Warrior Met Coal (HCC) Set to Announce Earnings on Wednesday

Warrior Met Coal (NYSE:HCC) is scheduled to be releasing its earnings data after the market closes on Wednesday, October 30th. Analysts expect Warrior Met Coal to post earnings of $1.10 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings results on Wednesday, July 31st. The company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $1.69 by $0.47. Warrior Met Coal had a net margin of 47.01% and a return on equity of 62.99%. The company had revenue of $397.61 million for the quarter, compared to analyst estimates of $311.62 million. During the same period last year, the firm earned $1.81 earnings per share. The firm’s revenue was up 23.3% on a year-over-year basis. On average, analysts expect Warrior Met Coal to post $6 EPS for the current fiscal year and $4 EPS for the next fiscal year.

HCC opened at $22.29 on Wednesday. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.31 and a quick ratio of 2.73. The company’s 50-day moving average is $20.80 and its 200 day moving average is $24.76. Warrior Met Coal has a fifty-two week low of $18.75 and a fifty-two week high of $33.49. The firm has a market capitalization of $1.13 billion, a P/E ratio of 2.57 and a beta of 0.56.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 4th. Investors of record on Monday, October 28th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date of this dividend is Friday, October 25th. Warrior Met Coal’s payout ratio is currently 2.31%.

A number of research firms recently weighed in on HCC. Zacks Investment Research raised shares of Warrior Met Coal from a “sell” rating to a “hold” rating in a research report on Tuesday. Clarkson Capital reissued a “buy” rating on shares of Warrior Met Coal in a research report on Monday, September 23rd. ValuEngine raised shares of Warrior Met Coal from a “sell” rating to a “hold” rating in a research report on Tuesday, October 8th. Deutsche Bank set a $34.00 price target on shares of Warrior Met Coal and gave the company a “buy” rating in a research report on Thursday, July 11th. Finally, B. Riley set a $30.00 price target on shares of Warrior Met Coal and gave the company a “hold” rating in a research report on Thursday, August 22nd. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Warrior Met Coal has an average rating of “Buy” and an average price target of $31.88.

In related news, CFO Dale W. Boyles acquired 1,200 shares of the stock in a transaction on Thursday, August 15th. The shares were acquired at an average price of $22.22 per share, with a total value of $26,664.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.59% of the stock is owned by company insiders.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports 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.

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Earnings History for Warrior Met Coal (NYSE:HCC)

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