Warrior Met Coal (NYSE:HCC) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Tuesday, ValuEngine reports.

A number of other research firms also recently commented on HCC. Zacks Investment Research downgraded Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 5th. Clarkson Capital reiterated a “buy” rating on shares of Warrior Met Coal in a research report on Monday, September 23rd. B. Riley set a $30.00 target price on Warrior Met Coal and gave the stock a “hold” rating in a research report on Thursday, August 22nd. Finally, Jefferies Financial Group downgraded Warrior Met Coal from a “buy” rating to a “hold” rating and decreased their target price for the stock from $38.00 to $22.00 in a research report on Tuesday, August 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $31.88.

HCC opened at $20.50 on Tuesday. The business’s fifty day moving average is $20.40 and its two-hundred day moving average is $22.74. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.54 and a current ratio of 3.08. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 2.36 and a beta of 0.55. Warrior Met Coal has a one year low of $17.63 and a one year high of $33.49.

Warrior Met Coal (NYSE:HCC) last posted its earnings results on Wednesday, October 30th. The company reported $0.79 EPS for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.03). The firm had revenue of $287.51 million for the quarter, compared to analysts’ expectations of $254.37 million. Warrior Met Coal had a return on equity of 52.94% and a net margin of 46.01%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.06 earnings per share. On average, analysts predict that Warrior Met Coal will post 5.65 EPS for the current fiscal year.

Several large investors have recently modified their holdings of the company. BlackRock Inc. lifted its position in shares of Warrior Met Coal by 18.8% in the second quarter. BlackRock Inc. now owns 3,450,941 shares of the company’s stock valued at $90,139,000 after acquiring an additional 547,190 shares in the last quarter. State Street Corp lifted its position in shares of Warrior Met Coal by 12.4% in the third quarter. State Street Corp now owns 2,420,670 shares of the company’s stock valued at $47,251,000 after acquiring an additional 266,783 shares in the last quarter. Acadian Asset Management LLC lifted its position in shares of Warrior Met Coal by 8.6% in the second quarter. Acadian Asset Management LLC now owns 1,893,290 shares of the company’s stock valued at $49,454,000 after acquiring an additional 150,325 shares in the last quarter. Citadel Advisors LLC lifted its position in shares of Warrior Met Coal by 59.4% in the second quarter. Citadel Advisors LLC now owns 1,477,894 shares of the company’s stock valued at $38,602,000 after acquiring an additional 550,523 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Warrior Met Coal by 30.0% in the second quarter. JPMorgan Chase & Co. now owns 1,398,931 shares of the company’s stock valued at $36,023,000 after acquiring an additional 322,975 shares in 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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Analyst Recommendations for Warrior Met Coal (NYSE:HCC)

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