FY2027 Earnings Estimate for AMR Issued By B. Riley

Alpha Metallurgical Resources, Inc. (NYSE:AMR) – Analysts at B. Riley issued their FY2027 earnings per share (EPS) estimates for shares of Alpha Metallurgical Resources in a research report issued on Tuesday, March 4th. B. Riley analyst N. Giles anticipates that the energy company will post earnings per share of $39.58 for the year. The consensus estimate for Alpha Metallurgical Resources’ current full-year earnings is $14.31 per share.

Alpha Metallurgical Resources (NYSE:AMR) last released its quarterly earnings results on Friday, February 28th. The energy company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.09). Alpha Metallurgical Resources had a net margin of 11.08% and a return on equity of 22.65%. The company had revenue of $617.30 million during the quarter, compared to the consensus estimate of $658.20 million. During the same quarter last year, the firm earned $12.88 EPS. The business’s revenue was down 35.7% on a year-over-year basis.

Alpha Metallurgical Resources Price Performance

AMR stock opened at $133.98 on Thursday. The company has a market cap of $1.74 billion, a P/E ratio of 4.92 and a beta of 1.51. The firm has a 50-day moving average of $177.94 and a 200 day moving average of $207.47. Alpha Metallurgical Resources has a 1 year low of $125.81 and a 1 year high of $397.00.

Insider Buying and Selling

In related news, Director Kenneth S. Courtis sold 10,621 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $228.73, for a total value of $2,429,341.33. Following the transaction, the director now owns 603,342 shares in the company, valued at $138,002,415.66. The trade was a 1.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 16.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Empowered Funds LLC boosted its holdings in Alpha Metallurgical Resources by 69.7% in the fourth quarter. Empowered Funds LLC now owns 12,139 shares of the energy company’s stock worth $2,429,000 after purchasing an additional 4,985 shares during the last quarter. Barclays PLC grew its stake in shares of Alpha Metallurgical Resources by 309.2% during the 3rd quarter. Barclays PLC now owns 18,646 shares of the energy company’s stock valued at $4,402,000 after purchasing an additional 14,089 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Alpha Metallurgical Resources by 22.4% in the 3rd quarter. Victory Capital Management Inc. now owns 15,441 shares of the energy company’s stock worth $3,647,000 after purchasing an additional 2,823 shares during the period. Impala Asset Management LLC purchased a new position in shares of Alpha Metallurgical Resources in the third quarter worth approximately $1,181,000. Finally, Hosking Partners LLP grew its position in Alpha Metallurgical Resources by 76.6% during the fourth quarter. Hosking Partners LLP now owns 55,220 shares of the energy company’s stock valued at $11,051,000 after buying an additional 23,944 shares during the period. Institutional investors own 84.29% of the company’s stock.

About Alpha Metallurgical Resources

Alpha Metallurgical Resources, Inc, a mining company, produces, processes, and sells met and thermal coal in Virginia and West Virginia. The company offers metallurgical coal products. It operates twenty-two active mines and nine coal preparation and load-out facilities. The company was formerly known as Contura Energy, Inc and changed its name to Alpha Metallurgical Resources, Inc in February 2021.