Arch Resources Inc. [NYSE: ARCH] gained 10.33% or 5.29 points to close at $56.51 with a heavy trading volume of 1076727 shares. The company report on February 9, 2021 that Arch Resources, Inc. to Host Earnings Call.
Arch Resources, Inc. (NYSE:ARCH) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 9, 2021 at 10:00 AM Eastern Time.
To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/73121.
It opened the trading session at $51.28, the shares rose to $56.96 and dropped to $49.36, the range by which the price of stock traded the whole day. The daily chart for ARCH points out that the company has recorded 76.26% gains over the past six months. However, it is still -159.22% lower than its most recent low trading price.
If we look at the average trading volume of 432.70K shares, ARCH reached to a volume of 1076727 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Arch Resources Inc. [ARCH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARCH shares is $60.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARCH stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Benchmark Company have made an estimate for Arch Resources Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 23, 2020. While these analysts kept the previous recommendation, Jefferies dropped their target price from $50 to $26. The new note on the price target was released on April 27, 2020, representing the official price target for Arch Resources Inc. stock. Previously, the target price had yet another drop from $70 to $48, while The Benchmark Company kept a Buy rating on ARCH stock.
The Average True Range (ATR) for Arch Resources Inc. is set at 3.28, with the Price to Sales ratio for ARCH stock in the period of the last 12 months amounting to 0.58. The Price to Book ratio for the last quarter was 3.03, with the Price to Cash per share for the same quarter was set at 18.84.
Trading performance analysis for ARCH stock
Arch Resources Inc. [ARCH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.32. With this latest performance, ARCH shares gained by 10.54% in over the last four-week period, additionally plugging by 76.26% over the last 6 months – not to mention a rise of 8.53% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ARCH stock in for the last two-week period is set at 70.05, with the RSI for the last a single of trading hit 76.70, and the three-weeks RSI is set at 66.50 for Arch Resources Inc. [ARCH]. The present Moving Average for the last 50 days of trading for this stock 47.57, while it was recorded at 51.05 for the last single week of trading, and 37.91 for the last 200 days.
Arch Resources Inc. [ARCH]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Arch Resources Inc. [ARCH] shares currently have an operating margin of -9.14 and a Gross Margin at -3.53. Arch Resources Inc.’s Net Margin is presently recorded at -23.45.
Return on Total Capital for ARCH is now -15.04, given the latest momentum, and Return on Invested Capital for the company is -39.86. Return on Equity for this stock declined to -74.58, with Return on Assets sitting at -19.20. When it comes to the capital structure of this company, Arch Resources Inc. [ARCH] has a Total Debt to Total Equity ratio set at 187.59. Additionally, ARCH Total Debt to Total Capital is recorded at 65.23, with Total Debt to Total Assets ending up at 30.88. Long-Term Debt to Equity for the company is recorded at 175.45, with the Long-Term Debt to Total Capital now at 61.01.
Reflecting on the efficiency of the workforce at the company, Arch Resources Inc. [ARCH] managed to generate an average of -$107,692 per employee. Receivables Turnover for the company is 9.69 with a Total Asset Turnover recorded at a value of 0.82.Arch Resources Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 2.00.
Arch Resources Inc. [ARCH]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Arch Resources Inc. posted -1.64/share EPS, while the average EPS was predicted by analysts to be reported at -1.12/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -46.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ARCH.
An analysis of insider ownership at Arch Resources Inc. [ARCH]
There are presently around $1,055 million, in the hands of institutional investors. The top three institutional holders of ARCH stocks are: ADAGE CAPITAL PARTNERS GP, L.L.C. with ownership of 1,416,056, which is approximately 4.017% of the company’s market cap and around 1.30% of the total institutional ownership; VANGUARD GROUP INC, holding 1,407,442 shares of the stock with an approximate value of $79.53 million in ARCH stocks shares; and MORGAN STANLEY, currently with $68.71 million in ARCH stock with ownership of nearly 48.323% of the company’s market capitalization.
Positions in Arch Resources Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 76 institutional holders increased their position in Arch Resources Inc. [NYSE:ARCH] by around 3,961,245 shares. Additionally, 69 investors decreased positions by around 3,149,149 shares, while 18 investors held positions by with 11,563,408 shares. The mentioned changes placed institutional holdings at 18,673,802 shares, according to the latest SEC report filing. ARCH stock had 34 new institutional investments in for a total of 1,769,272 shares, while 32 institutional investors sold positions of 1,060,734 shares during the same period.