Warrior Met Coal (HCC) Getting Somewhat Favorable Press Coverage, Analysis Shows

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Press coverage about Warrior Met Coal (NYSE:HCC) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Warrior Met Coal earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.0990268586668 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

A number of equities analysts have weighed in on the company. ValuEngine lowered Warrior Met Coal from a “sell” rating to a “strong sell” rating in a research note on Monday, August 13th. Citigroup reduced their price objective on Warrior Met Coal from $33.00 to $32.00 and set a “buy” rating for the company in a research note on Wednesday, August 8th. Zacks Investment Research lowered Warrior Met Coal from a “buy” rating to a “hold” rating in a research note on Friday, August 3rd. Royal Bank of Canada set a $34.00 price objective on Warrior Met Coal and gave the company a “hold” rating in a research note on Thursday, August 2nd. Finally, Morgan Stanley lifted their price objective on Warrior Met Coal from $25.00 to $27.00 and gave the company an “equal weight” rating in a research note on Friday, June 29th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $29.78.

Shares of NYSE HCC traded up $0.10 during trading on Friday, reaching $24.20. 698,689 shares of the company traded hands, compared to its average volume of 739,308. The firm has a market capitalization of $1.27 billion, a P/E ratio of 3.07 and a beta of 0.56. Warrior Met Coal has a 12-month low of $18.56 and a 12-month high of $33.72. The company has a debt-to-equity ratio of 1.48, a quick ratio of 2.02 and a current ratio of 2.53.

Warrior Met Coal (NYSE:HCC) last released its quarterly earnings data on Wednesday, August 1st. The company reported $1.81 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.95 by ($0.14). The company had revenue of $322.56 million for the quarter, compared to analysts’ expectations of $331.76 million. Warrior Met Coal had a net margin of 37.56% and a return on equity of 82.44%. The company’s quarterly revenue was down 11.2% on a year-over-year basis. analysts forecast that Warrior Met Coal will post 7.87 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 10th. Investors of record on Friday, August 3rd were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, August 2nd. This represents a $0.20 annualized dividend and a dividend yield of 0.83%. Warrior Met Coal’s dividend payout ratio is presently 2.53%.

About Warrior Met Coal

Warrior Met Coal, Inc produces and exports 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.

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