News articles about Alliance Holdings GP (NASDAQ:AHGP) have been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. 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 earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave press coverage about the energy company an impact score of 45.9155767213763 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Alliance Holdings GP (NASDAQ AHGP) opened at $25.60 on Monday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.54 and a current ratio of 0.83. Alliance Holdings GP has a 52 week low of $22.71 and a 52 week high of $32.70. The company has a market cap of $1,532.49, a PE ratio of 7.55 and a beta of 0.56.
Alliance Holdings GP (NASDAQ:AHGP) last posted its quarterly earnings data on Monday, October 30th. The energy company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.26). Alliance Holdings GP had a net margin of 10.76% and a return on equity of 17.78%. The firm had revenue of $453.09 million for the quarter, compared to analysts’ expectations of $486.80 million. During the same period in the prior year, the company posted $0.81 earnings per share. Alliance Holdings GP’s quarterly revenue was down 17.9% compared to the same quarter last year. equities research analysts predict that Alliance Holdings GP will post 3.17 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Thursday, November 9th were paid a dividend of $0.735 per share. The ex-dividend date of this dividend was Wednesday, November 8th. This is a positive change from Alliance Holdings GP’s previous quarterly dividend of $0.73. This represents a $2.94 dividend on an annualized basis and a yield of 11.48%. Alliance Holdings GP’s dividend payout ratio is currently 89.09%.
AHGP has been the subject of a number of analyst reports. Zacks Investment Research lowered shares of Alliance Holdings GP from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 9th. TheStreet raised shares of Alliance Holdings GP from a “c+” rating to a “b-” rating in a research note on Monday, October 16th. ValuEngine lowered shares of Alliance Holdings GP from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Stifel Nicolaus reaffirmed a “hold” rating and set a $31.00 price objective (down from $32.00) on shares of Alliance Holdings GP in a research note on Wednesday, November 15th. Finally, reduced their price objective on shares of Alliance Holdings GP from $32.00 to $31.00 and set a “hold” rating for the company in a research note on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the company. Alliance Holdings GP presently has an average rating of “Hold” and a consensus target price of $30.67.
Alliance Holdings GP Company Profile
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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