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

Alpha Metallurgical Resources, Inc. (NYSE:AMR) – Research analysts at B. Riley decreased their FY2025 earnings per share (EPS) estimates for Alpha Metallurgical Resources in a research report issued on Tuesday, September 17th. B. Riley analyst L. Pipes now forecasts that the energy company will post earnings per share of $36.49 for the year, down from their previous forecast of $36.59. B. Riley currently 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 issued its quarterly earnings data 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 firm had revenue of $804.00 million for the quarter, compared to analyst estimates of $733.05 million. Alpha Metallurgical Resources had a return on equity of 28.63% and a net margin of 13.52%. The business’s quarterly revenue was down 6.3% compared to the same quarter last year. During the same period last year, the company earned $12.16 EPS.

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

Alpha Metallurgical Resources Stock Down 2.6 %

Shares of AMR stock opened at $200.33 on Thursday. The stock has a fifty day moving average of $251.88 and a 200 day moving average of $293.03. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 4.85 and a beta of 1.30. Alpha Metallurgical Resources has a 52 week low of $185.00 and a 52 week high of $452.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in AMR. Pacer Advisors Inc. boosted its position in shares of Alpha Metallurgical Resources by 22.2% during the second quarter. Pacer Advisors Inc. now owns 613,208 shares of the energy company’s stock valued at $172,023,000 after purchasing an additional 111,504 shares in the last quarter. Jupiter Asset Management Ltd. purchased a new position in Alpha Metallurgical Resources during the first quarter valued at $32,999,000. Norges Bank bought a new stake in shares of Alpha Metallurgical Resources during the 4th quarter valued at $21,900,000. Gendell Jeffrey L grew its position in shares of Alpha Metallurgical Resources by 21.8% in the 1st quarter. Gendell Jeffrey L now owns 350,125 shares of the energy company’s stock worth $115,951,000 after buying an additional 62,725 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Alpha Metallurgical Resources by 5.4% in the 4th quarter. Vanguard Group Inc. now owns 1,213,584 shares of the energy company’s stock worth $411,308,000 after acquiring an additional 61,915 shares in the last quarter. Hedge funds and other 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.