Roth Capital Has Positive Forecast for AREC Q3 Earnings

American Resources Corporation (NASDAQ:AREC) – Analysts at Roth Capital boosted their Q3 2025 EPS estimates for shares of American Resources in a research note issued to investors on Tuesday, November 4th. Roth Capital analyst M. Niehuser now expects that the company will post earnings of ($0.09) per share for the quarter, up from their prior forecast of ($0.10). Roth Capital has a “Buy” rating and a $5.00 price objective on the stock. The consensus estimate for American Resources’ current full-year earnings is ($0.38) per share. Roth Capital also issued estimates for American Resources’ Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.36) EPS, Q1 2026 earnings at ($0.09) EPS, Q2 2026 earnings at ($0.09) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.09) EPS and FY2026 earnings at ($0.35) EPS.

American Resources (NASDAQ:AREC) last released its earnings results on Tuesday, August 19th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.05). The business had revenue of $0.01 million for the quarter, compared to analysts’ expectations of $16.40 million.

A number of other analysts have also recently weighed in on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of American Resources in a research note on Wednesday, October 8th. William Blair initiated coverage on shares of American Resources in a research note on Monday, October 20th. They issued an “outperform” rating on the stock. Wall Street Zen raised shares of American Resources from a “sell” rating to a “hold” rating in a research note on Sunday, September 28th. D. Boral Capital initiated coverage on shares of American Resources in a research note on Monday, September 15th. They issued a “buy” rating and a $6.00 target price on the stock. Finally, D Boral Capital raised shares of American Resources to a “strong-buy” rating in a research note on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $5.50.

American Resources Stock Performance

NASDAQ:AREC opened at $3.71 on Thursday. The firm’s 50-day moving average is $3.22 and its 200-day moving average is $1.82. American Resources has a 52-week low of $0.38 and a 52-week high of $7.11. The company has a market cap of $369.33 million, a price-to-earnings ratio of -7.89 and a beta of 1.14.

Hedge Funds Weigh In On American Resources

A number of large investors have recently modified their holdings of the stock. Belvedere Trading LLC acquired a new position in shares of American Resources during the third quarter worth approximately $30,000. Creative Planning lifted its position in shares of American Resources by 65.5% during the second quarter. Creative Planning now owns 37,892 shares of the company’s stock worth $31,000 after purchasing an additional 15,000 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of American Resources during the second quarter worth approximately $33,000. Virtu Financial LLC lifted its position in shares of American Resources by 271.3% during the first quarter. Virtu Financial LLC now owns 101,913 shares of the company’s stock worth $48,000 after purchasing an additional 74,464 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of American Resources by 86,418.3% during the second quarter. JPMorgan Chase & Co. now owns 122,856 shares of the company’s stock worth $102,000 after purchasing an additional 122,714 shares in the last quarter. 9.32% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder Properties Ltd. Golden sold 1,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $1.26, for a total transaction of $1,260,000.00. Following the transaction, the insider directly owned 12,389,960 shares in the company, valued at approximately $15,611,349.60. This represents a 7.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 2,000,000 shares of company stock worth $5,321,200 in the last quarter. 16.80% of the stock is currently owned by corporate insiders.

American Resources Company Profile

American Resources Corporation, together with its subsidiaries, extracts, processes, transports, and sells metallurgical coal to the steel and industrial industries. It supplies raw materials; and sells coal used in pulverized coal injections. The company was founded in 2006 and is headquartered in Fishers, Indiana.