Media coverage about Alliance Holdings GP, L.P. (NASDAQ:AHGP) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Alliance Holdings GP, L.P. earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news articles about the energy company an impact score of 45.4504581975964 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern’s rankings:
- Enable Midstream’s Acquisition to Meet Increased Demand (finance.yahoo.com)
- Enable Midstream’s Acquisition to Meet Increased Demand – Nasdaq (nasdaq.com)
- Alliance Holdings GP LP : AHGP-US: Dividend Analysis : August 11th, 2017 (record date) : By the numbers : September 12, 2017 (finance.yahoo.com)
- Alliance Holdings GP LP breached its 50 day moving average in a Bearish Manner : AHGP-US : September 12, 2017 (finance.yahoo.com)
Alliance Holdings GP, L.P. (NASDAQ:AHGP) traded up 5.02% during midday trading on Friday, reaching $27.80. The company had a trading volume of 127,817 shares. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 8.03 and a beta of 0.53. Alliance Holdings GP, L.P. has a 52 week low of $22.71 and a 52 week high of $32.70. The firm has a 50-day moving average price of $26.88 and a 200-day moving average price of $27.08.
Alliance Holdings GP, L.P. (NASDAQ:AHGP) last issued its earnings results on Monday, July 31st. The energy company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.02). The firm had revenue of $398.60 million during the quarter, compared to the consensus estimate of $461.30 million. Alliance Holdings GP, L.P. had a return on equity of 19.15% and a net margin of 10.69%. The company’s quarterly revenue was down 9.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.76 EPS. Analysts expect that Alliance Holdings GP, L.P. will post $3.34 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, August 18th. Investors of record on Friday, August 11th were issued a $0.73 dividend. The ex-dividend date was Wednesday, August 9th. This represents a $2.92 annualized dividend and a yield of 10.50%. This is an increase from Alliance Holdings GP, L.P.’s previous quarterly dividend of $0.55. Alliance Holdings GP, L.P.’s dividend payout ratio is currently 84.39%.
A number of equities analysts have recently commented on the company. Zacks Investment Research raised Alliance Holdings GP, L.P. from a “hold” rating to a “strong-buy” rating and set a $30.00 price target for the company in a report on Wednesday, August 9th. BidaskClub lowered Alliance Holdings GP, L.P. from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Finally, ValuEngine lowered Alliance Holdings GP, L.P. from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 27th.
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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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