Warrior Met Coal Inc (NYSE:HCC) – Analysts at Seaport Global Securities upped their FY2018 EPS estimates for Warrior Met Coal in a research report issued on Monday, October 15th. Seaport Global Securities analyst M. Levin now forecasts that the company will earn $8.25 per share for the year, up from their previous forecast of $7.60. Seaport Global Securities also issued estimates for Warrior Met Coal’s Q4 2018 earnings at $1.63 EPS and FY2019 earnings at $5.62 EPS.
Several other equities research analysts also recently commented on HCC. Zacks Investment Research raised shares of Warrior Met Coal from a “sell” rating to a “buy” rating and set a $33.00 target price for the company in a research note on Wednesday. Morgan Stanley upped their target price on shares of Warrior Met Coal from $25.00 to $27.00 and gave the company an “equal weight” rating in a research note on Friday, June 29th. Citigroup upped their target price on shares of Warrior Met Coal from $25.87 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, July 11th. ValuEngine downgraded shares of Warrior Met Coal from a “hold” rating to a “sell” rating in a research note on Monday, July 30th. Finally, Royal Bank of Canada set a $34.00 target price on shares of Warrior Met Coal and gave the company a “hold” rating in a research note on Thursday, August 2nd. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $31.25.
Shares of NYSE:HCC opened at $28.95 on Wednesday. Warrior Met Coal has a 52 week low of $18.56 and a 52 week high of $33.72. The company has a quick ratio of 2.02, a current ratio of 2.53 and a debt-to-equity ratio of 1.48. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 3.67 and a beta of 0.49.
Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings results on Wednesday, August 1st. The company reported $1.81 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.95 by ($0.14). The business had revenue of $322.56 million for the quarter, compared to the consensus estimate of $331.76 million. Warrior Met Coal had a return on equity of 82.44% and a net margin of 37.56%. Warrior Met Coal’s revenue for the quarter was down 11.2% compared to the same quarter last year.
Large investors have recently modified their holdings of the business. Point72 Asia Hong Kong Ltd bought a new stake in shares of Warrior Met Coal during the first quarter worth $114,000. Asset Management One Co. Ltd. bought a new stake in shares of Warrior Met Coal during the first quarter worth $157,000. Sun Life Financial INC bought a new stake in shares of Warrior Met Coal during the second quarter worth $211,000. Quantitative Systematic Strategies LLC bought a new stake in shares of Warrior Met Coal during the second quarter worth $217,000. Finally, Bowling Portfolio Management LLC bought a new stake in shares of Warrior Met Coal during the second quarter worth $221,000.
Warrior Met Coal Company Profile
Warrior Met Coal, Inc produces and exports metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.
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