Alliance Resource Partners (NASDAQ:ARLP) Stock Rating Lowered by Singular Research

Alliance Resource Partners (NASDAQ:ARLP) was downgraded by analysts at Singular Research from a “strong-buy” rating to a “moderate buy” rating in a research note issued on Monday,Zacks.com reports. Singular Research also issued estimates for Alliance Resource Partners’ Q4 2024 earnings at $0.59 EPS, Q3 2025 earnings at $0.55 EPS and Q4 2025 earnings at $0.73 EPS.

Other equities research analysts have also issued reports about the stock. StockNews.com lowered shares of Alliance Resource Partners from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 15th. Benchmark boosted their price objective on shares of Alliance Resource Partners from $26.00 to $27.00 and gave the company a “buy” rating in a research report on Tuesday, October 29th.

Alliance Resource Partners Trading Down 0.7 %

NASDAQ:ARLP opened at $27.61 on Monday. Alliance Resource Partners has a fifty-two week low of $18.32 and a fifty-two week high of $29.44. The business’s 50-day simple moving average is $26.08 and its 200-day simple moving average is $24.75. The stock has a market capitalization of $3.54 billion, a PE ratio of 7.84 and a beta of 1.16. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.36 and a quick ratio of 1.69.

Alliance Resource Partners (NASDAQ:ARLP) last issued its earnings results on Monday, October 28th. The energy company reported $0.66 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.16). Alliance Resource Partners had a return on equity of 23.74% and a net margin of 18.52%. The business had revenue of $613.57 million for the quarter, compared to analyst estimates of $646.17 million. During the same period in the previous year, the firm posted $1.18 EPS. Sell-side analysts expect that Alliance Resource Partners will post 3.2 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mather Group LLC. acquired a new stake in Alliance Resource Partners in the 2nd quarter valued at about $51,000. Cadent Capital Advisors LLC increased its holdings in shares of Alliance Resource Partners by 97.6% during the second quarter. Cadent Capital Advisors LLC now owns 20,986 shares of the energy company’s stock worth $513,000 after buying an additional 10,364 shares in the last quarter. SG Americas Securities LLC acquired a new stake in Alliance Resource Partners in the 2nd quarter valued at about $171,000. Andina Capital Management LLC raised its position in shares of Alliance Resource Partners by 3.9% during the 2nd quarter. Andina Capital Management LLC now owns 14,426 shares of the energy company’s stock valued at $353,000 after acquiring an additional 537 shares during the last quarter. Finally, BCS Wealth Management grew its holdings in shares of Alliance Resource Partners by 3.0% in the 2nd quarter. BCS Wealth Management now owns 18,439 shares of the energy company’s stock valued at $451,000 after buying an additional 536 shares during the period. Institutional investors and hedge funds own 18.11% of the company’s stock.

Alliance Resource Partners Company Profile

Alliance Resource Partners, L.P., a diversified natural resource company, produces and markets coal primarily to utilities and industrial users in the United States. The company operates through four segments: Illinois Basin Coal Operations, Appalachia Coal Operations, Oil & Gas Royalties, and Coal Royalties.