Warrior Met Coal (NYSE:HCC) Stock Price Expected to Rise, UBS Group Analyst Says

Warrior Met Coal (NYSE:HCC) had its price objective increased by analysts at UBS Group from $101.00 to $105.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group’s price target points to a potential upside of 5.86% from the company’s current price.

Several other equities research analysts also recently issued reports on HCC. Citigroup raised their price target on Warrior Met Coal from $80.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, March 18th. Jefferies Financial Group upped their price objective on shares of Warrior Met Coal from $95.00 to $120.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. B. Riley Financial reissued a “buy” rating on shares of Warrior Met Coal in a research report on Friday, February 13th. Zacks Research cut shares of Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen raised shares of Warrior Met Coal from a “hold” rating to a “buy” rating in a report on Sunday, February 15th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Warrior Met Coal has an average rating of “Hold” and an average target price of $103.40.

Warrior Met Coal Price Performance

NYSE:HCC opened at $99.19 on Friday. The company has a quick ratio of 2.27, a current ratio of 3.19 and a debt-to-equity ratio of 0.11. The stock’s 50 day moving average price is $88.60 and its two-hundred day moving average price is $80.35. The firm has a market capitalization of $5.24 billion, a price-to-earnings ratio of 91.00 and a beta of 0.69. Warrior Met Coal has a 12-month low of $38.00 and a 12-month high of $105.35.

Warrior Met Coal (NYSE:HCC) last issued its earnings results on Thursday, February 12th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.18). The business had revenue of $383.99 million for the quarter, compared to the consensus estimate of $381.72 million. Warrior Met Coal had a return on equity of 2.71% and a net margin of 4.35%.The business’s revenue was up 29.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.15 earnings per share. On average, analysts anticipate that Warrior Met Coal will post 4.86 earnings per share for the current year.

Insider Activity at Warrior Met Coal

In other Warrior Met Coal news, insider Kelli K. Gant sold 10,000 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $100.00, for a total transaction of $1,000,000.00. Following the transaction, the insider owned 70,580 shares in the company, valued at $7,058,000. This trade represents a 12.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Walter J. Scheller sold 100,000 shares of Warrior Met Coal stock in a transaction on Monday, January 12th. The shares were sold at an average price of $100.31, for a total value of $10,031,000.00. Following the completion of the transaction, the chief executive officer directly owned 294,183 shares of the company’s stock, valued at $29,509,496.73. This represents a 25.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 2.10% of the company’s stock.

Institutional Trading of Warrior Met Coal

Large investors have recently modified their holdings of the stock. Allianz Asset Management GmbH grew its stake in Warrior Met Coal by 9.2% during the third quarter. Allianz Asset Management GmbH now owns 1,543,673 shares of the company’s stock worth $98,239,000 after buying an additional 130,396 shares in the last quarter. QV Investors Inc. acquired a new position in shares of Warrior Met Coal in the 3rd quarter valued at approximately $10,549,000. Victory Capital Management Inc. raised its position in shares of Warrior Met Coal by 7.3% in the 3rd quarter. Victory Capital Management Inc. now owns 818,593 shares of the company’s stock valued at $52,095,000 after buying an additional 55,416 shares in the last quarter. Affinity Wealth Management LLC bought a new stake in shares of Warrior Met Coal during the 3rd quarter worth approximately $2,167,000. Finally, Capital International Investors lifted its holdings in shares of Warrior Met Coal by 27.1% during the 3rd quarter. Capital International Investors now owns 852,403 shares of the company’s stock worth $54,247,000 after acquiring an additional 181,975 shares during the period. 92.28% of the stock is owned by institutional investors and hedge funds.

Warrior Met Coal Company Profile

Warrior Met Coal (NYSE: HCC) is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama’s Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal’s product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.