Warrior Met Coal Inc (NYSE:HCC) has earned a consensus rating of “Hold” from the twelve brokerages that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $30.13.
Several research analysts have commented on HCC shares. Morgan Stanley lifted their price objective on shares of Warrior Met Coal from $25.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Friday, June 29th. Zacks Investment Research raised shares of Warrior Met Coal from a “hold” rating to a “strong-buy” rating and set a $30.00 price objective for the company in a research note on Wednesday, July 4th. Citigroup lifted their price objective on shares of Warrior Met Coal from $25.87 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, July 11th. ValuEngine lowered 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 price objective on shares of Warrior Met Coal and gave the stock a “hold” rating in a research note on Thursday, August 2nd.
A number of hedge funds and other institutional investors have recently bought and sold shares 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.
Shares of HCC stock traded up $0.04 on Friday, reaching $26.47. The company’s stock had a trading volume of 29,012 shares, compared to its average volume of 789,599. Warrior Met Coal has a 1 year low of $18.56 and a 1 year high of $33.72. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.02 and a current ratio of 2.53. The firm has a market cap of $1.45 billion, a PE ratio of 3.34 and a beta of 0.56.
Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Wednesday, August 1st. The company reported $1.81 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.14). The firm had revenue of $322.56 million for the quarter, compared to analysts’ expectations of $331.76 million. Warrior Met Coal had a return on equity of 82.44% and a net margin of 37.56%. The firm’s revenue for the quarter was down 11.2% compared to the same quarter last year. equities analysts predict that Warrior Met Coal will post 7.87 EPS for the current year.
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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