The stock of Warrior Met Coal Inc (NYSE: HCC) has increased by 5.29 when compared to last closing price of 52.40. Despite this, the company has experienced a 2.79% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-28 that Warrior Met Coal focuses on exporting metallurgical coal from Alabama, with strong production capabilities and a promising Blue Creek project expected to boost output in 2026. Q2 2024 results showed declines in EBITDA and net income due to weak coking coal prices, but Warrior maintains a robust balance sheet with $709M in cash. Despite lower shareholder returns and no recent buybacks, Blue Creek’s future production and cost benefits present a significant upside for long-term investors.
Is It Worth Investing in Warrior Met Coal Inc (NYSE: HCC) Right Now?
Warrior Met Coal Inc (NYSE: HCC) has a price-to-earnings ratio that is above its average at 6.82x. The stock has a 36-month beta value of 1.04. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The public float for HCC is 51.35M, and at present, short sellers hold a 9.00% of that float. On September 20, 2024, the average trading volume of HCC was 795.10K shares.
HCC’s Market Performance
The stock of Warrior Met Coal Inc (HCC) has seen a 2.79% increase in the past week, with a -5.27% drop in the past month, and a -16.99% fall in the past quarter. The volatility ratio for the week is 3.61%, and the volatility levels for the past 30 days are at 3.95% for HCC. The simple moving average for the last 20 days is -1.53% for HCC stock, with a simple moving average of -11.19% 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 -10.21% 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 -26.96% of loss for the given period.
Volatility was left at 3.95%, however, over the last 30 days, the volatility rate increased by 3.61%, as shares sank -7.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.05% lower at present.
During the last 5 trading sessions, HCC rose by +2.79%, which changed the moving average for the period of 200-days by -5.47% in comparison to the 20-day moving average, which settled at $55.79. In addition, Warrior Met Coal Inc saw -8.71% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HCC starting from SCHELLER WALTER J, who sale 23,148 shares at the price of $75.15 back on Jul 03 ’24. After this action, SCHELLER WALTER J now owns 340,485 shares of Warrior Met Coal Inc, valued at $1,739,572 using the latest closing price.
Gant Kelli K., the CHIEF ADMINISTRATIVE OFFICER of Warrior Met Coal Inc, sale 10,000 shares at $75.06 during a trade that took place back on Jul 03 ’24, which means that Gant Kelli K. is holding 61,678 shares at $750,600 based on the most recent closing price.
Stock Fundamentals for HCC
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.31 for the gross margin
The net margin for Warrior Met Coal Inc stands at 0.25. The total capital return value is set at 0.19. Equity return is now at value 22.75, with 17.56 for asset returns.
Based on Warrior Met Coal Inc (HCC), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at 3.82. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -19.58.
Currently, EBITDA for the company is 716.73 million with net debt to EBITDA at -0.9. When we switch over and look at the enterprise to sales, we see a ratio of 1.39. The receivables turnover for the company is 9.24for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.37.
Conclusion
To sum up, Warrior Met Coal Inc (HCC) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
