B. Riley Comments on Alpha Metallurgical Resources, Inc.’s FY2025 Earnings (NYSE:AMR)

Alpha Metallurgical Resources, Inc. (NYSE:AMR) – Investment analysts at B. Riley lowered their FY2025 earnings per share estimates for shares of Alpha Metallurgical Resources in a note issued to investors on Tuesday, August 6th. B. Riley analyst L. Pipes now forecasts that the energy company will earn $36.59 per share for the year, down from their previous forecast of $36.70. B. Riley has a “Buy” rating and a $375.00 price objective on the stock. The consensus estimate for Alpha Metallurgical Resources’ current full-year earnings is $28.83 per share. B. Riley also issued estimates for Alpha Metallurgical Resources’ FY2026 earnings at $38.64 EPS.

Alpha Metallurgical Resources (NYSE:AMR) last announced its quarterly earnings data on Monday, August 5th. The energy company reported $4.49 EPS for the quarter, beating the consensus estimate of $4.46 by $0.03. The company had revenue of $804.00 million for the quarter, compared to the consensus estimate of $733.05 million. Alpha Metallurgical Resources had a return on equity of 36.77% and a net margin of 16.89%. Alpha Metallurgical Resources’s quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $12.16 EPS.

Separately, Benchmark reaffirmed a “hold” rating on shares of Alpha Metallurgical Resources in a research report on Tuesday.

Alpha Metallurgical Resources Stock Up 1.4 %

Shares of Alpha Metallurgical Resources stock opened at $256.19 on Wednesday. The stock’s fifty day moving average is $298.65 and its two-hundred day moving average is $327.15. The company has a market capitalization of $3.33 billion, a PE ratio of 6.21 and a beta of 1.36. Alpha Metallurgical Resources has a 52 week low of $178.21 and a 52 week high of $452.00.

Hedge Funds Weigh In On Alpha Metallurgical Resources

Institutional investors have recently made changes to their positions in the company. Principal Financial Group Inc. increased its stake in shares of Alpha Metallurgical Resources by 523.6% during the fourth quarter. Principal Financial Group Inc. now owns 75,966 shares of the energy company’s stock valued at $25,746,000 after buying an additional 63,784 shares during the period. Amalgamated Bank boosted its position in Alpha Metallurgical Resources by 244.0% during the fourth quarter. Amalgamated Bank now owns 4,493 shares of the energy company’s stock valued at $1,523,000 after purchasing an additional 3,187 shares in the last quarter. Janus Henderson Group PLC boosted its position in Alpha Metallurgical Resources by 19.3% during the first quarter. Janus Henderson Group PLC now owns 27,174 shares of the energy company’s stock valued at $8,998,000 after purchasing an additional 4,387 shares in the last quarter. Illinois Municipal Retirement Fund bought a new stake in Alpha Metallurgical Resources during the fourth quarter valued at about $2,302,000. Finally, Louisiana State Employees Retirement System bought a new stake in Alpha Metallurgical Resources during the fourth quarter valued at about $2,000,000. Hedge funds and other institutional investors own 84.29% of the company’s stock.

Insider Activity

In other news, CAO Roger Lee Nicholson sold 3,593 shares of the firm’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $290.16, for a total transaction of $1,042,544.88. Following the transaction, the chief accounting officer now owns 6,127 shares in the company, valued at $1,777,810.32. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 15.00% of the company’s stock.

Alpha Metallurgical Resources Company Profile

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.