B. Riley Forecasts Weaker Earnings for Warrior Met Coal

Warrior Met Coal, Inc. (NYSE:HCC - Free Report) - Equities researchers at B. Riley lowered their Q4 2024 EPS estimates for Warrior Met Coal in a report issued on Thursday, January 30th. B. Riley analyst N. Giles now expects that the company will post earnings of $0.53 per share for the quarter, down from their prior estimate of $0.85. B. Riley currently has a "Buy" rating and a $90.00 price objective on the stock. The consensus estimate for Warrior Met Coal's current full-year earnings is $5.30 per share. B. Riley also issued estimates for Warrior Met Coal's FY2025 earnings at $5.72 EPS.

Separately, Jefferies Financial Group reduced their price target on shares of Warrior Met Coal from $75.00 to $65.00 and set a "buy" rating on the stock in a research report on Monday, January 6th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $75.00.

Warrior Met Coal Trading Down 0.8 %

NYSE HCC traded down $0.45 on Monday, hitting $53.22. The company's stock had a trading volume of 677,314 shares, compared to its average volume of 662,030. The company has a current ratio of 5.81, a quick ratio of 4.67 and a debt-to-equity ratio of 0.09. The company's 50-day simple moving average is $56.87 and its 200 day simple moving average is $60.52. The firm has a market cap of $2.78 billion, a P/E ratio of 7.35 and a beta of 1.07. Warrior Met Coal has a 52-week low of $49.97 and a 52-week high of $75.53.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. increased its position in shares of Warrior Met Coal by 48.5% during the third quarter. Blue Trust Inc. now owns 551 shares of the company's stock valued at $35,000 after acquiring an additional 180 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in Warrior Met Coal during the 4th quarter valued at $43,000. GAMMA Investing LLC lifted its holdings in shares of Warrior Met Coal by 56.7% during the 4th quarter. GAMMA Investing LLC now owns 989 shares of the company's stock valued at $54,000 after buying an additional 358 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of Warrior Met Coal by 304.1% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,382 shares of the company's stock worth $75,000 after acquiring an additional 1,040 shares during the period. Finally, Wolverine Asset Management LLC lifted its holdings in Warrior Met Coal by 264.4% in the fourth quarter. Wolverine Asset Management LLC now owns 1,741 shares of the company's stock valued at $94,000 after acquiring an additional 2,800 shares during the period. Hedge funds and other institutional investors own 92.28% of the company's stock.

About Warrior Met Coal

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.