Analysts Expect Warrior Met Coal Inc (NYSE:HCC) Will Post Earnings of $0.21 Per Share

Equities analysts expect Warrior Met Coal Inc (NYSE:HCC) to post earnings per share (EPS) of $0.21 for the current quarter, Zacks reports. Two analysts have made estimates for Warrior Met Coal’s earnings. The lowest EPS estimate is $0.13 and the highest is $0.28. Warrior Met Coal posted earnings per share of $2.38 in the same quarter last year, which would indicate a negative year over year growth rate of 91.2%. The firm is scheduled to announce its next earnings report after the market closes on Wednesday, February 19th.

On average, analysts expect that Warrior Met Coal will report full-year earnings of $5.61 per share for the current year, with EPS estimates ranging from $5.37 to $5.85. For the next fiscal year, analysts forecast that the company will report earnings of $3.56 per share, with EPS estimates ranging from $3.40 to $3.73. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow Warrior Met Coal.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.79 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.03). The company had revenue of $287.51 million during the quarter, compared to analysts’ expectations of $254.37 million. Warrior Met Coal had a net margin of 46.01% and a return on equity of 52.94%. Warrior Met Coal’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the firm earned $1.06 earnings per share.

Several equities research analysts have issued reports on HCC shares. Clarkson Capital reissued a “buy” rating on shares of Warrior Met Coal in a research report on Monday, September 23rd. ValuEngine cut shares of Warrior Met Coal from a “hold” rating to a “sell” rating in a research report on Tuesday, December 17th. Finally, Zacks Investment Research raised shares of Warrior Met Coal from a “sell” rating to a “hold” rating in a research report on Wednesday, January 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $31.71.

A number of institutional investors have recently added to or reduced their stakes in HCC. Advisor Group Inc. lifted its position in shares of Warrior Met Coal by 170.6% in the 2nd quarter. Advisor Group Inc. now owns 1,510 shares of the company’s stock worth $40,000 after purchasing an additional 952 shares during the period. Bank of Montreal Can purchased a new stake in shares of Warrior Met Coal in the 2nd quarter worth approximately $113,000. Point72 Hong Kong Ltd lifted its position in shares of Warrior Met Coal by 29.3% in the 2nd quarter. Point72 Hong Kong Ltd now owns 6,287 shares of the company’s stock worth $164,000 after purchasing an additional 1,424 shares during the period. Oppenheimer & Co. Inc. purchased a new stake in shares of Warrior Met Coal in the 2nd quarter worth approximately $209,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Warrior Met Coal by 97.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 8,210 shares of the company’s stock worth $214,000 after purchasing an additional 4,047 shares during the period.

Warrior Met Coal stock traded up $0.61 during trading hours on Friday, hitting $23.70. The company had a trading volume of 45,989 shares, compared to its average volume of 649,008. The firm has a market cap of $1.19 billion, a P/E ratio of 2.73 and a beta of 0.54. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.54 and a current ratio of 3.08. Warrior Met Coal has a 1 year low of $17.63 and a 1 year high of $33.49. The company has a 50-day moving average price of $21.03 and a two-hundred day moving average price of $21.49.

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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Earnings History and Estimates for Warrior Met Coal (NYSE:HCC)

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