FY2025 EPS Estimates for Alpha Metallurgical Resources, Inc. (NYSE:AMR) Lowered by B. Riley

Alpha Metallurgical Resources, Inc. (NYSE:AMR) – Stock analysts at B. Riley dropped their FY2025 earnings per share (EPS) estimates for Alpha Metallurgical Resources in a note issued to investors on Tuesday, September 17th. B. Riley analyst L. Pipes now forecasts that the energy company will post earnings of $36.49 per share for the year, down from their prior forecast of $36.59. B. Riley has a “Buy” rating and a $336.00 price target on the stock. The consensus estimate for Alpha Metallurgical Resources’ current full-year earnings is $20.67 per share.

Separately, Benchmark reiterated a “hold” rating on shares of Alpha Metallurgical Resources in a research note on Tuesday, August 6th.

Alpha Metallurgical Resources Price Performance

Shares of NYSE:AMR opened at $212.48 on Thursday. The company’s 50 day simple moving average is $249.96 and its 200 day simple moving average is $292.47. Alpha Metallurgical Resources has a 1 year low of $185.00 and a 1 year high of $452.00. The stock has a market capitalization of $2.76 billion, a price-to-earnings ratio of 5.15 and a beta of 1.30.

Alpha Metallurgical Resources (NYSE:AMR) last issued its earnings results on Monday, August 5th. The energy company reported $4.49 EPS for the quarter, beating the consensus estimate of $4.46 by $0.03. The company had revenue of $804.00 million during the quarter, compared to analysts’ expectations of $733.05 million. Alpha Metallurgical Resources had a net margin of 13.52% and a return on equity of 28.63%. The business’s revenue for the quarter was down 6.3% compared to the same quarter last year. During the same period in the previous year, the company earned $12.16 EPS.

Institutional Investors Weigh In On Alpha Metallurgical Resources

Hedge funds have recently made changes to their positions in the stock. Federated Hermes Inc. bought a new position in Alpha Metallurgical Resources in the 2nd quarter valued at approximately $25,000. Quadrant Capital Group LLC bought a new position in shares of Alpha Metallurgical Resources in the 4th quarter valued at $35,000. Creekmur Asset Management LLC acquired a new stake in shares of Alpha Metallurgical Resources during the 4th quarter valued at $36,000. PNC Financial Services Group Inc. grew its position in Alpha Metallurgical Resources by 947.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 178 shares of the energy company’s stock worth $60,000 after acquiring an additional 161 shares during the last quarter. Finally, FinTrust Capital Advisors LLC acquired a new position in Alpha Metallurgical Resources in the 4th quarter worth about $64,000. 84.29% of the stock is currently owned by institutional investors and hedge funds.

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.