The stock of Warrior Met Coal Inc (NYSE:HCC) last traded at $54.99, up 1.36% from the previous session.
Data from the available sources indicates that Warrior Met Coal Inc (NYSE:HCC) is covered by 6 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $67.00 and a low of $48.00, we find $60.00. Given the previous closing price of $54.25, this indicates a potential upside of 10.6 percent. HCC stock price is now 13.06% away from the 50-day moving average and 35.52% away from the 200-day moving average. The market capitalization of the company currently stands at $2.86B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
In total, 4 analysts have assigned it a hold rating, and 2 have given it a buy rating. Brokers who have rated the stock have averaged $58.00 as their price target over the next twelve months.
With the price target enhanced from $48 to $50, B. Riley Securities Upgraded its rating from Neutral to Buy for Warrior Met Coal Inc (NYSE: HCC).
In other news, Williams Stephen D., Director sold 80,000 shares of the company’s stock on Nov 08. The stock was sold for $3,648,000 at an average price of $45.60. Upon completion of the transaction, the Director now directly owns 21,393 shares in the company, valued at $1.18 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 13, Chief Accounting Officer Chopin Brian M sold 2,816 shares of the business’s stock. A total of $126,720 was realized by selling the stock at an average price of $45.00. This leaves the insider owning 11,187 shares of the company worth $0.62 million. Insiders disposed of 192,249 shares of company stock worth roughly $10.57 million over the past 1 year. A total of 1.41% of the company’s stock is owned by insiders.
With an opening price of $54.00 on Wednesday morning, Warrior Met Coal Inc (NYSE: HCC) set off the trading day. During the past 12 months, Warrior Met Coal Inc has had a low of $30.30 and a high of $54.83. As of last week, the company has a debt-to-equity ratio of 0.10, a current ratio of 7.67, and a quick ratio of 6.91. The fifty day moving average price for HCC is $48.64 and a two-hundred day moving average price translates $40.64 for the stock.
The latest earnings results from Warrior Met Coal Inc (NYSE: HCC) was released for Sep, 2023. According to the Coking Coal Company, earnings per share came in at $1.85, beating analysts’ expectations of $1.4 by 0.45. This compares to $1.90 EPS in the same period last year. The net profit margin was 27.11% and return on equity was 29.06% for HCC. The company reported revenue of $423.49 million for the quarter, compared to $390.18 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.54 percent. For the current quarter, analysts expect HCC to generate $373.07M in revenue.
Warrior Met Coal Inc(HCC) 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. Warrior Met Coal, Inc. was incorporated in 2015 and is headquartered in Brookwood, Alabama.
