Alpha Metallurgical Resources (NYSE:AMR) Shares Gap Down - Time to Sell?

Key Points

• Alpha Metallurgical Resources shares gapped down Friday, opening at $191.00 after a $198.91 close and trading down roughly 5.3% with about 71,811 shares changing hands; the stock sits near its 50‑day ($191.24) and 200‑day ($189.47) moving averages.
• Analyst sentiment is tepid—five Holds and one Sell translate to an average rating of “Reduce” and a consensus price target of $196, with recent targets ranging roughly $185–$207.
• Recent fundamentals show EPS of ($1.34) matching estimates but revenue missed at $436.3M versus $538.5M (down 15.7% y/y) and negative net margins, while insiders have been active—purchases totaling 58,000 shares in the last 90 days (insiders own 18.2%).

Alpha Metallurgical Resources, Inc. (NYSE:AMR - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $198.91, but opened at $191.00. Alpha Metallurgical Resources shares last traded at $190.5650, with a volume of 71,811 shares traded.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Weiss Ratings reissued a "sell (d)" rating on shares of Alpha Metallurgical Resources in a research note on Friday, March 27th. Zacks Research raised shares of Alpha Metallurgical Resources from a "strong sell" rating to a "hold" rating in a research note on Monday, April 6th. Jefferies Financial Group reissued a "hold" rating and issued a $185.00 target price on shares of Alpha Metallurgical Resources in a research note on Monday, March 2nd. Texas Capital downgraded shares of Alpha Metallurgical Resources from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 29th. Finally, B. Riley Financial lifted their price target on Alpha Metallurgical Resources from $203.00 to $207.00 and gave the company a "neutral" rating in a report on Thursday, March 5th. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Alpha Metallurgical Resources has an average rating of "Reduce" and a consensus price target of $196.00.

Alpha Metallurgical Resources Stock Down 5.3%

The firm has a market cap of $2.41 billion, a PE ratio of -39.66 and a beta of 0.73. The stock has a fifty day moving average price of $191.24 and a 200-day moving average price of $189.47. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.53 and a current ratio of 4.47.

Alpha Metallurgical Resources (NYSE:AMR - Get Free Report) last released its quarterly earnings results on Friday, February 27th. The energy company reported ($1.34) earnings per share for the quarter, hitting analysts' consensus estimates of ($1.34). The firm had revenue of $436.33 million during the quarter, compared to analysts' expectations of $538.45 million. Alpha Metallurgical Resources had a negative return on equity of 3.88% and a negative net margin of 2.90%.Alpha Metallurgical Resources's quarterly revenue was down 15.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.16) EPS. Research analysts expect that Alpha Metallurgical Resources, Inc. will post 18.43 EPS for the current year.

Insiders Place Their Bets

In other Alpha Metallurgical Resources news, insider Daniel E. Horn sold 971 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $170.05, for a total value of $165,118.55. Following the sale, the insider directly owned 7,320 shares of the company's stock, valued at $1,244,766. This trade represents a 11.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Kenneth S. Courtis bought 25,000 shares of the company's stock in a transaction on Monday, March 9th. The stock was bought at an average cost of $176.23 per share, for a total transaction of $4,405,750.00. Following the completion of the transaction, the director directly owned 841,537 shares of the company's stock, valued at $148,304,065.51. This trade represents a 3.06% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 58,000 shares of company stock worth $10,530,610 in the last 90 days. 18.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. First Citizens Bank & Trust Co. grew its stake in shares of Alpha Metallurgical Resources by 1.8% in the fourth quarter. First Citizens Bank & Trust Co. now owns 4,058 shares of the energy company's stock worth $811,000 after purchasing an additional 72 shares in the last quarter. ProShare Advisors LLC grew its stake in shares of Alpha Metallurgical Resources by 3.3% in the fourth quarter. ProShare Advisors LLC now owns 2,266 shares of the energy company's stock worth $453,000 after purchasing an additional 73 shares in the last quarter. Mainstay Capital Management LLC ADV grew its stake in shares of Alpha Metallurgical Resources by 5.9% in the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,326 shares of the energy company's stock worth $265,000 after purchasing an additional 74 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Alpha Metallurgical Resources by 1.2% in the second quarter. The Manufacturers Life Insurance Company now owns 6,256 shares of the energy company's stock worth $704,000 after purchasing an additional 76 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of Alpha Metallurgical Resources by 2.0% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 3,907 shares of the energy company's stock worth $781,000 after purchasing an additional 78 shares in the last quarter. Institutional investors own 84.29% of the company's stock.

About Alpha Metallurgical Resources

Alpha Metallurgical Resources, Inc NYSE: AMR is a leading pure-play producer of high-grade metallurgical coal, primarily serving the global steelmaking industry. Headquartered in Bristol, Virginia, the company operates multiple underground and surface mining complexes across the central Appalachian and Illinois basins. Its production portfolio focuses on premium raw and semi-soft coking coal products tailored to meet the specifications of steel producers worldwide.

Formed in July 2021 through the spin-out of Contura Energy's metallurgical coal business, Alpha Metallurgical Resources has built a reputation for operational excellence and cost-efficient mining.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.