The stock of Warrior Met Coal Inc. (NYSE:HCC) decreased by -$0.19 on Friday to finish at $40.44, down -0.47 percent. The last five days have seen an average of 607,960 shares of common stock traded. 18 times new highs were reached in the current year, with a gain of $5.80. The average number of shares traded over the last 20 days was 702,420, while the average volume over the last 50 days totaled 674,486.
HCC stock appreciated 3.45% since last month. On 07/14/23, the company’s shares reached a one-month low of $37.28. The stock touched a high of $44.82 on 08/01/23, after rallying from a low of $25.74 in 52 weeks. The price of HCC stock has risen by 19.60% or $5.80 this year, reaching a new high 18 times. Still, the stock price is down -9.77% from the 52-week high.
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Valuation Metrics
Warrior Met Coal Inc. (HCC) has a trailing price-to-earnings (P/E) ratio of 4.54. Beta for the stock is 1.13. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.30, the price-to-book (PB) ratio of 1.27, and the price-to-cash flow ratio of 5.63.
Company paid $0.07 per share in dividends, remained unchanged from $0.07 last year. A $0.81 dividend decrease was reported on Tuesday April 25 2023.
Financial Health
For the three months ended June 29, Warrior Met Coal Inc.’s quick ratio was 8.70, while its current ratio was 9.80, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.18, and the total debt to equity ratio is 0.20. As far as profitability goes, gross margin for the trailing twelve months is 45.80% percent. Warrior Met Coal Inc.’s EBITDA margin for the year ended June 29 was 54.97%, whereas its operating margin stood at 33.40% for the same period. Based on annual data, it had gross profit of $1.0 billion and revenue of $1.74 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. HCC’s return on assets (ROA) during the last 12 months has been 22.10%. There was a 37.00% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 30.70%.
Earnings Surprise
According to Warrior Met Coal Inc.’s quarterly financial report for the quarter that ended June 29, it had $295.31 million in total debt versus $8.8 million in cash and short-term investments. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $379.66 million, while revenues fell by -64.66% to $509.67 million. It was predicted that Warrior Met Coal Inc.’s quarterly earnings would be $1.63, but it ended up being $1.94, beating the consensus by -16.00%. EBITDA was $122.49 million for the quarter. At the end of Warrior Met Coal Inc.’s most recent quarter ended June 29, its liabilities totaled 582.78 million, while its total debt was $324.3 million. Equity owned by shareholders amounts to $52.02 million.
Technical Picture
Here’s a quick look at Warrior Met Coal Inc.’s (HCC) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 47.47%, suggesting the stock is Neutral, with a 72.22% historical volatility rate.
The stochastic %K and %D were 36.51% and 35.60% respectively, while the average true range (ATR) was 1.55. Based on the 14-day stochastic reading of 35.68%, the RSI (14) reading is 50.11%. On the 9-day MACD Oscillator, the stock is at -0.44, and the 14-day reading is at -1.11.
Analyst Ratings
In its most recent analyst report, B. Riley Securities raised its rating on Warrior Met Coal Inc. (NYSE: HCC) to a Buy. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Warrior Met Coal Inc. (HCC) an Overweight rating. HCC is a stock that is recommended for selling by 0 brokerage firms, while 4 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 2 others recommend it as a buy.
What is HCC’s price target for the next 12 months?
The current consensus forecast for the stock is between $39.00 and $55.00, with a median target price of $45.00. In analyzing these forecasts, the average price target given by analysts for Warrior Met Coal Inc. (HCC) is $45.80.
