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

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

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

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

Alpha Metallurgical Resources Stock Performance

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMR. Federated Hermes Inc. purchased a new position in Alpha Metallurgical Resources in the second quarter valued at about $25,000. Quadrant Capital Group LLC bought a new stake in shares of Alpha Metallurgical Resources in the fourth quarter valued at approximately $35,000. Creekmur Asset Management LLC bought a new stake in shares of Alpha Metallurgical Resources in the fourth quarter valued at approximately $36,000. PNC Financial Services Group Inc. raised its position in shares of Alpha Metallurgical Resources by 947.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 178 shares of the energy company’s stock valued at $60,000 after purchasing an additional 161 shares during the period. Finally, FinTrust Capital Advisors LLC bought a new stake in shares of Alpha Metallurgical Resources in the fourth quarter valued at approximately $64,000. 84.29% of the stock is currently 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.