During The Past Six Months, Hallador Energy Co (NASDAQ: HNRG) Shares Took An 120.59% Jump. Here Is What We Should Expect

During the last session, Hallador Energy Co (NASDAQ:HNRG)’s traded shares were 0.4 million, with the beta value of the company hitting 0.62. At the end of the trading day, the stock’s price was $10.39, reflecting an intraday gain of 5.27% or $0.52. The 52-week high for the HNRG share is $15.79, that puts it down -51.97 from that peak though still a striking 58.33% gain since the share price plummeted to a 52-week low of $4.33. The company’s market capitalization is $442.61M, and the average intraday trading volume over the past 10 days was 0.59 million shares, and the average trade volume was 511.43K shares over the past three months.

Hallador Energy Co (HNRG) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. HNRG has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.1.

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Hallador Energy Co (NASDAQ:HNRG) trade information

Hallador Energy Co (HNRG) registered a 5.27% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 5.27% in intraday trading to $10.39, hitting a weekly high. The stock’s 5-day price performance is -1.89%, and it has moved by 62.60% in 30 days. Based on these gigs, the overall price performance for the year is -28.98%. The short interest in Hallador Energy Co (NASDAQ:HNRG) is 1.64 million shares and it means that shorts have 3.53 day(s) to cover.

The consensus price target of analysts on Wall Street is $9, which implies a decrease of -15.44% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $9 respectively. As a result, HNRG is trading at a premium of 13.38% off the target high and 13.38% off the low.

Hallador Energy Co (HNRG) estimates and forecasts

Statistics show that Hallador Energy Co has underperformed its competitors in share price, compared to the industry in which it operates. Hallador Energy Co (HNRG) shares have gone up 120.59% during the last six months, with a year-to-date growth rate less than the industry average at -132.03% against -5.70. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to shrink -122.70% this quarter and then jump 103.70% in the quarter after that. In the rating firms’ projections, revenue will decrease -31.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 117.1M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 119.4M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 165.77M and 119.18M respectively. In this case, analysts expect current quarter sales to shrink by -29.40% and then jump by 0.20% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 38.25%. While earnings are projected to return -132.80% in 2024.

HNRG Dividends

Hallador Energy Co is due to release its next quarterly earnings on 2024-Nov-04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 5.06%.

Hallador Energy Co (NASDAQ:HNRG)’s Major holders

Hallador Energy Co insiders own 16.03% of total outstanding shares while institutional holders control 57.73%, with the float percentage being 68.75%. AEGIS FINANCIAL CORP is the largest shareholder of the company, while 151.0 institutions own stock in it. As of 2024-06-30, the company held over 2.02 million shares (or 5.8051% of all shares), a total value of $15.7 million in shares.

The next largest institutional holding, with 1.74 million shares, is of BLACKROCK INC.’s that is approximately 5.0049% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $13.54 million.