
American Resources Corporation (NASDAQ:AREC – Free Report) – William Blair increased their FY2025 earnings estimates for shares of American Resources in a note issued to investors on Wednesday, November 19th. William Blair analyst N. Dingmann now forecasts that the company will earn ($0.36) per share for the year, up from their prior forecast of ($0.47). William Blair currently has a “Outperform” rating on the stock. The consensus estimate for American Resources’ current full-year earnings is ($0.38) per share. William Blair also issued estimates for American Resources’ Q4 2025 earnings at ($0.12) EPS, FY2026 earnings at ($0.11) EPS, FY2027 earnings at $0.36 EPS, FY2028 earnings at $1.34 EPS and FY2029 earnings at $2.24 EPS.
A number of other research analysts have also recently issued reports on AREC. Weiss Ratings reiterated a “sell (d-)” rating on shares of American Resources in a report on Wednesday, October 8th. Wall Street Zen downgraded American Resources from a “hold” rating to a “sell” rating in a research note on Saturday. D Boral Capital raised American Resources to a “strong-buy” rating in a report on Monday, September 15th. Roth Capital reissued a “buy” rating and issued a $5.00 price objective on shares of American Resources in a research note on Monday, October 13th. Finally, D. Boral Capital initiated coverage on American Resources in a research report on Monday, September 15th. They set a “buy” rating and a $6.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $5.50.
American Resources Trading Up 4.7%
Shares of AREC stock opened at $2.67 on Friday. The firm has a fifty day simple moving average of $3.55 and a two-hundred day simple moving average of $2.01. American Resources has a 12 month low of $0.38 and a 12 month high of $7.11. The firm has a market capitalization of $270.72 million, a PE ratio of -6.51 and a beta of 1.15.
American Resources (NASDAQ:AREC – Get Free Report) last issued its earnings results on Friday, November 14th. The company reported ($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.05. The firm had revenue of $0.05 million for the quarter, compared to analyst estimates of $0.01 million.
Institutional Investors Weigh In On American Resources
A number of hedge funds have recently modified their holdings of AREC. Virtu Financial LLC grew its holdings in American Resources by 271.3% during the first quarter. Virtu Financial LLC now owns 101,913 shares of the company’s stock valued at $48,000 after purchasing an additional 74,464 shares during the period. Creative Planning lifted its position in shares of American Resources by 65.5% during the 2nd quarter. Creative Planning now owns 37,892 shares of the company’s stock valued at $31,000 after buying an additional 15,000 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of American Resources by 86,418.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 122,856 shares of the company’s stock valued at $102,000 after buying an additional 122,714 shares during the last quarter. XTX Topco Ltd bought a new position in shares of American Resources during the 2nd quarter worth $33,000. Finally, Jane Street Group LLC purchased a new stake in American Resources in the 2nd quarter worth about $139,000. Institutional investors own 9.32% of the company’s stock.
Insider Buying and Selling
In other American Resources news, major shareholder Properties Ltd. Golden sold 290,000 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $4.13, for a total value of $1,197,700.00. Following the transaction, the insider directly owned 10,288,832 shares in the company, valued at $42,492,876.16. The trade was a 2.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 2,564,818 shares of company stock valued at $10,405,579 over the last 90 days. Insiders own 16.80% of the company’s stock.
About American Resources
American Resources Corporation, together with its subsidiaries, extracts, processes, transports, and sells metallurgical coal to the steel and industrial industries. It supplies raw materials; and sells coal used in pulverized coal injections. The company was founded in 2006 and is headquartered in Fishers, Indiana.
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