Warrior Met Coal Inc (NYSE: HCC) is 2.70% higher on its value in year-to-date trading and has touched a low of $31.69 and a high of $69.36 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HCC stock was last observed hovering at around $59.47 in the last trading session, with the day’s gains setting it 2.6%.
Currently trading at $62.07, the stock is 8.95% and 4.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 4.37% at the moment leaves the stock 23.91% off its SMA200. HCC registered 79.12% gain for a year compared to 6-month gain of 33.23%. The firm has a 50-day simple moving average (SMA 50) of $1.59 and a 200-day simple moving average (SMA200) of $3.84.
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The stock witnessed a 5.14% loss in the last 1 month and extending the period to 3 months gives it a 1.57%, and is 11.66% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.61% over the week and 3.90% over the month.
Warrior Met Coal Inc (HCC) has around 1143 employees, a market worth around $3.25B and $1.68B in sales. Current P/E ratio is 6.75 and Fwd P/E is 9.40. Profit margin for the company is 28.53%. Distance from 52-week low is 95.86% and -10.51% from its 52-week high. The company has generated returns on investments over the last 12 months (23.51%).
Warrior Met Coal Inc quarterly earnings per share for the current quarter are estimated at $2.54 with sales reaching $478.48M over the same period.The EPS is expected to shrink by -15.78% this year, but quarterly earnings will post 0.70% year-over-year. Quarterly sales are estimated to grow 15.10% in year-over-year returns.
388 institutions hold shares in Warrior Met Coal Inc (HCC), with institutional investors hold 96.91% of the company’s shares. The shares outstanding are 52.02M, and float is at 51.38M with Short Float at 7.12%. Institutions hold 95.25% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 7.11 million shares valued at $276.82 million. The investor’s holdings represent 13.66% of the HCC Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 7.04 million shares valued at $274.09 million to account for 13.53% of the shares outstanding. The other top investors are KGH Ltd which holds 2.33 million shares representing 4.48% and valued at over $90.75 million, while FMR, LLC holds 4.43% of the shares totaling 2.3 million with a market value of $89.69 million.
Warrior Met Coal Inc (HCC) Insider Activity
The most recent transaction is an insider purchase by SCHUMACHER ALAN H, the company’s Director. SEC filings show that SCHUMACHER ALAN H bought 2,000 shares of the company’s common stock on Feb 23 ’24 at a price of $58.15 per share for a total of $0.12 million. Following the purchase, the insider now owns 30270.0 shares.
Warrior Met Coal Inc disclosed in a document filed with the SEC on Nov 08 ’23 that Williams Stephen D. (Director) sold a total of 80,000 shares of the company’s common stock. The trade occurred on Nov 08 ’23 and was made at $45.60 per share for $3.65 million. Following the transaction, the insider now directly holds 21393.0 shares of the HCC stock.
Still, SEC filings show that on Sep 13 ’23, Chopin Brian M (Chief Accounting Officer) disposed off 2,816 shares at an average price of $45.00 for $0.13 million. The insider now directly holds 11,187 shares of Warrior Met Coal Inc (HCC).
