As of Thursday close, Warrior Met Coal Inc.’s (NYSE:HCC) stock was down -$5.07, moving down -11.71 percent to $38.23. The average number of shares traded per day over the past five days has been 944,980 shares. 3 times new highs have been achieved over the past 5 days, with a -$4.23 fall in that time frame. In the last twenty days, the average volume was 696,720, while in the previous 50 days, it was 644,770.
Since last month, HCC stock retreated -3.92%. Shares of the company fell to $37.28 on 07/14/23, the lowest level in the past month. A 52-week high of $44.82 was reached on 08/01/23 after having rallying from a 52-week low of $25.74. Since the beginning of this year, HCC’s stock price has risen by 13.06% or $3.59, and marked a new high 18 times. However, the stock has declined by -14.70% since its 52-week high.
HCC stock investors should be aware that Warrior Met Coal Inc. (HCC) stock had its last reported insider trading activity 358 days ago on Aug 11. Schnorr Lisa M., the Director of the company, purchased of 1,500 shares for $32.01 on Aug 11. It resulted in a $48,015 investment by the insider.
Valuation Metrics
Right now, Warrior Met Coal Inc. (HCC) has a P/E ratio of about 2.92. The stock’s beta is 1.12. Besides these, the trailing price-to-sales (P/S) ratio of 1.06, the price-to-book (PB) ratio of 1.26, and the price-to-cash flow ratio of 3.81 may also be considered.
The latest dividend of $0.07 per share was paid out, remained unchanged from last year’s $0.07.
Financial Health
In the three months ended June 29, Warrior Met Coal Inc.’s quick ratio stood at 8.70, while its current ratio was 9.70, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.19, and the total debt-to-equity ratio was 0.21. On the profitability front, the trailing twelve-month gross margin is 55.10% percent. In the year ended June 29, EBITDA margin amounted to 54.97%, whereas operating margins totaled 44.10%. Based on annual data, HCC earned $1.0 billion in gross profit and brought in $1.74 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 37.00%. Return on equity (ROE) for the past 12 months was 47.80%.
In Warrior Met Coal Inc.’s quarter-end financial report for June 29, it reported total debt of $295.31 million against cash and short-term investments of $8.8 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. HCC’s revenue fell -64.66% to $509.67 million during the quarter, while net income inched up to $379.66 million. While analysts expected Warrior Met Coal Inc. to report $1.94 quarterly earnings, the actual figure was $1.63 per share, beating the consensus estimate by -16.00%. During the quarter, the company generated $122.49 million in EBITDA. The liabilities of Warrior Met Coal Inc. were 582.78 million at the end of its most recent quarter ended June 29, and its total debt was $324.3 million. The value of shareholders’ equity is $52.02 million.
Technical Picture
This quick technical analysis looks at Warrior Met Coal Inc.’s (HCC) price momentum. With a historical volatility rate of 72.95%, the RSI 9-day stood at 34.20% on 03 August.
With respect to its five-day moving average, the current Warrior Met Coal Inc. price is down by -9.96% percent or -$4.23. At present, HCC shares trade -1.34% below its 20-day simple moving average and +0.95% percent above its 100-day simple moving average. However, the stock is currently trading approximately +7.36% above its SMA50 and +15.15% above its SMA200.
Stochastic coefficient K was 62.55% and Stochastic coefficient D was 82.68%, while ATR was 1.82. Given the Stochastic reading of 8.09% for the 14-day period, the RSI (14) reading has been calculated as 41.45%. As of today, the MACD Oscillator reading stands at -0.37, while the 14-day reading stands at 0.63.
Analyst Ratings
B. Riley Securities upgraded its rating on Warrior Met Coal Inc. (NYSE: HCC) to a Buy in a note to investors on September 23, 2022. The analysts firm previously had a Neutral rating on the stock.Warrior Met Coal Inc. (HCC) has been rated Overweight by analysts. According to 0 brokerage firms, HCC is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Warrior Met Coal Inc. stock as buy, with 2 recommending it as overweight.
With a median target price of $45.00, the current consensus forecast for the stock is $39.00 – $55.00. Based on these forecasts, analysts predict Warrior Met Coal Inc. (HCC) will achieve an average price target of $45.80.
