Warrior Met Coal (HCC) to Release Earnings on Thursday

Warrior Met Coal (NYSE:HCC) is anticipated to post its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Warrior Met Coal to post earnings of $0.49 per share and revenue of $306.74 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Warrior Met Coal Price Performance

Shares of HCC opened at $53.66 on Thursday. Warrior Met Coal has a 52 week low of $49.97 and a 52 week high of $75.53. The company has a current ratio of 5.81, a quick ratio of 4.67 and a debt-to-equity ratio of 0.09. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of 7.41 and a beta of 1.07. The stock has a 50 day moving average of $57.21 and a 200-day moving average of $60.57.

Analyst Ratings Changes

Several analysts have weighed in on HCC shares. B. Riley boosted their target price on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Jefferies Financial Group lowered their price objective on shares of Warrior Met Coal from $75.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, January 6th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $75.00.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. It also sells natural gas, which is extracted as a byproduct from coal production.