Brokerages Set Warrior Met Coal (NYSE:HCC) PT at $93.50

Shares of Warrior Met Coal (NYSE:HCC) have received a consensus rating of “Hold” from the seven analysts that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $93.50.

HCC has been the subject of several analyst reports. Jefferies Financial Group increased their price target on shares of Warrior Met Coal from $95.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Wall Street Zen raised Warrior Met Coal from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. B. Riley reissued a “buy” rating on shares of Warrior Met Coal in a report on Thursday, November 6th. UBS Group set a $108.00 price objective on Warrior Met Coal and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Warrior Met Coal in a report on Wednesday, October 8th.

Warrior Met Coal Price Performance

Shares of NYSE HCC opened at $88.28 on Friday. The stock has a fifty day moving average price of $89.35 and a 200 day moving average price of $72.80. Warrior Met Coal has a 1-year low of $38.00 and a 1-year high of $105.35. 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 company has a market cap of $4.64 billion, a PE ratio of 131.76 and a beta of 0.65.

Warrior Met Coal (NYSE:HCC) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of ($0.21) by $0.91. The company had revenue of $328.59 million during the quarter, compared to the consensus estimate of $302.51 million. Warrior Met Coal had a net margin of 2.87% and a return on equity of 2.01%. Warrior Met Coal’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.80 EPS. Sell-side analysts forecast that Warrior Met Coal will post 4.86 EPS for the current year.

Insider Transactions at Warrior Met Coal

In other Warrior Met Coal news, insider Kelli K. Gant sold 10,000 shares of the stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $100.00, for a total value of $1,000,000.00. Following the completion of the transaction, the insider directly owned 70,580 shares of the company’s stock, valued at approximately $7,058,000. This trade represents a 12.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Walter J. Scheller sold 100,000 shares of Warrior Met Coal stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $100.31, for a total transaction of $10,031,000.00. Following the sale, the chief executive officer owned 294,183 shares of the company’s stock, valued at approximately $29,509,496.73. The trade was a 25.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.10% of the stock is currently owned by insiders.

Institutional Trading of Warrior Met Coal

Several large investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC increased its position in shares of Warrior Met Coal by 217.2% in the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company’s stock valued at $31,000 after buying an additional 467 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Warrior Met Coal by 266.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 626 shares of the company’s stock valued at $40,000 after acquiring an additional 455 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Warrior Met Coal by 4,337.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 710 shares of the company’s stock valued at $45,000 after acquiring an additional 694 shares in the last quarter. Aster Capital Management DIFC Ltd increased its holdings in Warrior Met Coal by 919.6% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 938 shares of the company’s stock valued at $60,000 after acquiring an additional 846 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Warrior Met Coal by 23.1% during the second quarter. GAMMA Investing LLC now owns 1,346 shares of the company’s stock worth $62,000 after acquiring an additional 253 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.