Warrior Met Coal Inc (NYSE:HCC) CFO Dale W. Boyles Buys 1,200 Shares

Warrior Met Coal Inc (NYSE:HCC) CFO Dale W. Boyles bought 1,200 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were purchased at an average price of $22.22 per share, for a total transaction of $26,664.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

NYSE:HCC traded up $0.09 during trading hours on Monday, reaching $20.77. 641,300 shares of the company were exchanged, compared to its average volume of 837,584. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.31 and a quick ratio of 2.73. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 2.40 and a beta of 0.47. Warrior Met Coal Inc has a 52-week low of $19.89 and a 52-week high of $33.49. The stock has a 50 day simple moving average of $23.59 and a 200 day simple moving average of $27.23.

Warrior Met Coal (NYSE:HCC) last posted its quarterly earnings results on Wednesday, July 31st. The company reported $2.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.69 by $0.47. The company had revenue of $397.61 million for the quarter, compared to the consensus estimate of $311.62 million. Warrior Met Coal had a net margin of 47.01% and a return on equity of 62.99%. Warrior Met Coal’s revenue was up 23.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.81 earnings per share. On average, analysts predict that Warrior Met Coal Inc will post 6.55 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Friday, August 2nd were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend was Thursday, August 1st. Warrior Met Coal’s dividend payout ratio is currently 2.31%.

A number of analysts recently issued reports on the stock. Zacks Investment Research lowered shares of Warrior Met Coal from a “buy” rating to a “hold” rating in a research report on Saturday, August 10th. Jefferies Financial Group lowered shares of Warrior Met Coal from a “buy” rating to a “hold” rating and decreased their target price for the stock from $38.00 to $22.00 in a research report on Tuesday, August 6th. ValuEngine lowered shares of Warrior Met Coal from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Royal Bank of Canada set a $33.00 target price on shares of Warrior Met Coal and gave the stock a “hold” rating in a research report on Friday, May 3rd. Finally, BMO Capital Markets set a $40.00 target price on shares of Warrior Met Coal and gave the stock a “buy” rating in a research report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $31.89.

A number of large investors have recently bought and sold shares of the business. NumerixS Investment Technologies Inc raised its stake in Warrior Met Coal by 10.8% during the first quarter. NumerixS Investment Technologies Inc now owns 7,202 shares of the company’s stock worth $218,000 after purchasing an additional 701 shares during the period. Legal & General Group Plc raised its stake in Warrior Met Coal by 13.4% during the fourth quarter. Legal & General Group Plc now owns 8,049 shares of the company’s stock worth $194,000 after purchasing an additional 950 shares during the period. Advisor Group Inc. raised its stake in Warrior Met Coal by 170.6% during the second quarter. Advisor Group Inc. now owns 1,510 shares of the company’s stock worth $40,000 after purchasing an additional 952 shares during the period. First Hawaiian Bank raised its stake in Warrior Met Coal by 13.7% during the second quarter. First Hawaiian Bank now owns 9,440 shares of the company’s stock worth $247,000 after purchasing an additional 1,140 shares during the period. Finally, Alps Advisors Inc. raised its stake in Warrior Met Coal by 9.7% during the second quarter. Alps Advisors Inc. now owns 15,797 shares of the company’s stock worth $413,000 after purchasing an additional 1,396 shares during the period.

Warrior Met Coal Company Profile

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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