Warrior Met Coal (NYSE:HCC) PT Raised to $91.00

Warrior Met Coal (NYSE:HCC) had its target price boosted by investment analysts at B. Riley from $87.00 to $91.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. B. Riley’s price objective would indicate a potential upside of 37.40% from the stock’s current price. B. Riley also issued estimates for Warrior Met Coal’s Q4 2024 earnings at $1.60 EPS, Q1 2025 earnings at $1.81 EPS, Q2 2025 earnings at $1.93 EPS, Q3 2025 earnings at $1.87 EPS, Q4 2025 earnings at $1.81 EPS, FY2025 earnings at $7.41 EPS, Q1 2026 earnings at $1.87 EPS and FY2026 earnings at $7.69 EPS.

Several other research analysts have also recently commented on HCC. Benchmark reaffirmed a “hold” rating on shares of Warrior Met Coal in a research report on Thursday. Citigroup upgraded shares of Warrior Met Coal from a “neutral” rating to a “buy” rating and lifted their target price for the company from $60.00 to $75.00 in a research report on Thursday, April 11th. BMO Capital Markets increased their price target on shares of Warrior Met Coal from $62.00 to $70.00 and gave the stock a “market perform” rating in a research report on Thursday. Finally, UBS Group assumed coverage on Warrior Met Coal in a research note on Tuesday, January 16th. They issued a “neutral” rating and a $68.00 price objective on the stock. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $72.80.

Warrior Met Coal Stock Performance

NYSE HCC traded up $0.82 during midday trading on Thursday, hitting $66.23. The company had a trading volume of 621,682 shares, compared to its average volume of 793,044. The firm has a fifty day simple moving average of $60.90 and a two-hundred day simple moving average of $58.58. Warrior Met Coal has a fifty-two week low of $31.97 and a fifty-two week high of $71.91. The company has a quick ratio of 5.99, a current ratio of 6.86 and a debt-to-equity ratio of 0.10. The stock has a market cap of $3.46 billion, a price-to-earnings ratio of 7.97 and a beta of 1.05.

Warrior Met Coal (NYSE:HCC) last released its earnings results on Wednesday, May 1st. The company reported $2.63 earnings per share for the quarter, topping analysts’ consensus estimates of $2.02 by $0.61. Warrior Met Coal had a return on equity of 24.71% and a net margin of 25.94%. The business had revenue of $503.50 million for the quarter, compared to the consensus estimate of $474.99 million. During the same period last year, the business earned $3.57 earnings per share. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. Equities analysts forecast that Warrior Met Coal will post 6.83 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Warrior Met Coal news, Director Alan H. Schumacher acquired 2,000 shares of the business’s stock in a transaction on Friday, February 23rd. The stock was purchased at an average price of $58.15 per share, for a total transaction of $116,300.00. Following the transaction, the director now owns 30,270 shares in the company, valued at approximately $1,760,200.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Warrior Met Coal

Hedge funds have recently added to or reduced their stakes in the stock. USA Financial Formulas bought a new position in shares of Warrior Met Coal in the fourth quarter worth about $25,000. Millburn Ridgefield Corp bought a new position in Warrior Met Coal in the 3rd quarter worth approximately $32,000. McGlone Suttner Wealth Management Inc. acquired a new position in Warrior Met Coal during the 4th quarter worth $38,000. SYSTM Wealth Solutions LLC acquired a new position in Warrior Met Coal during the 1st quarter worth $39,000. Finally, Quadrant Capital Group LLC boosted its position in Warrior Met Coal by 79.2% in the 4th quarter. Quadrant Capital Group LLC now owns 1,000 shares of the company’s stock valued at $61,000 after buying an additional 442 shares during the last quarter. Institutional investors own 92.28% of the company’s stock.

Warrior Met Coal Company Profile

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.