Hallador Energy (HNRG) Upgraded to “Hold” by ValuEngine

Hallador Energy (NASDAQ:HNRG) was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, April 9th, ValuEngine reports.

Separately, Zacks Investment Research upgraded shares of Hallador Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, January 9th.

Shares of Hallador Energy stock traded up $0.14 during trading on Tuesday, hitting $5.07. 26,105 shares of the company’s stock traded hands, compared to its average volume of 46,118. The firm has a market cap of $153.34 million, a P/E ratio of 20.28 and a beta of -0.05. Hallador Energy has a twelve month low of $4.75 and a twelve month high of $7.98. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.06 and a current ratio of 1.64.

Hallador Energy (NASDAQ:HNRG) last released its quarterly earnings results on Monday, March 11th. The energy company reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.01). The firm had revenue of $89.73 million during the quarter, compared to analyst estimates of $89.40 million. Hallador Energy had a net margin of 2.58% and a return on equity of 2.99%. On average, equities analysts forecast that Hallador Energy will post 0.42 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC raised its stake in shares of Hallador Energy by 20.3% in the first quarter. SG Americas Securities LLC now owns 16,845 shares of the energy company’s stock worth $89,000 after acquiring an additional 2,837 shares during the last quarter. Brandywine Global Investment Management LLC raised its stake in shares of Hallador Energy by 27.5% in the fourth quarter. Brandywine Global Investment Management LLC now owns 16,158 shares of the energy company’s stock worth $82,000 after acquiring an additional 3,490 shares during the last quarter. Mackay Shields LLC raised its stake in shares of Hallador Energy by 15.5% in the fourth quarter. Mackay Shields LLC now owns 31,749 shares of the energy company’s stock worth $161,000 after acquiring an additional 4,249 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Hallador Energy by 39.5% in the fourth quarter. Rhumbline Advisers now owns 22,180 shares of the energy company’s stock worth $112,000 after acquiring an additional 6,280 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Hallador Energy by 5.0% in the fourth quarter. Geode Capital Management LLC now owns 193,447 shares of the energy company’s stock worth $980,000 after acquiring an additional 9,229 shares during the last quarter. 48.33% of the stock is owned by institutional investors.

About Hallador Energy

Hallador Energy Company, through its subsidiaries, engages in the mining, production, and sale of steam coal for the electric power generation industry in the United States. The company holds interests in the Oaktown 1 mine underground mine located in Knox County, Indiana; the Oaktown 2 mine located in Knox County, Indiana and Lawrence County, Illinois; Carlisle underground coal mine located near the town of Carlisle, Indiana; and Ace in the Hole mine located near Clay City, Indiana.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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