Media headlines about Warrior Met Coal (NYSE:HCC) have trended somewhat positive recently, AlphaOne Sentiment Analysis reports. The research firm, a unit of Accern, identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Warrior Met Coal earned a daily sentiment score of 0.20 on AlphaOne’s scale. AlphaOne also gave media coverage about the company an impact score of 75 out of 100, meaning that recent press coverage is likely to have an effect on the stock’s share price in the next several days.
Several analysts recently issued reports on HCC shares. FBR & Co started coverage on Warrior Met Coal in a research note on Thursday, April 20th. They set a “mkt perform” rating and a $22.00 target price on the stock. BMO Capital Markets initiated coverage on Warrior Met Coal in a report on Monday, May 8th. They set a “buy” rating and a $24.00 price target for the company. Morgan Stanley initiated coverage on Warrior Met Coal in a report on Monday, May 8th. They set an “overweight” rating and a $27.00 price target for the company. Clarkson Capital restated a “buy” rating and set a $33.00 price target on shares of Warrior Met Coal in a report on Monday, May 8th. Finally, Seaport Global Securities initiated coverage on Warrior Met Coal in a report on Wednesday, May 10th. They set a “buy” rating and a $21.00 price target for the company. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Warrior Met Coal presently has a consensus rating of “Buy” and an average price target of $24.75.
Warrior Met Coal (HCC) traded down 5.54% during trading on Friday, reaching $15.86. The company’s stock had a trading volume of 1,757,107 shares. The stock has a 50-day moving average of $17.39 and a 200 day moving average of $17.61. The firm has a market capitalization of $847.88 million and a P/E ratio of 7.04. Warrior Met Coal has a one year low of $15.36 and a one year high of $19.08.
Warrior Met Coal (NYSE:HCC) last issued its quarterly earnings data on Thursday, May 18th. The company reported $2.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.98 by $0.24. The company had revenue of $253.96 million for the quarter, compared to analyst estimates of $363.34 million. On average, equities research analysts predict that Warrior Met Coal will post $4.08 EPS for the current fiscal year.
The business also recently disclosed a special dividend, which was paid on Tuesday, June 13th. Investors of record on Tuesday, May 30th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, May 25th.
In related news, Director Alan H. Schumacher acquired 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 24th. The stock was purchased at an average cost of $17.99 per share, for a total transaction of $53,970.00. Following the transaction, the director now directly owns 3,000 shares of the company’s stock, valued at approximately $53,970. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Franklin Mutual Advisers Llc sold 2,718,359 shares of Warrior Met Coal stock in a transaction that occurred on Thursday, April 13th. The stock was sold at an average price of $17.81, for a total value of $48,413,973.79. The disclosure for this sale can be found here. 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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