FY2027 Earnings Forecast for AMR Issued By B. Riley

Alpha Metallurgical Resources, Inc. (NYSE:AMR) – Research analysts at B. Riley issued their FY2027 earnings estimates for shares of Alpha Metallurgical Resources in a research report issued on Tuesday, March 4th. B. Riley analyst N. Giles anticipates that the energy company will earn $39.58 per share for the year. The consensus estimate for Alpha Metallurgical Resources’ current full-year earnings is $14.31 per share.

Alpha Metallurgical Resources Stock Up 0.9 %

AMR stock opened at $133.51 on Thursday. The business’s 50-day moving average price is $179.23 and its 200-day moving average price is $207.98. The stock has a market cap of $1.74 billion, a P/E ratio of 4.90 and a beta of 1.51. Alpha Metallurgical Resources has a twelve month low of $125.81 and a twelve month high of $397.00.

Alpha Metallurgical Resources (NYSE:AMR) last posted its earnings results on Friday, February 28th. The energy company reported ($0.16) earnings per share 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 net margin of 11.08% and a return on equity of 22.65%. The firm’s revenue was down 35.7% compared to the same quarter last year. During the same period in the prior year, the company posted $12.88 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of AMR. Harbor Capital Advisors Inc. purchased a new position in shares of Alpha Metallurgical Resources in the third quarter valued at about $36,000. New Age Alpha Advisors LLC bought a new stake in Alpha Metallurgical Resources during the 4th quarter valued at approximately $40,000. FNY Investment Advisers LLC purchased a new position in Alpha Metallurgical Resources in the 4th quarter worth approximately $50,000. PNC Financial Services Group Inc. boosted its stake in Alpha Metallurgical Resources by 127.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 289 shares of the energy company’s stock worth $58,000 after purchasing an additional 162 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in Alpha Metallurgical Resources during the 4th quarter valued at approximately $60,000. Institutional investors own 84.29% of the company’s stock.

Insider Buying and Selling at Alpha Metallurgical Resources

In other news, Director Kenneth S. Courtis sold 10,621 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were 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 in the company, valued at $138,002,415.66. This trade represents a 1.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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.