News stories about Warrior Met Coal (NYSE:HCC) have trended somewhat positive on Wednesday, according to Accern Sentiment. Accern identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Warrior Met Coal earned a coverage optimism score of 0.18 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.4613910092786 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
Shares of Warrior Met Coal (NYSE HCC) opened at $31.79 on Wednesday. The company has a market capitalization of $1,700.00 and a P/E ratio of 3.69. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.48 and a quick ratio of 1.98. Warrior Met Coal has a 12 month low of $15.10 and a 12 month high of $33.72.
Warrior Met Coal (NYSE:HCC) last released its earnings results on Wednesday, February 14th. The company reported $1.16 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.00 by $0.16. The firm had revenue of $239.80 million for the quarter, compared to analysts’ expectations of $227.72 million. Warrior Met Coal had a return on equity of 61.78% and a net margin of 38.92%. equities research analysts expect that Warrior Met Coal will post 5.17 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, March 2nd. Shareholders of record on Friday, February 23rd were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.63%. The ex-dividend date was Thursday, February 22nd. Warrior Met Coal’s payout ratio is 2.32%.
Several equities analysts have recently weighed in on the company. ValuEngine cut Warrior Met Coal from a “buy” rating to a “hold” rating in a report on Wednesday. Royal Bank of Canada set a $33.00 price objective on Warrior Met Coal and gave the company a “hold” rating in a report on Friday, February 23rd. Citigroup upgraded Warrior Met Coal from a “neutral” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Thursday, February 22nd. BMO Capital Markets lifted their price objective on Warrior Met Coal to $39.00 and gave the company a “buy” rating in a report on Thursday, February 15th. Finally, Zacks Investment Research upgraded Warrior Met Coal from a “hold” rating to a “strong-buy” rating and set a $31.00 price objective on the stock in a report on Monday, February 12th. Seven analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $28.58.
In other Warrior Met Coal news, insider Kelli K. Gant sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The stock was sold at an average price of $30.98, for a total value of $619,600.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Walter J. Scheller sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, March 1st. The shares were sold at an average price of $30.98, for a total value of $1,549,000.00. The disclosure for this sale can be found here. Insiders sold a total of 142,097 shares of company stock worth $4,461,619 in the last 90 days.
About Warrior Met Coal
Warrior Met Coal, Inc, formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. These underground coalmines are 1,400 to 2,100 feet underground. Its operations serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.