Alliance Resource Partners (ARLP) Given News Sentiment Rating of 0.24

News coverage about Alliance Resource Partners (NASDAQ:ARLP) has been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Alliance Resource Partners earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news articles about the energy company an impact score of 45.6208468269677 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Alliance Resource Partners (NASDAQ:ARLP) opened at $20.80 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.82 and a quick ratio of 0.53. The stock has a market capitalization of $2,720.00, a P/E ratio of 5.42 and a beta of 0.74. Alliance Resource Partners has a 52 week low of $17.60 and a 52 week high of $25.55.

Alliance Resource Partners (NASDAQ:ARLP) last released its quarterly earnings data on Monday, October 30th. The energy company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.13). The business had revenue of $453.19 million during the quarter, compared to the consensus estimate of $474.34 million. Alliance Resource Partners had a net margin of 18.96% and a return on equity of 31.11%. Alliance Resource Partners’s quarterly revenue was down 17.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.91 EPS. equities research analysts forecast that Alliance Resource Partners will post 3.06 EPS for the current fiscal year.

Several research analysts recently commented on the company. Zacks Investment Research cut Alliance Resource Partners from a “buy” rating to a “sell” rating in a research report on Friday, October 27th. FBR & Co set a $30.00 price target on Alliance Resource Partners and gave the company a “buy” rating in a research report on Tuesday, October 31st. BidaskClub raised Alliance Resource Partners from a “sell” rating to a “hold” rating in a research report on Wednesday, December 27th. B. Riley reissued a “buy” rating on shares of Alliance Resource Partners in a research report on Wednesday, November 1st. Finally, ValuEngine upgraded Alliance Resource Partners from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. Alliance Resource Partners presently has a consensus rating of “Buy” and an average price target of $25.32.

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About Alliance Resource Partners

Alliance Resource Partners, L.P. is a producer and marketer of coal primarily to the United States utilities and industrial users. The Company operates through segments, including Illinois Basin, Appalachia, and Other and Corporate. The Illinois Basin segment consists of various operating segments, including Webster County Coal, LLC’s Dotiki mining complex, Gibson County Coal, LLC’s mining complex, which includes the Gibson North mine and Gibson South mine, Hopkins County Coal, LLC’s mining complex, which includes the Elk Creek mine, the Pleasant View surface mineable reserves and the Fies property, White County Coal, LLC’s, Pattiki mining complex, Warrior Coal, LLC’s mining complex, Sebree Mining, LLC’s mining complex, which includes the Onton mine and River View Coal, LLC mining complex.

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