A number of firms have modified their ratings and price targets on shares of Arch Resources (NYSE: ARCH) recently:
- 1/14/2025 – Arch Resources is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 1/6/2025 – Arch Resources was upgraded by analysts at Piper Sandler from a “neutral” rating to an “overweight” rating. They now have a $150.00 price target on the stock, down previously from $165.00.
- 1/6/2025 – Arch Resources is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 1/6/2025 – Arch Resources was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating. They now have a $150.00 price target on the stock, down previously from $165.00.
- 12/29/2024 – Arch Resources is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 12/21/2024 – Arch Resources is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 12/13/2024 – Arch Resources is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 12/5/2024 – Arch Resources is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
- 11/27/2024 – Arch Resources is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
Arch Resources Price Performance
NYSE ARCH remained flat at $134.83 during trading hours on Monday. Arch Resources, Inc. has a 52-week low of $116.44 and a 52-week high of $187.60. The business’s 50 day moving average is $152.76 and its two-hundred day moving average is $144.10. The firm has a market cap of $2.44 billion, a PE ratio of 14.16 and a beta of 0.69.
Arch Resources (NYSE:ARCH – Get Free Report) last announced its earnings results on Tuesday, November 5th. The energy company reported ($0.34) earnings per share for the quarter, missing analysts’ consensus estimates of $1.83 by ($2.17). Arch Resources had a net margin of 6.69% and a return on equity of 13.22%. The company had revenue of $617.90 million for the quarter, compared to analysts’ expectations of $587.71 million. During the same quarter in the prior year, the firm posted $3.91 earnings per share. Arch Resources’s quarterly revenue was down 17.0% on a year-over-year basis. On average, sell-side analysts forecast that Arch Resources, Inc. will post 5.02 EPS for the current year.
Arch Resources Announces Dividend
Institutional Investors Weigh In On Arch Resources
Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC grew its stake in Arch Resources by 340.5% during the fourth quarter. GAMMA Investing LLC now owns 185 shares of the energy company’s stock valued at $26,000 after acquiring an additional 143 shares in the last quarter. Quest Partners LLC bought a new stake in shares of Arch Resources in the third quarter worth about $50,000. KBC Group NV lifted its position in shares of Arch Resources by 43.3% in the third quarter. KBC Group NV now owns 569 shares of the energy company’s stock worth $79,000 after buying an additional 172 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Arch Resources by 191.1% in the third quarter. Blue Trust Inc. now owns 978 shares of the energy company’s stock worth $149,000 after buying an additional 642 shares in the last quarter. Finally, Westchester Capital Management LLC bought a new position in Arch Resources during the third quarter valued at approximately $157,000. 88.14% of the stock is owned by institutional investors.
Arch Resources, Inc engages in the production and sale of metallurgical products. It operates in two segments, Metallurgical and Thermal. The company operates active mines. It owned or controlled primarily through long-term leases of coal land in Ohio, Maryland, Virginia, West Virginia, Wyoming, Kentucky, Montana, Pennsylvania, Colorado, and Illinois; and smaller parcels of property in Alabama, Indiana, Washington, Arkansas, California, Utah, and Texas.
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