Warrior Met Coal (NYSE:HCC) Receives $93.50 Average PT from Analysts

Shares of Warrior Met Coal (NYSE:HCC) have been given an average recommendation of “Hold” by the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $93.50.

Several equities analysts recently issued reports on HCC shares. B. Riley Financial restated a “buy” rating on shares of Warrior Met Coal in a report on Thursday, November 6th. Jefferies Financial Group boosted their price objective on Warrior Met Coal from $95.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Zacks Research cut Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. BMO Capital Markets boosted their price target on Warrior Met Coal from $65.00 to $72.00 and gave the company a “market perform” rating in a research note on Thursday, November 6th. Finally, UBS Group set a $108.00 price target on Warrior Met Coal and gave the stock a “buy” rating in a report on Thursday, January 29th.

Insider Buying and Selling at Warrior Met Coal

In other news, insider Kelli K. Gant sold 10,000 shares of the stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $100.00, for a total transaction of $1,000,000.00. Following the transaction, the insider owned 70,580 shares of the company’s stock, valued at $7,058,000. This represents a 12.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Walter J. Scheller sold 100,000 shares of the firm’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $100.31, for a total value of $10,031,000.00. Following the completion of the sale, the chief executive officer owned 294,183 shares of the company’s stock, valued at approximately $29,509,496.73. This represents a 25.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Warrior Met Coal

Hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its position in shares of Warrior Met Coal by 217.2% during the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock worth $31,000 after purchasing an additional 467 shares during the period. IFP Advisors Inc acquired a new position in Warrior Met Coal during the fourth quarter worth $37,000. Hantz Financial Services Inc. lifted its stake in shares of Warrior Met Coal by 266.1% in the third quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock valued at $40,000 after buying an additional 455 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Warrior Met Coal by 4,337.5% during the third quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock valued at $45,000 after buying an additional 694 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd increased its position in shares of Warrior Met Coal by 919.6% during the third quarter. Aster Capital Management DIFC Ltd now owns 938 shares of the company’s stock worth $60,000 after acquiring an additional 846 shares in the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

Warrior Met Coal Stock Performance

NYSE:HCC opened at $89.01 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.00 and a current ratio of 4.13. Warrior Met Coal has a fifty-two week low of $38.00 and a fifty-two week high of $105.35. The company has a 50 day simple moving average of $89.71 and a two-hundred day simple moving average of $73.14. The company has a market capitalization of $4.68 billion, a PE ratio of 132.85 and a beta of 0.65.

Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.91. Warrior Met Coal had a net margin of 2.87% and a return on equity of 2.01%. The firm had revenue of $328.59 million for the quarter, compared to the consensus estimate of $302.51 million. During the same quarter in the previous year, the company earned $0.80 EPS. The company’s revenue for the quarter was up .3% on a year-over-year basis. Research analysts anticipate that Warrior Met Coal will post 4.86 earnings per share for the current year.

Warrior Met Coal Company Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.