Brokers Offer Predictions for AMR FY2027 Earnings

Alpha Metallurgical Resources, Inc. (NYSE:AMR) – Analysts at B. Riley issued their FY2027 earnings per share (EPS) estimates for Alpha Metallurgical Resources in a note issued to investors on Tuesday, March 4th. B. Riley analyst N. Giles expects that the energy company will post earnings per share of $39.58 for the year. The consensus estimate for Alpha Metallurgical Resources’ current full-year earnings is $14.31 per share.

Alpha Metallurgical Resources (NYSE:AMR) last released its quarterly earnings data on Friday, February 28th. The energy company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.09). The firm had revenue of $617.30 million during the quarter, compared to the consensus estimate of $658.20 million. Alpha Metallurgical Resources had a return on equity of 22.65% and a net margin of 11.08%. The business’s revenue was down 35.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $12.88 EPS.

Alpha Metallurgical Resources Stock Up 0.9 %

AMR stock opened at $133.51 on Thursday. Alpha Metallurgical Resources has a 52 week low of $125.81 and a 52 week high of $397.00. The firm has a market capitalization of $1.74 billion, a P/E ratio of 4.90 and a beta of 1.51. The company has a fifty day simple moving average of $179.23 and a two-hundred day simple moving average of $207.98.

Hedge Funds Weigh In On Alpha Metallurgical Resources

Institutional investors and hedge funds have recently modified their holdings of the stock. Harbor Capital Advisors Inc. purchased a new stake in Alpha Metallurgical Resources during the 3rd quarter valued at $36,000. New Age Alpha Advisors LLC purchased a new position in Alpha Metallurgical Resources during the fourth quarter worth $40,000. FNY Investment Advisers LLC bought a new position in Alpha Metallurgical Resources during the fourth quarter valued at $50,000. PNC Financial Services Group Inc. raised its stake in shares of Alpha Metallurgical Resources by 127.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 289 shares of the energy company’s stock valued at $58,000 after acquiring an additional 162 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Alpha Metallurgical Resources in the fourth quarter valued at $60,000. Hedge funds and other institutional investors own 84.29% of the company’s stock.

Insider Activity

In other Alpha Metallurgical Resources news, Director Kenneth S. Courtis sold 10,621 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $228.73, for a total transaction of $2,429,341.33. Following the sale, the director now directly owns 603,342 shares of the company’s stock, valued at $138,002,415.66. The trade was a 1.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 16.40% of the company’s stock.

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.