Alliance Resource Partners, LP (NASDAQ: ARLP) is 6.43% higher on its value in year-to-date trading and has touched a low of $18.32 and a high of $30.56 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 ARLP stock was last observed hovering at around $28.14 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $27.98, the stock is 0.16% and 3.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing -0.57% at the moment leaves the stock 11.90% off its SMA200. ARLP registered 31.98% gain for a year compared to 6-month gain of 19.98%. The firm has a 50-day simple moving average (SMA 50) of $27.1262 and a 200-day simple moving average (SMA200) of $24.97055.
The stock witnessed a 6.47% loss in the last 1 month and extending the period to 3 months gives it a 5.74%, and is -1.41% down 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 2.87% over the week and 3.23% over the month.
Alliance Resource Partners, LP (ARLP) has around 3595 employees, a market worth around $3.58B and $2.45B in sales. Current P/E ratio is 10.10 and Fwd P/E is 8.61. Profit margin for the company is 14.47%. Distance from 52-week low is 52.73% and -8.45% from its 52-week high. The company has generated returns on investments over the last 12 months (15.42%).
with sales reaching $555.61M over the same period.The EPS is expected to grow by 0.45% this year, but quarterly earnings will post -4.20% year-over-year. Quarterly sales are estimated to shrink -14.74% in year-over-year returns.
161.0 institutions hold shares in Alliance Resource Partners, LP (ARLP), with institutional investors hold 26.89% of the company’s shares. The shares outstanding are 128.06M, and float is at 88.41M with Short Float at 2.99%. Institutions hold 18.88% of the Float.
The top institutional shareholder in the company is MAGNOLIA GROUP, LLC with over 3.44 million shares valued at $84.24 million. The investor’s holdings represent 2.6975 of the ARLP Shares outstanding. As of 2024-06-30, the second largest holder is PROGENY 3, INC. with 2.81 million shares valued at $68.67 million to account for 2.1989 of the shares outstanding. The other top investors are BANK OF AMERICA CORP /DE/ which holds 2.16 million shares representing 1.6894 and valued at over $52.76 million, while JACKSON HOLE CAPITAL PARTNERS, LLC holds 1.5236 of the shares totaling 1.95 million with a market value of $47.58 million.
Alliance Resource Partners, LP (ARLP) Insider Activity
The most recent transaction is an insider sale by Whelan Timothy J, the company’s SENIOR VICE PRESIDENT SALES. SEC filings show that Whelan Timothy J sold 30,000 shares of the company’s common stock on Dec 13 ’24 at a price of $26.69 per share for a total of $0.8 million. Following the sale, the insider now owns 0.12 million shares.
Alliance Resource Partners, LP disclosed in a document filed with the SEC on Dec 11 ’24 that Whelan Timothy J (SENIOR VICE PRESIDENT SALES) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Dec 11 ’24 and was made at $26.25 per share for $0.26 million. Following the transaction, the insider now directly holds 0.15 million shares of the ARLP stock.
Still, SEC filings show that on Dec 02 ’24, Whelan Timothy J (SENIOR VICE PRESIDENT SALES) disposed off 10,000 shares at an average price of $28.00 for $0.28 million. The insider now directly holds 157,946 shares of Alliance Resource Partners, LP (ARLP).
