$227.72 Million in Sales Expected for Warrior Met Coal LLC (HCC) This Quarter

Wall Street analysts expect that Warrior Met Coal LLC (NYSE:HCC) will report sales of $227.72 million for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Warrior Met Coal’s earnings, with the lowest sales estimate coming in at $219.00 million and the highest estimate coming in at $236.43 million. The company is expected to announce its next quarterly earnings report after the market closes on Wednesday, February 14th.

On average, analysts expect that Warrior Met Coal will report full year sales of $227.72 million for the current fiscal year, with estimates ranging from $1.13 billion to $1.17 billion. For the next year, analysts anticipate that the company will post sales of $1.10 billion per share, with estimates ranging from $956.59 million to $1.24 billion. Zacks’ sales averages are an average based on a survey of research firms that cover Warrior Met Coal.

HCC has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded 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. ValuEngine upgraded shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. B. Riley restated a “hold” rating and set a $26.00 target price on shares of Warrior Met Coal in a research note on Friday, November 10th. FBR & Co set a $26.00 target price on shares of Warrior Met Coal and gave the stock a “hold” rating in a research note on Tuesday, October 17th. Finally, Macquarie upgraded shares of Warrior Met Coal from an “underperform” rating to a “hold” rating in a research note on Tuesday, January 23rd. Seven investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $26.67.

In other news, Director Franklin Mutual Advisers Llc sold 4,237 shares of Warrior Met Coal stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $20.46, for a total transaction of $86,689.02. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Several institutional investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its position in shares of Warrior Met Coal by 5.4% during the third quarter. Bank of New York Mellon Corp now owns 63,890 shares of the company’s stock valued at $1,506,000 after buying an additional 3,289 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Warrior Met Coal by 5.9% during the third quarter. Schwab Charles Investment Management Inc. now owns 66,325 shares of the company’s stock valued at $1,564,000 after buying an additional 3,673 shares during the last quarter. Strs Ohio raised its position in shares of Warrior Met Coal by 18.9% during the fourth quarter. Strs Ohio now owns 34,000 shares of the company’s stock valued at $855,000 after buying an additional 5,400 shares during the last quarter. Spark Investment Management LLC increased its position in Warrior Met Coal by 16.0% in the fourth quarter. Spark Investment Management LLC now owns 39,200 shares of the company’s stock worth $985,000 after purchasing an additional 5,400 shares during the last quarter. Finally, Quantbot Technologies LP bought a new stake in Warrior Met Coal in the third quarter worth $135,000. Hedge funds and other institutional investors own 99.05% of the company’s stock.

Warrior Met Coal (NYSE HCC) opened at $28.00 on Tuesday. Warrior Met Coal has a 1-year low of $15.10 and a 1-year high of $30.49.

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About Warrior Met Coal

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.

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

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