UBS Group Forecasts Strong Price Appreciation for Warrior Met Coal (NYSE:HCC) Stock

Warrior Met Coal (NYSE:HCC) had its price objective hoisted by UBS Group from $100.00 to $101.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the stock. UBS Group’s target price would suggest a potential upside of 18.77% from the stock’s current price.

Other research analysts have also recently issued reports about the company. Zacks Research cut Warrior Met Coal from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 5th. Wall Street Zen upgraded Warrior Met Coal from a “hold” rating to a “buy” rating in a report on Sunday, February 15th. B. Riley Financial reissued a “buy” rating on shares of Warrior Met Coal in a research note on Friday, February 13th. Finally, Jefferies Financial Group raised their target price on shares of Warrior Met Coal from $95.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Three 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, Warrior Met Coal presently has an average rating of “Hold” and a consensus target price of $103.25.

Warrior Met Coal Stock Down 0.4%

Shares of Warrior Met Coal stock opened at $85.04 on Thursday. The business has a fifty day simple moving average of $89.77 and a 200 day simple moving average of $77.94. The stock has a market cap of $4.49 billion, a PE ratio of 78.02 and a beta of 0.69. The company has a quick ratio of 2.27, a current ratio of 3.19 and a debt-to-equity ratio of 0.11. 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 released its earnings results on Thursday, February 12th. The company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.62 by ($0.18). Warrior Met Coal had a net margin of 4.35% and a return on equity of 2.71%. The company had revenue of $383.99 million during the quarter, compared to analyst estimates of $381.72 million. During the same period in the previous year, the company posted $0.15 EPS. The company’s quarterly revenue was up 29.1% compared to the same quarter last year. Research analysts predict that Warrior Met Coal will post 4.86 EPS for the current year.

Insider Activity

In other news, insider Kelli K. Gant sold 10,000 shares of the 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 sale, the insider directly owned 70,580 shares of the company’s stock, valued at approximately $7,058,000. This represents a 12.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Walter J. Scheller sold 100,000 shares of Warrior Met Coal stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $100.31, for a total transaction of $10,031,000.00. Following the completion of the transaction, the chief executive officer directly owned 294,183 shares in the company, valued at $29,509,496.73. This trade represents a 25.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Maryland State Retirement & Pension System boosted its position in Warrior Met Coal by 1.6% in the fourth quarter. Maryland State Retirement & Pension System now owns 7,678 shares of the company’s stock valued at $677,000 after buying an additional 121 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Warrior Met Coal by 1.3% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 12,027 shares of the company’s stock valued at $1,060,000 after purchasing an additional 149 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Warrior Met Coal by 12.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,559 shares of the company’s stock worth $99,000 after purchasing an additional 168 shares during the last quarter. Arizona State Retirement System grew its holdings in shares of Warrior Met Coal by 1.4% during the third quarter. Arizona State Retirement System now owns 15,552 shares of the company’s stock worth $990,000 after purchasing an additional 213 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in Warrior Met Coal by 3.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 7,046 shares of the company’s stock valued at $448,000 after buying an additional 216 shares during the last quarter. Institutional investors and hedge funds own 92.28% of the company’s stock.

About Warrior Met Coal

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.