Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. BMO Capital Markets raised their price target on shares of Warrior Met Coal from $65.00 to $72.00 and gave the company a “market perform” rating in a report on Thursday, November 6th. Wall Street Zen raised Warrior Met Coal from a “hold” rating to a “buy” rating in a report on Saturday, January 10th. Finally, B. Riley restated a “buy” rating on shares of Warrior Met Coal in a research report on Thursday, November 6th.

Insider Buying and Selling at Warrior Met Coal

In related news, insider Kelli K. Gant sold 10,000 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $100.00, for a total transaction of $1,000,000.00. Following the completion of the transaction, the insider directly owned 70,580 shares of the company’s stock, valued at approximately $7,058,000. This represents a 12.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Walter J. Scheller sold 100,000 shares of the company’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $100.31, for a total transaction of $10,031,000.00. Following the sale, the chief executive officer directly owned 294,183 shares in the company, valued at $29,509,496.73. This trade represents a 25.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 128,966 shares of company stock valued at $12,453,450 in the last three months. 2.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Warrior Met Coal

A number of large investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased 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 worth $31,000 after acquiring an additional 467 shares during the period. Hantz Financial Services Inc. raised its position in Warrior Met Coal by 266.1% during the third quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock valued at $40,000 after purchasing an additional 455 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Warrior Met Coal by 4,337.5% in the third quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock valued at $45,000 after buying an additional 694 shares in the last quarter. Aster Capital Management DIFC Ltd grew its holdings in shares of Warrior Met Coal by 919.6% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 938 shares of the company’s stock valued at $60,000 after purchasing an additional 846 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Warrior Met Coal by 23.1% during the second quarter. GAMMA Investing LLC now owns 1,346 shares of the company’s stock worth $62,000 after buying an additional 253 shares during the last quarter. Institutional investors own 92.28% of the company’s stock.

Warrior Met Coal Price Performance

Shares of NYSE:HCC opened at $89.29 on Friday. The business has a 50-day moving average of $88.63 and a two-hundred day moving average of $71.86. Warrior Met Coal has a fifty-two week low of $38.00 and a fifty-two week high of $105.35. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.13 and a quick ratio of 3.00. The stock has a market capitalization of $4.69 billion, a P/E ratio of 133.27 and a beta of 0.63.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.21) by $0.91. The company had revenue of $328.59 million for the quarter, compared to the consensus estimate of $302.51 million. Warrior Met Coal had a return on equity of 2.01% and a net margin of 2.87%.The firm’s revenue was up .3% compared to the same quarter last year. During the same period last year, the business posted $0.80 earnings per share. On average, equities research analysts predict that Warrior Met Coal will post 4.86 EPS for the current fiscal year.

About Warrior Met Coal

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.