Warrior Met Coal (NYSE:HCC) Upgraded at Zacks Research

Key Points

• Zacks Research upgraded Warrior Met Coal (HCC) from a "strong sell" to a "hold" in its latest report.
• Multiple brokerages have raised ratings and price targets, leaving HCC with a consensus rating of "Moderate Buy" and a consensus price target of $103.40, while the stock traded around $92.73 with a 1‑year high of $105.35.
• Warrior Met missed quarterly EPS ($0.44 vs. $0.62 consensus) despite revenue rising 29.1% year‑over‑year to $384M, and the CEO sold 100,000 shares (about $10.03M), reducing his stake by roughly 25%.

Warrior Met Coal (NYSE:HCC - Get Free Report) was upgraded by Zacks Research from a "strong sell" rating to a "hold" rating in a research report issued on Monday,Zacks.com reports.

HCC has been the subject of several other research reports. Jefferies Financial Group increased their price objective on Warrior Met Coal from $95.00 to $120.00 and gave the stock a "buy" rating in a report on Tuesday, January 20th. UBS Group increased their price objective on Warrior Met Coal from $101.00 to $105.00 and gave the stock a "buy" rating in a report on Friday, March 27th. B. Riley Financial reiterated a "buy" rating on shares of Warrior Met Coal in a report on Friday, February 13th. Citigroup increased their price objective on Warrior Met Coal from $80.00 to $100.00 and gave the stock a "buy" rating in a report on Wednesday, March 18th. Finally, Wall Street Zen upgraded Warrior Met Coal from a "hold" rating to a "buy" rating in a report on Sunday, February 15th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Warrior Met Coal has a consensus rating of "Moderate Buy" and a consensus price target of $103.40.

Warrior Met Coal Price Performance

HCC opened at $92.73 on Monday. The stock's 50 day simple moving average is $88.18 and its 200 day simple moving average is $82.08. The company has a debt-to-equity ratio of 0.11, a current ratio of 3.19 and a quick ratio of 2.27. Warrior Met Coal has a 1 year low of $40.50 and a 1 year high of $105.35. The firm has a market cap of $4.90 billion, a price-to-earnings ratio of 85.07 and a beta of 0.67.

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

Insider Buying and Selling at Warrior Met Coal

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HCC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Warrior Met Coal by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,860 shares of the company's stock valued at $1,473,000 after buying an additional 1,351 shares during the last quarter. Intech Investment Management LLC raised its stake in Warrior Met Coal by 14.6% during the first quarter. Intech Investment Management LLC now owns 34,812 shares of the company's stock valued at $1,661,000 after buying an additional 4,441 shares during the last quarter. Hsbc Holdings PLC raised its stake in Warrior Met Coal by 7.7% during the second quarter. Hsbc Holdings PLC now owns 6,479 shares of the company's stock valued at $300,000 after buying an additional 464 shares during the last quarter. EverSource Wealth Advisors LLC raised its stake 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 buying an additional 467 shares during the last quarter. Finally, Marshall Wace LLP raised its stake in Warrior Met Coal by 75.1% during the second quarter. Marshall Wace LLP now owns 10,085 shares of the company's stock valued at $462,000 after buying an additional 4,324 shares during the last quarter. Hedge funds and other institutional investors own 92.28% of the company's stock.

About Warrior Met Coal

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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