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

Alpha Metallurgical Resources, Inc. (NYSE:AMR) – B. Riley decreased their FY2025 earnings per share (EPS) estimates for shares of Alpha Metallurgical Resources in a research 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 prior forecast of $36.70. B. Riley currently has a “Buy” rating and a $375.00 price target 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.

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 NYSE AMR opened at $256.19 on Wednesday. The stock has a market cap 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. The business has a 50-day moving average price of $298.65 and a 200 day moving average price of $327.15.

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

Insiders Place Their Bets

In other Alpha Metallurgical Resources news, CAO Roger Lee Nicholson sold 3,593 shares of the stock in a transaction that occurred 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 completion of the sale, the chief accounting officer now directly owns 6,127 shares of the company’s stock, valued at approximately $1,777,810.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 15.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Alpha Metallurgical Resources

A number of large investors have recently modified their holdings of AMR. Federated Hermes Inc. purchased a new position in shares of Alpha Metallurgical Resources during the 2nd quarter worth approximately $25,000. GAMMA Investing LLC purchased a new position in shares of Alpha Metallurgical Resources during the 4th quarter worth approximately $33,000. Wetzel Investment Advisors Inc. purchased a new position in shares of Alpha Metallurgical Resources during the 4th quarter worth approximately $34,000. Quadrant Capital Group LLC purchased a new position in shares of Alpha Metallurgical Resources during the 4th quarter worth approximately $35,000. Finally, Creekmur Asset Management LLC purchased a new position in shares of Alpha Metallurgical Resources during the 4th quarter worth approximately $36,000. 84.29% of the stock is owned by hedge funds and other institutional investors.

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.