Warrior Met Coal (HCC) to Release Earnings on Thursday

Warrior Met Coal (NYSE:HCC) is projected 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 register for the company’s earnings conference call can do so using this link.

Warrior Met Coal Stock Performance

HCC opened at $53.29 on Tuesday. The stock has a 50-day moving average of $56.19 and a 200-day moving average of $60.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.67 and a current ratio of 5.81. Warrior Met Coal has a 52-week low of $49.97 and a 52-week high of $75.53. The company has a market cap of $2.79 billion, a PE ratio of 7.36 and a beta of 1.07.

Analyst Ratings Changes

A number of brokerages have weighed in on HCC. B. Riley increased their price target on shares of Warrior Met Coal from $89.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Jefferies Financial Group reduced their target price on 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 equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Warrior Met Coal has a consensus rating of “Moderate Buy” and an average price target of $75.00.

Warrior Met Coal Company Profile

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.