Arch Resources Inc [ARCH] stock prices are up 2.24% to $169.00 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ARCH shares have gain 1.63% over the last week, with a monthly amount drifted -3.70%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Arch Resources Inc [NYSE: ARCH] stock has seen the most recent analyst activity on June 07, 2022, when Jefferies upgraded its rating to a Buy and also boosted its price target to $225 from $160. Previously, Citigroup upgraded its rating to Buy on September 29, 2021, and elevated its price target to $110. On March 05, 2021, Citigroup initiated with a Neutral rating. The Benchmark Company reiterated its Buy rating and decreased its price target to $54 on October 23, 2020. Jefferies downgraded its rating to a Hold and reduced its price target to $26 on April 27, 2020. The Benchmark Company reiterated a Buy rating for this stock on April 07, 2020, and downed its price target to $48. In a note dated February 10, 2020, The Benchmark Company initiated an Buy rating and provided a target price of $75 on this stock.
The stock price of Arch Resources Inc [ARCH] has been fluctuating between $98.22 and $185.90 over the past year. Currently, Wall Street analysts expect the stock to reach $225 within the next 12 months. Arch Resources Inc [NYSE: ARCH] shares were valued at $169.00 at the most recent close of the market. An investor can expect a potential return of 33.14% based on the average ARCH price forecast.
Analyzing the ARCH fundamentals
The Arch Resources Inc [NYSE:ARCH] reported sales of 3.15B for trailing twelve months, representing a drop of -9.94%. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.32 and Total Capital is 0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 166.31 points at the first support level, and at 163.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 170.71, and for the 2nd resistance point, it is at 172.41.
Arch Resources Inc [ARCH] reported earnings per share of $6.07 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $7.35/share, meaning a difference of -$1.28 and a surprise factor of -17.40%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $3.91 per share as compared to estimates of $3.47 per share, a difference of $0.44 representing a surprise of 12.70%.
Ratios To Look Out For
It’s worth pointing out that Arch Resources Inc [NYSE:ARCH]’s Current Ratio is 2.49. Also, the Quick Ratio is 1.83, while the Cash Ratio stands at 0.79. Considering the valuation of this stock, the price to sales ratio is 0.99, the price to book ratio is 2.10 and price to earnings (TTM) ratio is 7.03.
Transactions by insiders
Recent insider trading involved Demzik Paul T., Sr. VP-Chf Commercial Officer, that happened on Feb 27 when 6111.0 shares were sold. VP & Chief Acctg Officer, LORSON JOHN W completed a deal on Feb 27 to sell 465.0 shares. Meanwhile, Sr. VP – Strategy & Public Pol Slone Deck sold 5020.0 shares on Feb 26.
