Hallador Energy Company (HNRG) – What Are Analysts Saying About This Stock?

by · The Markets Daily

Hallador Energy Company (NASDAQ:HNRG – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the six research firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $24.88.

HNRG has been the subject of a number of research analyst reports. Zacks Research cut Hallador Energy from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 12th. Weiss Ratings lowered shares of Hallador Energy from a “hold (c-)” rating to a “sell (d-)” rating in a report on Tuesday, August 18th. Wall Street Zen cut shares of Hallador Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 15th. Northland Securities set a $27.00 price objective on shares of Hallador Energy in a research report on Tuesday, October 6th. Finally, Alliance Global Partners raised shares of Hallador Energy to a “strong-buy” rating in a research note on Friday, August 14th.

Check Out Our Latest Analysis on HNRG

Hallador Energy Trading Down 7.9%

HNRG stock opened at $11.71 on Friday. The business has a fifty day moving average price of $15.12 and a 200 day moving average price of $16.20. Hallador Energy has a fifty-two week low of $11.46 and a fifty-two week high of $24.70. The stock has a market capitalization of $552.01 million, a price-to-earnings ratio of 585.50 and a beta of 0.45. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.72 and a quick ratio of 0.24.

Hallador Energy (NASDAQ:HNRG – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The energy company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.20). The business had revenue of $101.51 million during the quarter, compared to analyst estimates of $90.33 million. Hallador Energy had a negative return on equity of 0.52% and a negative net margin of 0.20%. Analysts expect that Hallador Energy will post -0.47 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. SummerHaven Investment Management LLC acquired a new position in shares of Hallador Energy during the third quarter valued at $1,462,000. WealthPlan Investment Management LLC bought a new position in Hallador Energy in the third quarter valued at about $147,000. Byrne Asset Management LLC boosted its holdings in Hallador Energy by 23.5% in the third quarter. Byrne Asset Management LLC now owns 9,620 shares of the energy company’s stock valued at $130,000 after acquiring an additional 1,830 shares during the last quarter. Squarepoint Ops LLC boosted its holdings in Hallador Energy by 155.3% in the second quarter. Squarepoint Ops LLC now owns 215,999 shares of the energy company’s stock valued at $3,756,000 after acquiring an additional 131,390 shares during the last quarter. Finally, Value Aligned Research Advisors LLC acquired a new stake in Hallador Energy in the second quarter worth about $5,578,000. Institutional investors own 61.38% of the company’s stock.

Hallador Energy Company Profile

(Get Free Report)

Hallador Energy, Inc is an energy company focused primarily on the production and marketing of thermal coal. Through its subsidiary Sunrise Coal, the company operates mining properties in the Illinois Basin, with activities concentrated in southwestern Indiana. Its coal is sold mainly to electric utilities and other industrial customers for use in power generation.

Hallador’s operations include the Oaktown and Carlisle mining complexes in Indiana, which produce coal for domestic energy markets.

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