Alliance Holdings GP (AHGP) Set to Announce Earnings on Monday

Alliance Holdings GP (NASDAQ:AHGP) will be posting its quarterly earnings results before the market opens on Monday, January 29th. Analysts expect Alliance Holdings GP to post earnings of $0.80 per share for the quarter.

Alliance Holdings GP (NASDAQ:AHGP) last issued its quarterly earnings data on Monday, October 30th. The energy company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.26). The company had revenue of $453.09 million during the quarter, compared to analysts’ expectations of $486.80 million. Alliance Holdings GP had a net margin of 10.76% and a return on equity of 17.78%. The firm’s quarterly revenue was down 17.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.81 earnings per share. On average, analysts expect Alliance Holdings GP to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of Alliance Holdings GP (NASDAQ:AHGP) opened at $28.17 on Monday. The stock has a market cap of $1,686.34, a PE ratio of 8.54 and a beta of 0.51. Alliance Holdings GP has a fifty-two week low of $22.71 and a fifty-two week high of $32.31. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.83 and a quick ratio of 0.54.

Several analysts recently issued reports on the stock. Stifel Nicolaus restated a “hold” rating and issued a $31.00 price objective (down from $32.00) on shares of Alliance Holdings GP in a report on Wednesday, November 15th. Zacks Investment Research lowered shares of Alliance Holdings GP from a “strong-buy” rating to a “hold” rating in a report on Monday, October 9th. reduced their price objective on shares of Alliance Holdings GP from $32.00 to $31.00 and set a “hold” rating on the stock in a report on Wednesday, November 15th. ValuEngine lowered shares of Alliance Holdings GP from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Finally, BidaskClub upgraded shares of Alliance Holdings GP from a “strong sell” rating to a “sell” rating in a research note on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. Alliance Holdings GP presently has an average rating of “Hold” and an average price target of $31.33.

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About Alliance Holdings GP

Alliance Holdings GP, L.P. (AHGP) is a limited partnership company. The Company owns directly and indirectly the members’ interest in Alliance Resource Management GP, LLC (MGP), the managing general partner of Alliance Resource Partners, L.P. (ARLP). The Company’s segments include Illinois Basin, Appalachia, and Other and Corporate.

Earnings History for Alliance Holdings GP (NASDAQ:AHGP)

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