A share price of Alliance Resource Partners, LP [ARLP] is currently trading at $27.58, up 1.81%. An important factor to consider is whether the stock is rising or falling in short-term value. The ARLP shares have gain 5.15% over the last week, with a monthly amount glided 5.23%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Alliance Resource Partners, LP [NASDAQ: ARLP] stock has seen the most recent analyst activity on March 30, 2022, when Noble Capital Markets initiated its Outperform rating and assigned the stock a price target of $22. On February 04, 2020, The Benchmark Company initiated with a Buy rating and assigned a price target of $11 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $22 on August 19, 2019. Seaport Global Securities downgraded its rating to a Neutral. B. Riley FBR downgraded its rating to Neutral for this stock on July 17, 2019, and downed its price target to $20. In a note dated May 23, 2018, MKM Partners upgraded an Buy rating on this stock.
Alliance Resource Partners, LP experienced fluctuations in its stock price throughout the past year between $18.32 and $29.44. Alliance Resource Partners, LP [NASDAQ: ARLP] shares were valued at $27.58 at the most recent close of the market.
Analyzing the ARLP fundamentals
Trailing Twelve Months sales for Alliance Resource Partners, LP [NASDAQ:ARLP] were 2.48B which represents -3.61% decline. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.24 and Total Capital is 0.18. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.
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 27.00 points at the first support level, and at 26.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.06, and for the 2nd resistance point, it is at 28.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Alliance Resource Partners, LP [NASDAQ:ARLP] is 2.36. On the other hand, the Quick Ratio is 1.69, and the Cash Ratio is 0.74. Considering the valuation of this stock, the price to sales ratio is 1.42, the price to book ratio is 1.86 and price to earnings (TTM) ratio is 7.82.
Transactions by insiders
Recent insider trading involved Whelan Timothy J, SENIOR VICE PRESIDENT SALES, that happened on Dec 13 ’24 when 30000.0 shares were sold. SENIOR VICE PRESIDENT SALES, Whelan Timothy J completed a deal on Dec 11 ’24 to sell 10000.0 shares. Meanwhile, SENIOR VICE PRESIDENT SALES Whelan Timothy J sold 10000.0 shares on Dec 02 ’24.
