February 8, 2024 - Warrior Met Coal (NYSE:HCC) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, February 14th. Analysts expect the company to announce earnings of $3.16 per share for the quarter. Parties that wish to register for the company's conference call can do so using this link. 

Warrior Met Coal Trading Down 2.2 %

Shares of HCC stock opened at $59.57 on Wednesday. The stock has a market cap of $3.10 billion, a price-to-earnings ratio of 6.88 and a beta of 1.13. The stock has a 50-day moving average of $61.69 and a 200-day moving average of $51.47. The company has a current ratio of 7.67, a quick ratio of 6.91 and a debt-to-equity ratio of 0.09. Warrior Met Coal has a 1-year low of $31.97 and a 1-year high of $69.97.

Institutional Trading of Warrior Met Coal

A number of large investors have recently modified their holdings of HCC. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Warrior Met Coal during the first quarter worth $260,000. Mackenzie Financial Corp acquired a new position in shares of Warrior Met Coal in the 1st quarter valued at $258,000. Envestnet Asset Management Inc. acquired a new position in shares of Warrior Met Coal in the 1st quarter valued at $235,000. Maverick Capital Ltd. acquired a new position in shares of Warrior Met Coal in the 1st quarter valued at $217,000. Finally, Prelude Capital Management LLC acquired a new position in shares of Warrior Met Coal in the 3rd quarter valued at $201,000. Hedge funds and other institutional investors own 93.89% of the company's stock. 

Analysts Set New Price Targets

HCC has been the subject of a number of recent research reports. UBS Group began coverage on Warrior Met Coal in a research report on Tuesday, January 16th. They issued a "neutral" rating and a $68.00 target price for the company. BMO Capital Markets upped their price target on Warrior Met Coal from $43.00 to $48.00 and gave the company a "market perform" rating in a research report on Friday, November 3rd. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $56.60.

Warrior Met Coal Company Profile 

Warrior Met Coal, Inc produces and exports non-thermal 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.