FY2025 Earnings Estimate for Alpha Metallurgical Resources, Inc. Issued By B. Riley (NYSE:AMR)

Alpha Metallurgical Resources, Inc. (NYSE:AMR) – Equities researchers at B. Riley dropped their FY2025 earnings estimates for Alpha Metallurgical Resources in a note issued to investors on Tuesday, September 17th. B. Riley analyst L. Pipes now anticipates that the energy company will post earnings of $36.49 per share for the year, down from their previous forecast of $36.59. B. Riley currently has a “Buy” rating and a $336.00 target price on the stock. The consensus estimate for Alpha Metallurgical Resources’ current full-year earnings is $20.67 per share.

Separately, Benchmark reaffirmed a “hold” rating on shares of Alpha Metallurgical Resources in a report on Tuesday, August 6th.

Alpha Metallurgical Resources Trading Down 0.5 %

Alpha Metallurgical Resources stock opened at $211.67 on Thursday. The firm’s 50 day simple moving average is $247.88 and its 200 day simple moving average is $291.32. The firm has a market capitalization of $2.75 billion, a PE ratio of 5.13 and a beta of 1.30. Alpha Metallurgical Resources has a 1-year low of $185.00 and a 1-year high of $452.00.

Alpha Metallurgical Resources (NYSE:AMR) last posted its earnings results on Monday, August 5th. The energy company reported $4.49 earnings per share for the quarter, topping analysts’ consensus estimates of $4.46 by $0.03. The business had revenue of $804.00 million for the quarter, compared to analyst estimates of $733.05 million. Alpha Metallurgical Resources had a net margin of 13.52% and a return on equity of 28.63%. Alpha Metallurgical Resources’s revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $12.16 EPS.

Hedge Funds Weigh In On Alpha Metallurgical Resources

A number of institutional investors have recently made changes to their positions in the stock. Invst LLC increased its holdings in shares of Alpha Metallurgical Resources by 9.2% in the 2nd quarter. Invst LLC now owns 2,287 shares of the energy company’s stock worth $642,000 after buying an additional 193 shares during the last quarter. Creative Planning increased its holdings in shares of Alpha Metallurgical Resources by 2.9% in the 2nd quarter. Creative Planning now owns 1,529 shares of the energy company’s stock worth $429,000 after buying an additional 43 shares during the last quarter. Algert Global LLC increased its holdings in shares of Alpha Metallurgical Resources by 217.0% in the 2nd quarter. Algert Global LLC now owns 4,184 shares of the energy company’s stock worth $1,174,000 after buying an additional 2,864 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in shares of Alpha Metallurgical Resources by 1.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,695 shares of the energy company’s stock worth $1,878,000 after buying an additional 94 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in shares of Alpha Metallurgical Resources by 11.7% in the 2nd quarter. AQR Capital Management LLC now owns 6,694 shares of the energy company’s stock worth $1,878,000 after buying an additional 701 shares during the last quarter. Institutional investors own 84.29% 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.