The price of Arch Resources Inc (NYSE: ARCH) closed at $168.57 in the last session, down -4.44% from day before closing price of $176.40. In other words, the price has decreased by -$7.83 from its previous closing price. On the day, 816531 shares were traded.
Ratios:
We take a closer look at ARCH’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.74. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 2.49. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on June 07, 2022, Upgraded its rating to Buy and sets its target price to $225 from $160 previously.
On September 29, 2021, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $62 to $110.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 08 ’24 when EAVES JOHN W sold 12,609 shares for $186.22 per share. The transaction valued at 2,348,048 led to the insider holds 124,116 shares of the business.
CHAPMAN JAMES N sold 2,005 shares of ARCH for $369,080 on Mar 08 ’24. The Director now owns 1,219 shares after completing the transaction at $184.08 per share. On Mar 07 ’24, another insider, EAVES JOHN W, who serves as the Executive Chairman of the company, sold 72,946 shares for $185.03 each. As a result, the insider received 13,497,382 and left with 136,725 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARCH now has a Market Capitalization of 3.04B and an Enterprise Value of 2.86B. As of this moment, Arch’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.01, and their Forward P/E ratio for the next fiscal year is 7.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 0.91 whereas that against EBITDA is 4.02.
Stock Price History:
Over the past 52 weeks, ARCH has reached a high of $187.60, while it has fallen to a 52-week low of $98.22. The 50-Day Moving Average of the stock is 172.69, while the 200-Day Moving Average is calculated to be 148.02.
Shares Statistics:
According to the various share statistics, ARCH traded on average about 369.45K shares per day over the past 3-months and 655.85k shares per day over the past 10 days. A total of 18.36M shares are outstanding, with a floating share count of 17.26M. Insiders hold about 5.98% of the company’s shares, while institutions hold 86.60% stake in the company. Shares short for ARCH as of Feb 29, 2024 were 804.34k with a Short Ratio of 2.18, compared to 836.28k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.38% and a Short% of Float of 5.04%.
Dividends & Splits
The forward annual dividend rate for ARCH is 1.00, which was 10.66 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 6.04%, it implies a Forward Annual Dividend Yield of 5.46%. The stock’s 5-year Average Dividend Yield is 2.35. The current Payout Ratio is 4.13% for ARCH, which recently paid a dividend on Mar 15, 2024 with an ex-dividend date of Feb 28, 2024. Stock splits for the company last occurred on Aug 04, 2015 when the company split stock in a 1:10 ratio.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of $6.15 for the current quarter, with a high estimate of $7.53 and a low estimate of $4.62, while EPS last year was $10.02. The consensus estimate for the next quarter is $6.03, with high estimates of $6.41 and low estimates of $5.55.
Analysts are recommending an EPS of between $24.1 and $20.65 for the fiscal current year, implying an average EPS of $22.19. EPS for the following year is $23.52, with 5 analysts recommending between $25.98 and $19.26.
Revenue Estimates
According to 3 analysts, the current quarter’s revenue is expected to be $675.33M. It ranges from a high estimate of $750M to a low estimate of $629M. As of the current estimate, Arch Resources Inc’s year-ago sales were $869.93M, an estimated decrease of -22.40% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $688.55M, an increase of 2.70% over than the figure of -$22.40% in the same quarter last year. There is a high estimate of $732.1M for the next quarter, whereas the lowest estimate is $645M.
A total of 4 analysts have provided revenue estimates for ARCH’s current fiscal year. The highest revenue estimate was $2.9B, while the lowest revenue estimate was $2.42B, resulting in an average revenue estimate of $2.68B. In the same quarter a year ago, actual revenue was $3.15B, down -14.90% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $2.71B in the next fiscal year. The high estimate is $3.02B and the low estimate is $2.32B. The average revenue growth estimate for next year is up 1.10% from the average revenue estimate for this year.
