Warrior Met Coal (NYSE:HCC – Get Free Report) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, August 1st. Analysts expect Warrior Met Coal to post earnings of $1.01 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Warrior Met Coal (NYSE:HCC – Get Free Report) last posted its earnings results on Wednesday, May 1st. The company reported $2.63 EPS for the quarter, topping the consensus estimate of $2.02 by $0.61. The firm had revenue of $503.50 million for the quarter, compared to analyst estimates of $474.99 million. Warrior Met Coal had a return on equity of 24.71% and a net margin of 25.94%. Warrior Met Coal’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period last year, the company earned $3.57 earnings per share. On average, analysts expect Warrior Met Coal to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Warrior Met Coal Stock Down 2.0 %
Warrior Met Coal stock opened at $66.74 on Wednesday. The firm has a market cap of $3.49 billion, a price-to-earnings ratio of 8.03 and a beta of 1.05. Warrior Met Coal has a 52 week low of $38.01 and a 52 week high of $75.53. The business’s 50-day moving average price is $67.48 and its 200 day moving average price is $63.79. The company has a quick ratio of 5.85, a current ratio of 6.86 and a debt-to-equity ratio of 0.10.
Warrior Met Coal Dividend Announcement
Analyst Upgrades and Downgrades
Several analysts recently commented on HCC shares. Citigroup raised Warrior Met Coal from a “neutral” rating to a “buy” rating and raised their target price for the stock from $60.00 to $75.00 in a report on Thursday, April 11th. B. Riley raised their target price on Warrior Met Coal from $87.00 to $91.00 and gave the stock a “buy” rating in a report on Thursday, May 2nd. Benchmark reiterated a “hold” rating on shares of Warrior Met Coal in a research report on Monday, July 1st. Finally, BMO Capital Markets increased their price target on Warrior Met Coal from $62.00 to $70.00 and gave the stock a “market perform” rating in a research report on Thursday, May 2nd. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $72.80.
Check Out Our Latest Stock Analysis on Warrior Met Coal
Insiders Place Their Bets
In other Warrior Met Coal news, insider Kelli K. Gant sold 10,000 shares of the stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $75.06, for a total transaction of $750,600.00. Following the transaction, the insider now owns 61,678 shares in the company, valued at $4,629,550.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Walter J. Scheller sold 23,148 shares of the firm’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $75.15, for a total value of $1,739,572.20. Following the transaction, the chief executive officer now owns 340,485 shares in the company, valued at $25,587,447.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kelli K. Gant sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $75.06, for a total value of $750,600.00. Following the completion of the transaction, the insider now owns 61,678 shares in the company, valued at approximately $4,629,550.68. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.
Warrior Met Coal Company Profile
Warrior Met Coal, Inc produces and exports non-thermal 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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