Warrior Met Coal Inc (NYSE:HCC) – Investment analysts at Seaport Global Securities lifted their FY2018 earnings per share estimates for shares of Warrior Met Coal in a report issued on Monday, October 15th. Seaport Global Securities analyst M. Levin now forecasts that the company will post earnings of $8.25 per share for the year, up from their prior estimate of $7.60. Seaport Global Securities also issued estimates for Warrior Met Coal’s Q4 2018 earnings at $1.63 EPS and FY2019 earnings at $5.62 EPS.

HCC has been the topic of a number of other research reports. Zacks Investment Research raised Warrior Met Coal from a “hold” rating to a “strong-buy” rating and set a $30.00 target price on the stock in a research note on Wednesday, July 4th. Morgan Stanley upped their target price on Warrior Met Coal from $25.00 to $27.00 and gave the company an “equal weight” rating in a research note on Friday, June 29th. ValuEngine lowered Warrior Met Coal from a “sell” rating to a “strong sell” rating in a research note on Monday, August 13th. B. Riley upped their target price on Warrior Met Coal from $25.00 to $29.00 and gave the company a “neutral” rating in a research note on Wednesday, September 19th. Finally, Citigroup upped their target price on Warrior Met Coal from $25.87 to $33.00 and gave the company a “buy” rating in a research note on Wednesday, July 11th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. Warrior Met Coal has a consensus rating of “Hold” and a consensus target price of $30.44.

HCC stock opened at $29.53 on Wednesday. Warrior Met Coal has a 1 year low of $18.56 and a 1 year high of $33.72. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.02 and a current ratio of 2.53. The company has a market capitalization of $1.43 billion, a P/E ratio of 3.74 and a beta of 0.49.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Wednesday, August 1st. The company reported $1.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.14). Warrior Met Coal had a net margin of 37.56% and a return on equity of 82.44%. The company had revenue of $322.56 million during the quarter, compared to analysts’ expectations of $331.76 million. The firm’s quarterly revenue was down 11.2% on a year-over-year basis.

Several institutional investors have recently modified their holdings of the business. Jane Street Group LLC lifted its stake in shares of Warrior Met Coal by 24.7% during the 2nd quarter. Jane Street Group LLC now owns 15,762 shares of the company’s stock worth $435,000 after purchasing an additional 3,117 shares during the period. Advisory Services Network LLC lifted its stake in shares of Warrior Met Coal by 26.3% during the 2nd quarter. Advisory Services Network LLC now owns 15,570 shares of the company’s stock worth $427,000 after purchasing an additional 3,240 shares during the period. Rhumbline Advisers lifted its stake in shares of Warrior Met Coal by 10.2% during the 2nd quarter. Rhumbline Advisers now owns 36,365 shares of the company’s stock worth $1,003,000 after purchasing an additional 3,363 shares during the period. BNP Paribas Arbitrage SA lifted its stake in shares of Warrior Met Coal by 45.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 10,984 shares of the company’s stock worth $308,000 after purchasing an additional 3,419 shares during the period. Finally, Alps Advisors Inc. increased its holdings in shares of Warrior Met Coal by 21.9% during the 2nd quarter. Alps Advisors Inc. now owns 20,246 shares of the company’s stock worth $558,000 after buying an additional 3,640 shares during the last quarter.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports 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.

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Earnings History and Estimates for Warrior Met Coal (NYSE:HCC)

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