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HCC
Warrior Met Coal, Inc.NYSEMaterialsCoking CoalSnapshot 2026-06-12
Intact
$98.11+4.35%
Close 2026-06-12 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is strong, while earnings quality is neutral and management's recent track record has been steady. Risk is elevated, and the sector backdrop is a headwind, which may impact future performance. Peer multiples imply a price about 88% below where it trades (it looks expensive on this basis); the read is expensive, growth-justified, as it is rich on today's multiple, but the three-year horizon reads cheaper once expected earnings growth is included. Key factors to watch include guidance changes and sector trends, as these could significantly influence HCC's outlook. This read is provisional.
as of 2026-06-12
Quick facts
- Exchange
- NYSE
- Sector
- Materials
- Industry
- Coking Coal
- Market cap
- $4.96B
- Employees
- —
- IPO date
- 2017-03-07
- Next earnings
- 2026-08-05
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 6 valuation methods, at three horizons. Current price $98.11. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryexpensive
$52.30consensus
Range $36.61 – $67.52
vs price: +88% above
Method agreement — · 6 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$169.53consensus
Range $120.02 – $279.64
vs price: -42% below
Method agreement — · 3 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Re-ratinglow confidence
At $98 HCC trades at 37× p/e — 1.9× the 20× p/e peer median, and above its own 9× history. The market is re-rating it beyond its own range; our $52 fair value is low-confidence here. Not investment advice.
Multiple (P/E)
37.4x
peer 20.1x · own history 8.8x
Premium
1.9x peer
4.3x its own history
Growth the price needs
88%
our forecast 8%
Our fair value
$52.30
range $36.61 – $67.52
WhyValuation methods disagreeExtended vs its own history
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
expensiveexpensive — growth-justified12-month view
What's priced inUnjustified
The market is pricing in roughly 88% near-term growth, well above our forecast of about 8%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only expensive valuation — not the full expensive x weak x turbulent stack. Regime (Crisis) does not concentrate fragility.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
strongOperating income rose in 3 of the last 3 quarter-over-quarter moves. Historically, Materials names rated strong grew net income 63% of the time over the next year (vs 54% for the rest of the cohort, n=1093).
99th pctl · Materials
Earnings quality
neutralOver the trailing year it converted 1.50x of net income into operating cash flow. Historically, Materials names rated neutral grew net income 52% of the time over the next year (vs 55% for the rest of the cohort, n=1297).
50th pctl · Materials
Macro sensitivity
Not enough signal yet.
Not enough signal to read sensitivity to the US dollar, the broad stock market, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
Management & capital allocation
stable1 material management or governance event in the past 24 months, led by executive changes. Historically, Materials names rated stable grew net income 45% of the time over the next year (vs 58% for the rest of the cohort, n=210).
Earnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
NeutralEPS revised +16.6% / 30d, n=5for period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $1.52 → $1.77 (+16.6% / 30d). 0 raised, 3 cut, 5 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d, 1 maintained. 57% of analysts rate Buy.
Sector context
Intermediate · WeeklySector phase: materials is in declining, with may be transitioning (~0.8 years in phase).
Sector regime (90d momentum): headwind.Secular epoch: Growth by revenue growth · theme copper/electrification.headwind
Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: neutral
- Capital allocation
- neutral
- Earnings discipline
- weak
- Margin discipline
- weak
- Balance sheet
- neutral
- Post-call reaction
- strong
A guidance track record builds as the company issues and delivers on guidance.
as of 2026-06-12
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$227.
How much price usually moves either way.
On a bad day, this stock has moved -$438.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $2,441.
Deepest peak-to-trough drop in the last year.
elevatedas of 2026-06-12
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-12
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideHigh confidenceMonthsactive 14d
Watch for sector revenue growth turning positive
Why it matters: The materials sector has been declining. A positive change could signal a recovery for Warrior Met Coal.
What confirms / what disproves
Confirms:Sector revenue growth turns positive after being near -2% for three years.
Disproves:Sector revenue growth continues to decline or stays negative.
Sector context
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for HCC yet.
This sector is also watching
- Watch for revenue growth turning positive in Materials
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like AMR, METC, and SXC keep beating earnings and guiding higher, the Materials sector momentum should keep lifting HCC and other Materials names. Worth watching these names for early signals.
- If HCC raises forward guidance on the next earnings call (currently NEW as of 2026-04-30), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If HCC cuts guidance on the next call (currently NEW as of 2026-04-30), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like AMR, METC, and SXC start missing or guiding lower, the Materials tailwind helping HCC and other Materials names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits HCC and other Materials names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-04-301mo agoItem 2.02
Results of Operations and Financial Condition. On April 30, 2026, Warrior Met Coal, Inc. (the "Company") issued a press release announcing the Company's first quarter 2026 results. A copy of the press release is attached hereto as Exhibit 99.1. The information provided pursuant to this Item 2.02, including Exhibit 99.1 in Item 9.01, is “furnished” and shall not be deemed to be “filed” with the Securities and Exchange Commission or incorporated by reference in any filing under the Securities E…
Earnings preannouncement—
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+3.6 vs last weeklatest as of 2026-06-13
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.