Warrior Met Coal Inc (NYSE: HCC)’s stock price has surge by 5.19relation to previous closing price of 66.12. Nevertheless, the company has seen a 5.14% surge in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-22 that With the disruptions in the global economy, now may be the time to consider coal stocks. Yes, it’s an awfully anachronistic concept.
Is It Worth Investing in Warrior Met Coal Inc (NYSE: HCC) Right Now?
The price-to-earnings ratio for Warrior Met Coal Inc (NYSE: HCC) is above average at 7.56x, Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for HCC is 51.38M, and currently, short sellers hold a 6.00% ratio of that floaft. The average trading volume of HCC on April 26, 2024 was 885.93K shares.
HCC’s Market Performance
HCC’s stock has seen a 5.14% increase for the week, with a 16.95% rise in the past month and a 9.56% gain in the past quarter. The volatility ratio for the week is 3.97%, and the volatility levels for the past 30 days are at 4.54% for Warrior Met Coal Inc The simple moving average for the last 20 days is 11.49% for HCC stock, with a simple moving average of 32.24% for the last 200 days.
Analysts’ Opinion of HCC
Many brokerage firms have already submitted their reports for HCC stocks, with Citigroup repeating the rating for HCC by listing it as a “Buy.” The predicted price for HCC in the upcoming period, according to Citigroup is $75 based on the research report published on April 11, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see HCC reach a price target of $68. The rating they have provided for HCC stocks is “Neutral” according to the report published on January 16th, 2024.
B. Riley Securities gave a rating of “Buy” to HCC, setting the target price at $50 in the report published on September 23rd of the previous year.
HCC Trading at 17.28% from the 50-Day Moving Average
After a stumble in the market that brought HCC to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.28% of gains for the given period.
Volatility was left at 4.54%, however, over the last 30 days, the volatility rate increased by 3.97%, as shares surge +12.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.77% upper at present.
During the last 5 trading sessions, HCC rose by +5.14%, which changed the moving average for the period of 200-days by +71.98% in comparison to the 20-day moving average, which settled at $62.75. In addition, Warrior Met Coal Inc saw 15.08% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HCC starting from SCHUMACHER ALAN H, who purchase 2,000 shares at the price of $58.15 back on Feb 23 ’24. After this action, SCHUMACHER ALAN H now owns 30,270 shares of Warrior Met Coal Inc, valued at $116,300 using the latest closing price.
Williams Stephen D., the Director of Warrior Met Coal Inc, sale 80,000 shares at $45.60 during a trade that took place back on Nov 08 ’23, which means that Williams Stephen D. is holding 21,393 shares at $3,648,000 based on the most recent closing price.
Stock Fundamentals for HCC
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 0.4 for the gross margin
The net margin for Warrior Met Coal Inc stands at 0.29. The total capital return value is set at 0.25. Equity return is now at value 28.82, with 21.83 for asset returns.
Based on Warrior Met Coal Inc (HCC), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 4.05. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is 36.28.
Currently, EBITDA for the company is 716.73 million with net debt to EBITDA at -0.83. When we switch over and look at the enterprise to sales, we see a ratio of 1.83. The receivables turnover for the company is 15.18for trailing twelve months and the total asset turnover is 0.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.11.
Conclusion
In a nutshell, Warrior Met Coal Inc (HCC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
