News coverage about Warrior Met Coal (NYSE:HCC) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Warrior Met Coal earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.1512057186446 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of analysts have weighed in on HCC shares. Morgan Stanley started coverage on Warrior Met Coal in a research note on Monday, May 15th. They issued an “overweight” rating and a $27.00 price target on the stock. Zacks Investment Research cut Warrior Met Coal from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Royal Bank Of Canada lifted their target price on Warrior Met Coal from $24.00 to $27.00 and gave the stock an “outperform” rating in a research report on Friday, August 4th. Citigroup Inc. assumed coverage on Warrior Met Coal in a research report on Monday, May 8th. They set a “neutral” rating and a $20.00 target price on the stock. Finally, BMO Capital Markets assumed coverage on Warrior Met Coal in a research report on Monday, May 8th. They set a “buy” rating and a $24.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Warrior Met Coal currently has a consensus rating of “Buy” and a consensus target price of $23.40.
Warrior Met Coal (NYSE:HCC) traded up 0.29% during mid-day trading on Friday, hitting $24.24. The stock had a trading volume of 294,642 shares. The stock has a market cap of $1.30 billion and a P/E ratio of 5.43. The company has a 50 day moving average price of $21.19 and a 200 day moving average price of $18.91. Warrior Met Coal has a one year low of $15.10 and a one year high of $25.38.
Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $2.52 EPS for the quarter, topping the consensus estimate of $1.93 by $0.59. The company had revenue of $363.37 million for the quarter, compared to the consensus estimate of $321.75 million. On average, equities analysts anticipate that Warrior Met Coal will post $4.08 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 23rd. Stockholders of record on Monday, August 14th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.20 annualized dividend and a dividend yield of 0.83%.
In related news, Director Alan H. Schumacher purchased 3,000 shares of Warrior Met Coal stock in a transaction dated Wednesday, May 24th. The shares were acquired at an average price of $17.99 per share, with a total value of $53,970.00. Following the completion of the transaction, the director now owns 3,000 shares of the company’s stock, valued at approximately $53,970. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 1.15% of the company’s stock.
Warrior Met Coal Company Profile
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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