Warrior Met Coal Inc. (NYSE:HCC) – Equities researchers at FBR & Co increased their FY2017 earnings per share (EPS) estimates for shares of Warrior Met Coal in a note issued to investors on Thursday. FBR & Co analyst L. Pipes now forecasts that the company will post earnings of $7.99 per share for the year, up from their previous estimate of $7.92. FBR & Co currently has a “Hold” rating and a $26.00 price target on the stock.

Several other analysts also recently issued reports on the stock. Seaport Global Securities downgraded shares of Warrior Met Coal from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 18th. Zacks Investment Research raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a research note on Monday, October 16th. Royal Bank Of Canada set a $27.00 target price on shares of Warrior Met Coal and gave the company a “buy” rating in a research note on Tuesday, October 10th. Citigroup Inc. boosted their target price on shares of Warrior Met Coal from $24.00 to $28.00 and gave the company a “neutral” rating in a research note on Tuesday, September 26th. Finally, MKM Partners reissued a “buy” rating and set a $28.00 target price on shares of Warrior Met Coal in a research note on Tuesday, September 12th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. Warrior Met Coal presently has an average rating of “Hold” and a consensus target price of $25.45.

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Shares of Warrior Met Coal (HCC) opened at 27.42 on Monday. The firm has a market cap of $1.47 billion and a PE ratio of 0.44. The stock’s 50 day moving average price is $24.46 and its 200 day moving average price is $20.83. Warrior Met Coal has a 12-month low of $15.10 and a 12-month high of $27.67.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.59. The business had revenue of $363.37 million for the quarter, compared to analyst estimates of $321.75 million.

Several institutional investors have recently bought and sold shares of the company. Apollo Management Holdings L.P. purchased a new position in shares of Warrior Met Coal during the 2nd quarter valued at $173,185,000. Franklin Resources Inc. purchased a new position in shares of Warrior Met Coal during the 2nd quarter valued at $82,178,000. Caspian Capital LP purchased a new position in shares of Warrior Met Coal during the 2nd quarter valued at $37,651,000. Capital World Investors purchased a new position in shares of Warrior Met Coal during the 2nd quarter valued at $25,953,000. Finally, Impala Asset Management LLC purchased a new position in shares of Warrior Met Coal during the 2nd quarter valued at $21,590,000. Institutional investors and hedge funds own 97.25% of the company’s stock.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc, formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. These underground coalmines are 1,400 to 2,100 feet underground. Its operations serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.

Earnings History and Estimates for Warrior Met Coal (NYSE:HCC)

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