UBS Group Issues Positive Forecast for Warrior Met Coal (NYSE:HCC) Stock Price

Key Points

• UBS raised its price target on Warrior Met Coal to $101 and kept a "buy" rating, implying about an 18.23% upside from the current price.
• Analyst opinions are mixed — Jefferies lifted its target to $120 and several firms upgraded, while Zacks cut to a "strong sell"; the MarketBeat consensus remains a "Hold" with an average price target of $103.25.
• Warrior Met missed EPS for the quarter ($0.44 vs. $0.62 est.) despite revenue rising 29.1% YoY to $383.99M, and insiders (including the CEO) sold significant shares in January, leaving insiders with about 2.10% ownership.

Warrior Met Coal (NYSE:HCC - Get Free Report) had its price objective hoisted by research analysts at UBS Group from $100.00 to $101.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a "buy" rating on the stock. UBS Group's price target suggests a potential upside of 18.23% from the company's current price.

Several other research analysts have also recently weighed in on HCC. Zacks Research cut shares of Warrior Met Coal from a "hold" rating to a "strong sell" rating in a research report on Thursday, February 5th. Jefferies Financial Group boosted their price objective on Warrior Met Coal from $95.00 to $120.00 and gave the company a "buy" rating in a research report on Tuesday, January 20th. Wall Street Zen upgraded shares of Warrior Met Coal from a "hold" rating to a "buy" rating in a report on Sunday, February 15th. Finally, B. Riley Financial reaffirmed a "buy" rating on shares of Warrior Met Coal in a research note on Friday, February 13th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Warrior Met Coal presently has an average rating of "Hold" and a consensus price target of $103.25.

Warrior Met Coal Stock Up 0.9%

Shares of HCC traded up $0.74 on Thursday, reaching $85.43. The company's stock had a trading volume of 605,162 shares, compared to its average volume of 983,737. Warrior Met Coal has a twelve month low of $38.00 and a twelve month high of $105.35. The company has a current ratio of 3.19, a quick ratio of 2.27 and a debt-to-equity ratio of 0.11. The firm has a fifty day moving average of $89.92 and a 200-day moving average of $77.71. The stock has a market capitalization of $4.49 billion, a PE ratio of 78.37 and a beta of 0.69.

Warrior Met Coal (NYSE:HCC - Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.62 by ($0.18). The business had revenue of $383.99 million during the quarter, compared to the consensus estimate of $381.72 million. Warrior Met Coal had a net margin of 4.35% and a return on equity of 2.71%. The firm's revenue for the quarter was up 29.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.15 EPS. Equities analysts predict that Warrior Met Coal will post 4.86 EPS for the current year.

Insider Buying and Selling at Warrior Met Coal

In other Warrior Met Coal news, insider Kelli K. Gant sold 10,000 shares of the business's stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $100.00, for a total value of $1,000,000.00. Following the completion of the transaction, the insider owned 70,580 shares of the company's stock, valued at approximately $7,058,000. The trade was a 12.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Walter J. Scheller sold 100,000 shares of the company's stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $100.31, for a total transaction of $10,031,000.00. Following the transaction, the chief executive officer owned 294,183 shares in the company, valued at $29,509,496.73. This represents a 25.37% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. purchased a new stake in shares of Warrior Met Coal in the 4th quarter worth $31,000. EverSource Wealth Advisors LLC lifted its position in Warrior Met Coal by 217.2% during the second quarter. EverSource Wealth Advisors LLC now owns 682 shares of the company's stock valued at $31,000 after purchasing an additional 467 shares in the last quarter. Parallel Advisors LLC grew its holdings in Warrior Met Coal by 272.1% during the fourth quarter. Parallel Advisors LLC now owns 413 shares of the company's stock valued at $36,000 after purchasing an additional 302 shares during the period. IFP Advisors Inc bought a new stake in Warrior Met Coal during the fourth quarter valued at about $37,000. Finally, Hantz Financial Services Inc. increased its position in Warrior Met Coal by 266.1% in the third quarter. Hantz Financial Services Inc. now owns 626 shares of the company's stock worth $40,000 after buying an additional 455 shares in the last quarter. Institutional investors own 92.28% of the company's stock.

Warrior Met Coal Company Profile

Warrior Met Coal NYSE: HCC is a leading producer of premium metallurgical coal, operating deep underground mining complexes in Central Alabama's Blue Creek and Brookwood mining districts. The company focuses exclusively on the extraction and sale of high-grade hard coking coal, a critical raw material used in steel production. Its mining operations harness longwall mining technology and rigorous safety protocols to deliver consistent coal quality to customers worldwide.

Warrior Met Coal's product portfolio centers on premium hard coking coal, semisoft coking coal, and pulverized coal injection (PCI) products.

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