B. Riley Forecasts Strong Price Appreciation for Hallador Energy (NASDAQ:HNRG) Stock

Hallador Energy (NASDAQ:HNRG) had its target price lifted by B. Riley from $13.00 to $15.00 in a research report released on Tuesday morning,Benzinga reports. They currently have a buy rating on the energy company’s stock. B. Riley also issued estimates for Hallador Energy’s Q1 2025 earnings at ($0.16) EPS, Q2 2025 earnings at ($0.16) EPS, Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.16) EPS, FY2025 earnings at ($0.63) EPS, FY2026 earnings at $0.50 EPS, FY2027 earnings at $1.03 EPS and FY2028 earnings at $0.82 EPS.

Several other equities research analysts have also recently commented on the company. StockNews.com raised Hallador Energy to a “sell” rating in a research report on Friday, March 21st. Alliance Global Partners started coverage on shares of Hallador Energy in a research report on Monday, December 9th. They set a “buy” rating and a $17.00 price objective for the company.

Hallador Energy Stock Down 8.9 %

NASDAQ HNRG opened at $11.22 on Tuesday. Hallador Energy has a 1 year low of $4.33 and a 1 year high of $14.00. The stock has a market capitalization of $478.19 million, a PE ratio of -20.40 and a beta of 0.55. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.58 and a quick ratio of 0.17. The business’s 50-day moving average is $10.96 and its 200 day moving average is $10.97.

Hallador Energy (NASDAQ:HNRG) last posted its earnings results on Monday, March 17th. The energy company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01. The firm had revenue of $94.80 million for the quarter, compared to the consensus estimate of $102.46 million. Hallador Energy had a negative return on equity of 6.71% and a negative net margin of 4.85%. Sell-side analysts forecast that Hallador Energy will post -0.31 earnings per share for the current year.

Hedge Funds Weigh In On Hallador Energy

Large investors have recently made changes to their positions in the company. Nebula Research & Development LLC boosted its stake in shares of Hallador Energy by 3.0% during the fourth quarter. Nebula Research & Development LLC now owns 31,176 shares of the energy company’s stock valued at $357,000 after purchasing an additional 906 shares during the period. Rhumbline Advisers boosted its holdings in shares of Hallador Energy by 3.0% in the fourth quarter. Rhumbline Advisers now owns 36,672 shares of the energy company’s stock valued at $420,000 after purchasing an additional 1,068 shares during the period. Legal & General Group Plc lifted its holdings in shares of Hallador Energy by 23.5% in the 4th quarter. Legal & General Group Plc now owns 7,539 shares of the energy company’s stock worth $86,000 after buying an additional 1,435 shares during the period. Quantinno Capital Management LP grew its position in shares of Hallador Energy by 17.0% during the 4th quarter. Quantinno Capital Management LP now owns 11,915 shares of the energy company’s stock worth $136,000 after buying an additional 1,729 shares in the last quarter. Finally, MetLife Investment Management LLC increased its stake in shares of Hallador Energy by 15.4% during the fourth quarter. MetLife Investment Management LLC now owns 14,894 shares of the energy company’s stock valued at $171,000 after buying an additional 1,990 shares during the period. 61.38% of the stock is owned by hedge funds and other institutional investors.

About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.