It makes sense and dollars to buy Alliance Resource Partners, LP (ARLP) stock

With 0.53 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.27 million shares. During the session, the Thermal Coal company that operates in wider Energy sector, reached to the highest price of $28.6753 whereas the lowest price it dropped to was $27.8. The 52-week range on ARLP shows that it touched its highest point at $28.05 and its lowest point at $18.32 during that stretch. It currently has a 1-year price target of $27.50. With its current market cap of 3.73 billion, ARLP has annualized dividend of $2.80 while the current yield stands at 9.83%. ARLP paid its most recent dividend on 1730937600, while the ex-dividend date for that was 1730937600. Beta for the stock currently stands at 1.18.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARLP was up-trending over the past week, with a rise of 6.35%, but this was up by 11.73% over a month. Three-month performance surged to 18.86% while six-month performance rose 22.22%. The stock gained 30.15% in the past year, while it has gained 34.51% so far this year. A look at the trailing 12-month EPS for ARLP yields 3.53 with Next year EPS estimates of 3.37. For the next quarter, that number is 0.76. This implies an EPS growth rate of -28.27% for this year and -2.42% for next year. EPS is expected to decline by -6.83% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.92%.

Float and Shares Shorts:

At present, 127.13 million ARLP shares are outstanding with a float of 88.36 million shares on hand for trading. On 2024-10-31, short shares totaled 3.42 million, which was 267.00001000000003 higher than short shares on 1727654400. In addition to Mr. Joseph W. Craft III as the firm’s Chairman, President & CEO of Alliance Resource Management GP, LLC, Mr. Cary P. Marshall serves as its Senior VP, CFO, VP of Corporate Finance & Treasurer of Alliance Resource Management GP, LLC.

Institutional Ownership:

Through their ownership of 0.18941 of ARLP’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ARLP reported revenue of $613569000.0 and operating income of $101067000.0. The EBITDA in the recently reported quarter was $100566000.0 and diluted EPS was $0.66.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With ARLP analysts setting a high price target of 28.0 and a low target of 27.0, the average target price over the next 12 months is 27.5. Based on these targets, ARLP could drop -1.72% to reach the target high and fall by -5.23% to reach the target low. Reaching the average price target will result in a decline of -3.47% from current levels.

Analysts have provided yearly estimates in a range of $3.4937 being high and $3.38611 being low. For ARLP, this leads to a yearly average estimate of $3.45. The surprise factor in the prior quarter was $0.86. Based on analyst estimates, the high estimate for the next quarter is $0.9 and the low estimate is $0.9. The average estimate for the next quarter is thus $0.9.