Analysts expect Warrior Met Coal Inc (NYSE:HCC) to report sales of $271.03 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Warrior Met Coal’s earnings. The highest sales estimate is $282.90 million and the lowest is $259.16 million. Warrior Met Coal reported sales of $311.96 million during the same quarter last year, which indicates a negative year-over-year growth rate of 13.1%. The company is scheduled to issue its next quarterly earnings results on Thursday, November 8th.

On average, analysts expect that Warrior Met Coal will report full year sales of $1.30 billion for the current year, with estimates ranging from $1.27 billion to $1.32 billion. For the next fiscal year, analysts expect that the company will report sales of $1.11 billion per share, with estimates ranging from $1.06 billion to $1.16 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Warrior Met Coal.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings results on Wednesday, August 1st. The company reported $1.81 EPS for the quarter, missing the Thomson Reuters’ 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 net margin of 37.56% and a return on equity of 82.44%. Warrior Met Coal’s revenue for the quarter was down 11.2% compared to the same quarter last year.

Several analysts have commented on the stock. Zacks Investment Research raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a research report on Wednesday, July 25th. Citigroup increased their price target on shares of Warrior Met Coal from $25.87 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, July 11th. Morgan Stanley increased their price target on shares of Warrior Met Coal from $25.00 to $27.00 and gave the company an “equal weight” rating in a research report on Friday, June 29th. B. Riley increased their price target on shares of Warrior Met Coal from $25.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, September 19th. Finally, ValuEngine lowered shares of Warrior Met Coal from a “hold” rating to a “sell” rating in a research report on Monday, July 30th. One equities research 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 has a consensus rating of “Hold” and a consensus price target of $30.22.

HCC stock opened at $25.97 on Monday. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 3.29 and a beta of 0.56. Warrior Met Coal has a one year low of $18.56 and a one year high of $33.72. The company has a quick ratio of 2.02, a current ratio of 2.53 and a debt-to-equity ratio of 1.48.

Several institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC raised its position in shares of Warrior Met Coal by 24.7% in the 2nd quarter. Jane Street Group LLC now owns 15,762 shares of the company’s stock valued at $435,000 after purchasing an additional 3,117 shares during the last quarter. Advisory Services Network LLC raised its position in shares of Warrior Met Coal by 26.3% in the 2nd quarter. Advisory Services Network LLC now owns 15,570 shares of the company’s stock valued at $427,000 after purchasing an additional 3,240 shares during the last quarter. Rhumbline Advisers raised its position in shares of Warrior Met Coal by 10.2% in the 2nd quarter. Rhumbline Advisers now owns 36,365 shares of the company’s stock valued at $1,003,000 after purchasing an additional 3,363 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in shares of Warrior Met Coal by 45.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 10,984 shares of the company’s stock valued at $308,000 after purchasing an additional 3,419 shares during the last quarter. Finally, Alps Advisors Inc. raised its position in shares of Warrior Met Coal by 21.9% in the 2nd quarter. Alps Advisors Inc. now owns 20,246 shares of the company’s stock valued at $558,000 after purchasing an additional 3,640 shares during the last quarter.

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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