Analysts predict Hallador Energy Co (HNRG) stock to reach $9 in the next 12 months

At the time of writing, Hallador Energy Co [HNRG] stock is trading at $9.93, down -2.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HNRG shares have gain 3.65% over the last week, with a monthly amount glided 3.76%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Hallador Energy Co [NASDAQ: HNRG] stock has seen the most recent analyst activity on May 30, 2024, when B. Riley Securities upgraded its rating to a Buy and also boosted its price target to $9 from $8. Previously, B. Riley Securities downgraded its rating to Neutral on January 17, 2023. On March 15, 2017, FBR & Co. reiterated its Outperform rating and revised its price target to $11 on the stock. FBR & Co. reiterated its Outperform rating and increased its price target to $12 on November 23, 2016. FBR & Co. reiterated its recommendation of a Outperform and raised its price target to $8 on October 13, 2016. FBR Capital reiterated a Outperform rating for this stock on November 10, 2015, and downed its price target to $8. In a note dated September 18, 2015, FBR Capital initiated an Outperform rating and provided a target price of $9 on this stock.

For the past year, the stock price of Hallador Energy Co fluctuated between $4.33 and $14.58. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. Hallador Energy Co [NASDAQ: HNRG] shares were valued at $9.93 at the most recent close of the market. An investor can expect a potential drop of -9.37% based on the average HNRG price forecast.

Analyzing the HNRG fundamentals

According to Hallador Energy Co [NASDAQ:HNRG], the company’s sales were 481.30M for trailing twelve months, which represents an -43.83% plunge. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.15.

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 9.75 points at the first support level, and at 9.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.21, and for the 2nd resistance point, it is at 10.49.

Ratios To Look Out For

It is important to note that Hallador Energy Co [NASDAQ:HNRG] has a current ratio of 0.53. Also, the Quick Ratio is 0.16, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.88, the price to book ratio is 1.34.

Transactions by insiders

Recent insider trading involved Wesley Charles Ray IV, Director, that happened on Sep 06 ’24 when 25000.0 shares were purchased. Director, Gray Zarrell Thomas completed a deal on Aug 29 ’24 to buy 2000.0 shares. Meanwhile, Director Gray Zarrell Thomas bought 1000.0 shares on Jun 12 ’24.

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