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Warrior Met Coal (HCC) Outpaces Stock Market Gains: What You Should Know
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Warrior Met Coal (HCC - Free Report) closed the most recent trading day at $33.77, moving +1.02% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.22%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.26%.
Heading into today, shares of the company had lost 0.3% over the past month, outpacing the Oils-Energy sector's loss of 4.86% and the S&P 500's loss of 8.32% in that time.
Warrior Met Coal will be looking to display strength as it nears its next earnings release. In that report, analysts expect Warrior Met Coal to post earnings of $2.21 per share. This would mark year-over-year growth of 784%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $357.7 million, up 57.27% from the year-ago period.
HCC's full-year Zacks Consensus Estimates are calling for earnings of $10.38 per share and revenue of $1.7 billion. These results would represent year-over-year changes of +254.27% and +60.92%, respectively.
It is also important to note the recent changes to analyst estimates for Warrior Met Coal. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.16% higher. Warrior Met Coal currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Warrior Met Coal is currently trading at a Forward P/E ratio of 3.22. Its industry sports an average Forward P/E of 4.87, so we one might conclude that Warrior Met Coal is trading at a discount comparatively.
The Coal industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 14, putting it in the top 6% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Warrior Met Coal (HCC) Outpaces Stock Market Gains: What You Should Know
Warrior Met Coal (HCC - Free Report) closed the most recent trading day at $33.77, moving +1.02% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.22%. Meanwhile, the Dow lost 0.13%, and the Nasdaq, a tech-heavy index, added 0.26%.
Heading into today, shares of the company had lost 0.3% over the past month, outpacing the Oils-Energy sector's loss of 4.86% and the S&P 500's loss of 8.32% in that time.
Warrior Met Coal will be looking to display strength as it nears its next earnings release. In that report, analysts expect Warrior Met Coal to post earnings of $2.21 per share. This would mark year-over-year growth of 784%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $357.7 million, up 57.27% from the year-ago period.
HCC's full-year Zacks Consensus Estimates are calling for earnings of $10.38 per share and revenue of $1.7 billion. These results would represent year-over-year changes of +254.27% and +60.92%, respectively.
It is also important to note the recent changes to analyst estimates for Warrior Met Coal. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.16% higher. Warrior Met Coal currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Warrior Met Coal is currently trading at a Forward P/E ratio of 3.22. Its industry sports an average Forward P/E of 4.87, so we one might conclude that Warrior Met Coal is trading at a discount comparatively.
The Coal industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 14, putting it in the top 6% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.