Warrior Met Coal (NYSE:HCC) Stock Rating Upgraded by Wall Street Zen

Warrior Met Coal (NYSE:HCC) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

HCC has been the topic of several other reports. B. Riley restated a “buy” rating on shares of Warrior Met Coal in a research report on Thursday, November 6th. BMO Capital Markets raised their price target on Warrior Met Coal from $65.00 to $72.00 and gave the company a “market perform” rating in a report on Thursday, November 6th. UBS Group lifted their price objective on shares of Warrior Met Coal from $80.00 to $86.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Zacks Research lowered shares of Warrior Met Coal from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 5th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Warrior Met Coal in a research report on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $77.33.

Warrior Met Coal Price Performance

Shares of HCC opened at $96.92 on Friday. Warrior Met Coal has a 12 month low of $38.00 and a 12 month high of $99.25. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.13 and a quick ratio of 3.00. The stock has a fifty day moving average price of $82.56 and a 200 day moving average price of $66.72. The company has a market cap of $5.10 billion, a P/E ratio of 144.66 and a beta of 0.63.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Wednesday, November 5th. The company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.21) by $0.91. The company had revenue of $328.59 million for the quarter, compared to analysts’ expectations of $302.51 million. Warrior Met Coal had a return on equity of 2.01% and a net margin of 2.87%.The firm’s quarterly revenue was up .3% compared to the same quarter last year. During the same period last year, the business posted $0.80 earnings per share. On average, research analysts forecast that Warrior Met Coal will post 4.86 earnings per share for the current year.

Insider Activity

In other news, CEO Walter J. Scheller sold 18,966 shares of the business’s stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $75.00, for a total transaction of $1,422,450.00. Following the sale, the chief executive officer directly owned 394,183 shares of the company’s stock, valued at $29,563,725. The trade was a 4.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Warrior Met Coal

Large investors have recently made changes to their positions in the company. SG Americas Securities LLC grew its holdings in shares of Warrior Met Coal by 7,875.9% during the fourth quarter. SG Americas Securities LLC now owns 182,250 shares of the company’s stock valued at $16,069,000 after buying an additional 179,965 shares in the last quarter. Hardin Capital Partners LLC purchased a new stake in Warrior Met Coal in the 4th quarter worth approximately $223,000. GAMMA Investing LLC boosted its stake in shares of Warrior Met Coal by 18.3% during the 4th quarter. GAMMA Investing LLC now owns 2,165 shares of the company’s stock valued at $191,000 after buying an additional 335 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in Warrior Met Coal during the third quarter valued at $354,000. Finally, CANADA LIFE ASSURANCE Co increased its position in Warrior Met Coal by 3.6% in the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 47,367 shares of the company’s stock worth $2,999,000 after purchasing an additional 1,663 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

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.