News coverage about Alliance Holdings GP, L.P. (NASDAQ:AHGP) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Alliance Holdings GP, L.P. earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the energy company an impact score of 46.2959236068921 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- 2 Scorching Hot High-Yield Dividend Stocks — Are They Buys? – Madison.com (host.madison.com)
- Alliance Holdings GP, LP (AHGP) Stock Rating Upgraded by BidaskClub (campdesrecrues.com)
- Watching the Tape Move for Alliance Holdings GP LP (AHGP) – Financial News Review (finnewsreview.com)
- Alliance Holdings GP, LP Rep (NASDAQ:AHGP) Stock Closed Well Above Its 50 Day Moving Average – Modern Readers (modernreaders.com)
- Why Alliance Holdings (AHGP) is Such a Great Value Stock Pick Right Now – Nasdaq (nasdaq.com)
AHGP has been the subject of several recent analyst reports. ValuEngine cut shares of Alliance Holdings GP, L.P. from a “strong-buy” rating to a “buy” rating in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of Alliance Holdings GP, L.P. from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Thursday, May 4th. Finally, BidaskClub upgraded shares of Alliance Holdings GP, L.P. from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 13th.
Alliance Holdings GP, L.P. (NASDAQ:AHGP) opened at 26.47 on Friday. The company’s 50-day moving average is $25.84 and its 200 day moving average is $27.65. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 7.64 and a beta of 0.53. Alliance Holdings GP, L.P. has a 52 week low of $22.55 and a 52 week high of $32.70.
Alliance Holdings GP, L.P. (NASDAQ:AHGP) last announced its quarterly earnings results on Monday, July 31st. The energy company reported $0.80 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate 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 company had revenue of $398.60 million during the quarter, compared to analyst estimates of $461.30 million. During the same period in the previous year, the firm posted $0.76 earnings per share. The company’s revenue was down 9.2% compared to the same quarter last year. On average, analysts forecast that Alliance Holdings GP, L.P. will post $3.34 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, August 18th. Shareholders of record on Friday, August 11th will be issued a $0.73 dividend. The ex-dividend date is Wednesday, August 9th. This is an increase 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 11.03%. Alliance Holdings GP, L.P.’s payout ratio is presently 84.39%.
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About Alliance Holdings GP, L.P.
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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