Wall Street analysts predict that Warrior Met Coal Inc (NYSE:HCC) will announce $1.28 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Warrior Met Coal’s earnings. The highest EPS estimate is $1.37 and the lowest is $1.17. Warrior Met Coal posted earnings of $2.27 per share during the same quarter last year, which suggests a negative year-over-year growth rate of 43.6%. The firm is scheduled to issue its next earnings report on Thursday, November 8th.

According to Zacks, analysts expect that Warrior Met Coal will report full year earnings of $7.97 per share for the current year, with EPS estimates ranging from $7.60 to $8.35. For the next financial year, analysts forecast that the company will post earnings of $4.42 per share, with EPS estimates ranging from $3.18 to $4.93. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Warrior Met Coal.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Wednesday, August 1st. The company reported $1.81 EPS for the quarter, missing the consensus estimate of $1.95 by ($0.14). Warrior Met Coal had a return on equity of 82.44% and a net margin of 37.56%. The business had revenue of $322.56 million during the quarter, compared to the consensus estimate of $331.76 million. The company’s revenue was down 11.2% compared to the same quarter last year.

HCC has been the topic of several research reports. Zacks Investment Research cut shares of Warrior Met Coal from a “buy” rating to a “hold” rating in a research report on Friday, August 3rd. Citigroup lowered their target price on Warrior Met Coal from $33.00 to $32.00 and set a “buy” rating on the stock in a research note on Wednesday, August 8th. ValuEngine raised Warrior Met Coal from a “strong sell” rating to a “sell” rating in a research note on Wednesday. Royal Bank of Canada set a $34.00 target price on Warrior Met Coal and gave the company a “hold” rating in a research note on Thursday, August 2nd. Finally, B. Riley lifted their target price on Warrior Met Coal from $25.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, September 19th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $30.22.

A number of institutional investors have recently made changes to their positions in HCC. Third Avenue Management LLC lifted its holdings in shares of Warrior Met Coal by 97.7% during the second quarter. Third Avenue Management LLC now owns 2,515,767 shares of the company’s stock worth $69,360,000 after buying an additional 1,243,282 shares during the last quarter. Luminus Management LLC lifted its holdings in shares of Warrior Met Coal by 99.9% during the second quarter. Luminus Management LLC now owns 2,255,723 shares of the company’s stock worth $62,190,000 after buying an additional 1,127,197 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Warrior Met Coal by 34.8% during the second quarter. BlackRock Inc. now owns 2,473,452 shares of the company’s stock worth $68,194,000 after buying an additional 638,963 shares during the last quarter. Laurion Capital Management LP lifted its holdings in shares of Warrior Met Coal by 1,344.1% during the second quarter. Laurion Capital Management LP now owns 613,228 shares of the company’s stock worth $16,907,000 after buying an additional 570,765 shares during the last quarter. Finally, HITE Hedge Asset Management LLC lifted its holdings in shares of Warrior Met Coal by 288.0% during the second quarter. HITE Hedge Asset Management LLC now owns 636,352 shares of the company’s stock worth $17,544,000 after buying an additional 472,334 shares during the last quarter.

Warrior Met Coal stock traded up $0.01 during midday trading on Friday, hitting $26.44. The company’s stock had a trading volume of 18,877 shares, compared to its average volume of 789,599. The company has a current ratio of 2.53, a quick ratio of 2.02 and a debt-to-equity ratio of 1.48. Warrior Met Coal has a 12 month low of $18.56 and a 12 month high of $33.72. The stock has a market cap of $1.45 billion, a PE ratio of 3.34 and a beta of 0.56.

About Warrior Met Coal

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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