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: $233.65 to $241.22
• 50-Day Range: $188.50 to $241.88
• 52-Week Range: $185.00 to $452.00
• Volume: 130,475 shs
• Average Volume: 183,151 shs
• Market Capitalization: $3.07 billion
• P/E Ratio: 8.65
• Dividend Yield: N/A
• Price Target: $336.00
• Consensus Rating: Moderate Buy

Alpha Metallurgical Resources Stock Analysis - MarketRank™

Alpha Metallurgical Resources scored higher than 82% of companies evaluated by MarketBeat, and ranked 57th out of 189 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 2 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 8.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.57.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alpha Metallurgical Resources is 8.65, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 111.54.

Price to Book Value per Share Ratio

Alpha Metallurgical Resources has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

8.55% 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 4.2.

Change versus previous month

Short interest in Alpha Metallurgical Resources has recently decreased by 6.85%, indicating that investor sentiment is improving significantly.

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

8.55% 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 4.2.

Change versus previous month

Short interest in Alpha Metallurgical Resources has recently decreased by 6.85%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.02

News Sentiment

Alpha Metallurgical Resources has a news sentiment score of -0.02. 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 lower news sentiment than the 0.38 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

Only 6 people have searched for AMR on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Alpha Metallurgical Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Alpha Metallurgical Resources insiders have not sold or bought any 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 start of the year. Since then, AMR shares have decreased by 30.5% and is now trading at $235.65.
View the best growth stocks for 2024 here.

How were Alpha Metallurgical Resources' earnings last quarter?

Alpha Metallurgical Resources, Inc. (NYSE:AMR) issued its quarterly earnings data on Friday, November, 1st. The energy company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $1.60 by $1.31. The company's revenue for the quarter was down 9.4% on a year-over-year basis.

Who are Alpha Metallurgical Resources' major shareholders?

Top institutional investors of Alpha Metallurgical Resources include Pacer Advisors Inc. (6.13%), Charles Schwab Investment Management Inc. (1.25%), Principal Financial Group Inc. (0.40%) and Public Sector Pension Investment Board (0.18%). 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, Scott D Vogel and Albert E Ferrara Jr.
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: 11/15/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/24/2025

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: +42.6%
• 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: 8.65
• Forward P/E Ratio: 13.97
• 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: 0.93
• Cash Flow: $58.77 per share
• Price / Cash Flow: 4.01
• Book Value: $126.82 per share
• Price / Book: 1.86

Miscellaneous

• Outstanding Shares: 13,016,000
• Free Float: 11,064,000
• Market Cap: $3.07 billion
• Optionable: Optionable
• Beta: 1.33