Warrior Met Coal Inc (NYSE: HCC) has a higher price-to-earnings ratio of 7.93x compared to its average ratio, The 36-month beta value for HCC is at 1.05. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 as “hold,” and 1 as “sell.”
The public float for HCC is 51.37M, and currently, shorts hold a 6.01% of that float. The average trading volume for HCC on May 10, 2024 was 911.50K shares.
HCC) stock’s latest price update
Warrior Met Coal Inc (NYSE: HCC) has seen a rise in its stock price by 1.71 in relation to its previous close of 64.82. However, the company has experienced a 0.67% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-01 that Warrior Met Coal, Inc. (NYSE:HCC ) Q1 2024 Results Conference Call May 1, 2024 4:30 PM ET Company Participants Walt Scheller – Chief Executive Officer Dale Boyles – Chief Financial Officer Conference Call Participants Lucas Pipes – B. Riley Securities Nathan Martin – The Benchmark Company Katja Jancic – BMO Capital Markets Operator Good afternoon.
HCC’s Market Performance
Warrior Met Coal Inc (HCC) has experienced a 0.67% rise in stock performance for the past week, with a 6.79% rise in the past month, and a 10.14% rise in the past quarter. The volatility ratio for the week is 4.00%, and the volatility levels for the past 30 days are at 4.74% for HCC. The simple moving average for the past 20 days is -0.70% for HCC’s stock, with a 22.10% simple moving average for the past 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 7.68% 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 unable to rebound, for now settling with -8.32% of loss for the given period.
Volatility was left at 4.74%, however, over the last 30 days, the volatility rate increased by 4.00%, as shares surge +4.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.52% upper at present.
During the last 5 trading sessions, HCC rose by +0.67%, which changed the moving average for the period of 200-days by +55.50% in comparison to the 20-day moving average, which settled at $66.54. In addition, Warrior Met Coal Inc saw 9.09% 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:
- 0.29 for the present operating margin
- 0.34 for the gross margin
The net margin for Warrior Met Coal Inc stands at 0.26. The total capital return value is set at 0.21. Equity return is now at value 24.37, with 18.72 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 3.72. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -26.29.
Currently, EBITDA for the company is 716.73 million with net debt to EBITDA at -0.84. When we switch over and look at the enterprise to sales, we see a ratio of 1.75. The receivables turnover for the company is 7.83for trailing twelve months and the total asset turnover is 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.86.
Conclusion
In conclusion, Warrior Met Coal Inc (HCC) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
