Alpha Metallurgical Resources (AMR) Stock Price, News & Analysis

Company Overview

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. Alpha Metallurgical Resources, Inc. was incorporated in 2016 and is headquartered in Bristol, Tennessee.

Key Stats

• Today's Range: $212.11 to $216.16
• 50-Day Range: $198.48 to $251.25
• 52-Week Range: $185.00 to $452.00
• Volume: 19,199 shs
• Average Volume: 212,687 shs
• Market Capitalization: $2.81 billion
• P/E Ratio: 7.93
• Dividend Yield: N/A
• Price Target: $336.00
• Consensus Rating: Moderate Buy

Alpha Metallurgical Resources Stock Analysis - MarketRank™

Alpha Metallurgical Resources scored higher than 87% of companies evaluated by MarketBeat, and ranked 59th out of 197 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Alpha Metallurgical Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Alpha Metallurgical Resources has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 141.67%

Earnings Growth

Earnings for Alpha Metallurgical Resources are expected to grow by 141.67% in the coming year, from $16.87 to $40.77 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Alpha Metallurgical Resources is 7.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alpha Metallurgical Resources is 7.93, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 118.20.

Price to Book Value per Share Ratio

Alpha Metallurgical Resources has a P/B Ratio of 2.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.98% of the float of Alpha Metallurgical Resources has been sold short.

Short Interest Ratio / Days to Cover

Alpha Metallurgical Resources has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Alpha Metallurgical Resources has recently increased by 1.80%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Alpha Metallurgical Resources does not currently pay a dividend.

Dividend Growth

Alpha Metallurgical Resources does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Alpha Metallurgical Resources is 7.34%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Alpha Metallurgical Resources will have a dividend payout ratio of 4.91% next year. This indicates that Alpha Metallurgical Resources will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.98% of the float of Alpha Metallurgical Resources has been sold short.

Short Interest Ratio / Days to Cover

Alpha Metallurgical Resources has a short interest ratio ("days to cover") of 5.

Change versus previous month

Short interest in Alpha Metallurgical Resources has recently increased by 1.80%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 4.3 / 5
• News Sentiment: 1.69

News Sentiment

Alpha Metallurgical Resources has a news sentiment score of 1.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Alpha Metallurgical Resources this week, compared to 4 articles on an average week.

Search Interest

12 people have searched for AMR on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.

MarketBeat Follows

4 people have added Alpha Metallurgical Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Alpha Metallurgical Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,429,341.00 in company stock.

Percentage Held by Insiders

15.00% of the stock of Alpha Metallurgical Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

84.29% of the stock of Alpha Metallurgical Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AMR Stock Analysis - Frequently Asked Questions

How have AMR shares performed this year?

Alpha Metallurgical Resources' stock was trading at $338.92 at the beginning of 2024. Since then, AMR shares have decreased by 36.3% and is now trading at $216.00.
View the best growth stocks for 2024 here.

How were Alpha Metallurgical Resources' earnings last quarter?

Alpha Metallurgical Resources, Inc. (NYSE:AMR) announced its earnings results on Friday, November, 1st. The energy company reported $0.29 EPS for the quarter, missing the consensus estimate of $1.60 by $1.31. The company's quarterly revenue was down 9.4% compared to the same quarter last year.

Who are Alpha Metallurgical Resources' major shareholders?

Top institutional shareholders of Alpha Metallurgical Resources include Pacer Advisors Inc. (6.13%), State Street Corp (5.34%), Geode Capital Management LLC (1.92%) and Charles Schwab Investment Management Inc. (1.25%). Insiders that own company stock include Kenneth S Courtis, Charles Andrew Eidson, David J Stetson, Jason E Whitehead, Daniel E Horn, Roger Lee Nicholson, Elizabeth Anne Fessenden and Scott D Vogel.
View institutional ownership trends.

How do I buy shares of Alpha Metallurgical Resources?

Shares of AMR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Alpha Metallurgical Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alpha Metallurgical Resources investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 11/01/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Bituminous coal & lignite - surface mining
• Sub-Industry: Coal
• Current Symbol: NYSE:AMR
• Previous Symbol: OTC:CNTE
• CUSIP: N/A
• CIK: 1704715
• Web: www.conturaenergy.com
• Phone: (423) 573-0300
• Fax: N/A
• Employees: 4,160
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $336.00
• High Stock Price Target: $336.00
• Low Stock Price Target: $336.00
• Potential Upside/Downside: +58.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $27.25
• Trailing P/E Ratio: 7.76
• Forward P/E Ratio: 12.53
• P/E Growth: N/A
• Net Income: $721.96 million
• Net Margins: 11.08%
• Pretax Margin: 12.41%
• Return on Equity: 22.65%
• Return on Assets: 14.87%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.59
• Quick Ratio: 2.93

Sales & Book Value

• Annual Sales: $3.30 billion
• Price / Sales: 0.83
• Cash Flow: $54.63 per share
• Price / Cash Flow: 3.87
• Book Value: $103.75 per share
• Price / Book: 2.04

Miscellaneous

• Outstanding Shares: 13,016,000
• Free Float: 11,064,000
• Market Cap: $2.75 billion
• Optionable: Optionable
• Beta: 1.46