B. Riley Issues Positive Forecast for Hallador Energy (NASDAQ:HNRG) Stock Price

Hallador Energy (NASDAQ:HNRG - Free Report) had its target price increased by B. Riley from $13.00 to $15.00 in a research note published on Tuesday,Benzinga reports. B. Riley currently has a buy rating on the energy company's stock. B. Riley also issued estimates for Hallador Energy's Q1 2025 earnings at ($0.16) EPS, Q2 2025 earnings at ($0.16) EPS, Q3 2025 earnings at ($0.16) EPS, Q4 2025 earnings at ($0.16) EPS, FY2025 earnings at ($0.63) EPS, FY2026 earnings at $0.50 EPS, FY2027 earnings at $1.03 EPS and FY2028 earnings at $0.82 EPS.

Several other equities research analysts have also weighed in on the company. StockNews.com raised Hallador Energy to a "sell" rating in a research report on Friday, March 21st. Alliance Global Partners began coverage on shares of Hallador Energy in a report on Monday, December 9th. They issued a "buy" rating and a $17.00 price objective on the stock.

Hallador Energy Stock Performance

Shares of NASDAQ:HNRG traded down $0.92 on Tuesday, reaching $10.30. 796,265 shares of the company's stock were exchanged, compared to its average volume of 523,514. The business's 50-day moving average is $10.90 and its two-hundred day moving average is $11.02. The company has a quick ratio of 0.17, a current ratio of 0.58 and a debt-to-equity ratio of 0.16. Hallador Energy has a fifty-two week low of $4.33 and a fifty-two week high of $14.00. The firm has a market capitalization of $438.98 million, a price-to-earnings ratio of -18.73 and a beta of 0.55.

Hallador Energy (NASDAQ:HNRG - Get Free Report) last released its quarterly earnings data on Monday, March 17th. The energy company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.01. Hallador Energy had a negative net margin of 4.85% and a negative return on equity of 6.71%. The firm had revenue of $94.80 million for the quarter, compared to analyst estimates of $102.46 million. As a group, equities research analysts forecast that Hallador Energy will post -0.31 EPS for the current year.

Institutional Trading of Hallador Energy

Large investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in Hallador Energy by 10.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,883,814 shares of the energy company's stock worth $21,569,000 after acquiring an additional 173,749 shares during the period. Vanguard Group Inc. lifted its holdings in Hallador Energy by 13.9% in the fourth quarter. Vanguard Group Inc. now owns 1,627,909 shares of the energy company's stock worth $18,640,000 after purchasing an additional 198,790 shares during the period. Empyrean Capital Partners LP grew its position in Hallador Energy by 71.0% in the 4th quarter. Empyrean Capital Partners LP now owns 1,325,000 shares of the energy company's stock valued at $15,171,000 after buying an additional 550,000 shares in the last quarter. Point72 Asset Management L.P. grew its position in Hallador Energy by 4,460.2% in the 4th quarter. Point72 Asset Management L.P. now owns 1,097,500 shares of the energy company's stock valued at $12,566,000 after buying an additional 1,073,433 shares in the last quarter. Finally, Apis Capital Advisors LLC increased its stake in Hallador Energy by 106.9% during the 4th quarter. Apis Capital Advisors LLC now owns 898,000 shares of the energy company's stock valued at $10,282,000 after buying an additional 464,000 shares during the period. 61.38% of the stock is currently owned by institutional investors and hedge funds.

About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the production of steam coal in the State of Indiana for the electric power generation industry. The company owns the Oaktown Mine 1 and Oaktown Mine 2 underground mines in Oaktown; Freelandville Center Pit surface mine in Freelandville; and Prosperity Surface mine in Petersburg, Indiana.