Analysts Set Expectations for AMR FY2027 Earnings

Alpha Metallurgical Resources, Inc. (NYSE:AMR - Free Report) - Stock analysts at B. Riley issued their FY2027 EPS estimates for Alpha Metallurgical Resources in a report released on Tuesday, March 4th. B. Riley analyst N. Giles forecasts that the energy company will post earnings per share of $39.58 for the year. The consensus estimate for Alpha Metallurgical Resources' current full-year earnings is $14.31 per share.

Alpha Metallurgical Resources Stock Performance

Shares of Alpha Metallurgical Resources stock traded up $3.91 on Thursday, hitting $136.70. 383,470 shares of the company traded hands, compared to its average volume of 215,354. The stock has a market capitalization of $1.78 billion, a P/E ratio of 5.02 and a beta of 1.50. The business has a 50-day simple moving average of $176.62 and a 200 day simple moving average of $206.37. Alpha Metallurgical Resources has a 52 week low of $125.81 and a 52 week high of $371.37.

Alpha Metallurgical Resources (NYSE:AMR - Get Free Report) last posted its quarterly earnings results on Friday, February 28th. The energy company reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.09). The firm had revenue of $617.30 million during the quarter, compared to the consensus estimate of $658.20 million. Alpha Metallurgical Resources had a return on equity of 22.65% and a net margin of 11.08%. The business's revenue for the quarter was down 35.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $12.88 earnings per share.

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Institutional Investors Weigh In On Alpha Metallurgical Resources

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. boosted its position in shares of Alpha Metallurgical Resources by 30.2% during the third quarter. Pacer Advisors Inc. now owns 798,584 shares of the energy company's stock valued at $188,610,000 after buying an additional 185,376 shares during the period. Norges Bank purchased a new stake in shares of Alpha Metallurgical Resources during the fourth quarter valued at about $26,332,000. Jacobs Levy Equity Management Inc. acquired a new stake in Alpha Metallurgical Resources in the fourth quarter valued at approximately $6,958,000. American Century Companies Inc. grew its stake in shares of Alpha Metallurgical Resources by 9.8% during the fourth quarter. American Century Companies Inc. now owns 359,006 shares of the energy company's stock worth $71,844,000 after acquiring an additional 32,027 shares during the last quarter. Finally, Nomura Holdings Inc. raised its stake in shares of Alpha Metallurgical Resources by 1,706.0% in the fourth quarter. Nomura Holdings Inc. now owns 30,702 shares of the energy company's stock worth $6,144,000 after purchasing an additional 29,002 shares during the last quarter. 84.29% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Alpha Metallurgical Resources news, Director Kenneth S. Courtis sold 10,621 shares of Alpha Metallurgical Resources stock in a transaction on Friday, December 13th. The shares were sold at an average price of $228.73, for a total value of $2,429,341.33. Following the completion of the transaction, the director now directly owns 603,342 shares of the company's stock, valued at $138,002,415.66. This trade represents a 1.73 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 15.00% of the stock is owned by company insiders.

About Alpha Metallurgical Resources

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.