$1.06 EPS Expected for Warrior Met Coal Inc (NYSE:HCC) This Quarter

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Equities analysts expect that Warrior Met Coal Inc (NYSE:HCC) will report earnings of $1.06 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Warrior Met Coal’s earnings, with the lowest EPS estimate coming in at $0.95 and the highest estimate coming in at $1.12. Warrior Met Coal also reported earnings per share of $1.06 during the same quarter last year. The company is expected to announce its next earnings report on Wednesday, October 30th.

On average, analysts expect that Warrior Met Coal will report full year earnings of $6.33 per share for the current financial year, with EPS estimates ranging from $6.20 to $6.42. For the next fiscal year, analysts anticipate that the company will report earnings of $4.05 per share, with EPS estimates ranging from $3.42 to $4.94. Zacks Investment Research’s earnings per share calculations are an average based on a survey of analysts that cover Warrior Met Coal.

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, topping the Thomson Reuters’ consensus estimate of $1.69 by $0.47. The company had revenue of $397.61 million for the quarter, compared to analysts’ expectations of $311.62 million. Warrior Met Coal had a return on equity of 62.99% and a net margin of 47.01%. The business’s quarterly revenue was up 23.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.81 earnings per share.

Several equities analysts have issued reports on HCC shares. Jefferies Financial Group lowered Warrior Met Coal from a “buy” rating to a “hold” rating and dropped their price target for the company from $38.00 to $22.00 in a research note on Tuesday, August 6th. MKM Partners boosted their price target on Warrior Met Coal to $38.00 and gave the company a “buy” rating in a research note on Friday, May 24th. Zacks Investment Research lowered Warrior Met Coal from a “buy” rating to a “hold” rating in a research note on Saturday, August 10th. Deutsche Bank set a $34.00 target price on Warrior Met Coal and gave the stock a “buy” rating in a research report on Thursday, July 11th. Finally, B. Riley set a $30.00 target price on Warrior Met Coal and gave the stock a “hold” rating in a research report on Thursday, August 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. Warrior Met Coal presently has a consensus rating of “Hold” and a consensus target price of $31.56.

HCC stock traded down $0.10 during trading on Thursday, hitting $20.69. The company had a trading volume of 1,254,194 shares, compared to its average volume of 858,151. The business has a 50-day moving average of $21.24 and a 200-day moving average of $26.19. Warrior Met Coal has a one year low of $19.89 and a one year high of $33.49. The stock has a market cap of $1.19 billion, a PE ratio of 2.39 and a beta of 0.59. The company has a current ratio of 3.31, a quick ratio of 2.73 and a debt-to-equity ratio of 0.52.

In other Warrior Met Coal news, CFO Dale W. Boyles purchased 1,200 shares of the stock in a transaction on Thursday, August 15th. The shares were purchased at an average price of $22.22 per share, with a total value of $26,664.00. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 0.59% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Advisor Group Inc. grew its position in shares of Warrior Met Coal by 170.6% in the 2nd quarter. Advisor Group Inc. now owns 1,510 shares of the company’s stock worth $40,000 after buying an additional 952 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of Warrior Met Coal in the 2nd quarter worth approximately $113,000. SG Americas Securities LLC bought a new stake in shares of Warrior Met Coal in the 2nd quarter worth approximately $115,000. New York State Teachers Retirement System bought a new stake in shares of Warrior Met Coal in the 1st quarter worth approximately $116,000. Finally, Point72 Hong Kong Ltd grew its position in shares of Warrior Met Coal by 29.3% in the 2nd quarter. Point72 Hong Kong Ltd now owns 6,287 shares of the company’s stock worth $164,000 after buying an additional 1,424 shares during the last quarter.

Warrior Met Coal Company Profile

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 and Estimates for Warrior Met Coal (NYSE:HCC)

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