|Day's Range||17.29 - 17.98|
|52 Week Range||0.12 - 19.08|
|PE Ratio (TTM)||-1.32|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||65.00|
Warrior Met Coal, Inc. today announced results for the first quarter ended March 31, 2017. Warrior is the leading dedicated U.S. based producer and exporter of high quality metallurgical coal for the global steel industry.
Warrior Met Coal today announced that it will hold its first quarter 2017 investor conference call at 4:30 p.m. ET on Thursday, May 18, 2017.
Warrior Met Coal (HCC:NYSE) By Morgan Stanley ($17.58, May 8, 2017) We are initiating coverage of Warrior Met Coal with an Overweight rating and $27 price target for 54% upside. The stock is pricing in $120 per-ton metallurgical coal, below both our three-year estimate of $135 a ton (estimated average of 2017-2019) and spot of $212 a ton. Warrior bought the best-quality mines from the now-bankrupt Walter Energy and is ramping them up to produce 6.6 million tons (mnt) of met coal in 2018, up from 3.5 mnt in 2016 (capacity of about 7.5 mnt).