Today’s Market Runner: How Analysts Feel About Hallador Energy Co After Today’s Big Increase?

Today's Market Runner: How Analysts Feel About Hallador Energy Co After Today's Big Increase?

The stock of Hallador Energy Co (NASDAQ:HNRG) is a huge mover today! About 137,980 shares traded hands. Hallador Energy Co (NASDAQ:HNRG) has risen 34.07% since March 10, 2016 and is uptrending. It has outperformed by 26.55% the S&P500.
The move comes after 7 months positive chart setup for the $208.19 million company. It was reported on Oct, 13 by Barchart.com. We have $18.12 PT which if reached, will make NASDAQ:HNRG worth $291.47 million more.

Analysts await Hallador Energy Co (NASDAQ:HNRG) to report earnings on November, 4. They expect $0.10 earnings per share, down 41.18% or $0.07 from last year’s $0.17 per share. HNRG’s profit will be $2.76M for 18.88 P/E if the $0.10 EPS becomes a reality. After $0.19 actual earnings per share reported by Hallador Energy Co for the previous quarter, Wall Street now forecasts -47.37% negative EPS growth.

Hallador Energy Co (NASDAQ:HNRG) Ratings Coverage

Out of 2 analysts covering Hallador Energy (NASDAQ:HNRG), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Hallador Energy has been the topic of 5 analyst reports since August 12, 2015 according to StockzIntelligence Inc. FBR Capital maintained Hallador Energy Co (NASDAQ:HNRG) rating on Tuesday, November 10. FBR Capital has “Outperform” rating and $8 price target. The rating was upgraded by Zacks on Wednesday, August 12 to “Strong Sell”. Cowen & Co maintained Hallador Energy Co (NASDAQ:HNRG) rating on Wednesday, August 12. Cowen & Co has “Outperform” rating and $10 price target. FBR Capital maintained the stock with “Outperform” rating in Thursday, October 13 report. On Friday, September 18 the stock rating was initiated by FBR Capital with “Outperform”.

According to Zacks Investment Research, “Hallador Energy Company, formerly known as Hallador Petroleum Company is engaged in the production of steam coal. The Company’s primary operating property is the Carlisle underground coal mine located in western Indiana. Hallador Energy Company is based in Denver, Colorado.”

Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 1.00, from 2 in 2016Q1. The ratio is negative, as 18 funds sold all Hallador Energy Co shares owned while 19 reduced positions. 20 funds bought stakes while 17 increased positions. They now own 8.11 million shares or 7.84% less from 8.80 million shares in 2016Q1.
The California-based First Quadrant Ltd Partnership Ca has invested 0% in Hallador Energy Co (NASDAQ:HNRG). Sei Investments Communication accumulated 211 shares or 0% of the stock. Cornerstone Holdings Ltd Liability Com accumulated 4,100 shares or 0% of the stock. Manufacturers Life Insurance The reported 826 shares or 0% of all its holdings. The Massachusetts-based Panagora Asset Mgmt has invested 0% in Hallador Energy Co (NASDAQ:HNRG). Parametric Port Associate Llc holds 53,168 shares or 0% of its portfolio. Travelers Inc last reported 2,471 shares in the company. Perritt Mngmt has 327,857 shares for 0.4% of their US portfolio. Pnc Fincl Ser Gp, a Pennsylvania-based fund reported 50,839 shares. Bridgeway Cap Mngmt has invested 0.01% of its portfolio in Hallador Energy Co (NASDAQ:HNRG). National Bank & Trust Of New York Mellon holds 0% of its portfolio in Hallador Energy Co (NASDAQ:HNRG) for 90,831 shares. Martingale Asset Management Lp last reported 0.01% of its portfolio in the stock. Moreover, Blackrock Institutional Company Na has 0% invested in Hallador Energy Co (NASDAQ:HNRG) for 69,076 shares. Millennium Mngmt Lc owns 74,344 shares or 0% of their US portfolio. Moreover, Counsel Services has 0.01% invested in Hallador Energy Co (NASDAQ:HNRG) for 19,939 shares.

Insider Transactions: Since August 18, 2016, the stock had 1 insider buy, and 1 sale for $873,250 net activity. Shares for $6,918 were bought by STABIO VICTOR P on Thursday, August 18. The insider Bilsland Brent K sold $880,168.

More news for Hallador Energy Co (NASDAQ:HNRG) were recently published by: Marketwatch.com, which released: “Hallador Energy Co.” on October 08, 2010. Prnewswire.com‘s article titled: “Hallador Energy Company Announces Second Quarter 2016 Earnings Release and …” and published on July 25, 2016 is yet another important article.

HNRG Company Profile

Hallador Energy Company, incorporated on December 31, 1985, is an gas and oil exploration firm that is focused on developing coal reserves in the Illinois Basin. The Company, through its subsidiary, Sunrise Coal, LLC, is engaged in coal mining in the state of Indiana serving the electric power generation industry. The Firm also holds interest in Savoy Energy, L.P., which is an gas and oil exploration firm with activities in Michigan, and Sunrise Energy, LLC, which is a gas exploration firm with activities in Indiana. The Firm projects include Carlisle Mine, Ace in the Hole Mine, Oaktown 1 Mine, Oaktown 2 Mine and Bulldog Mine. The Firm develops over 10 million tons of coal annually and has clients in the mid-west and southeastern United States. It has over 40.6 million tons of the Indiana coal V seam. In addition, the Company has over 69.3 million controlled tons in both Knox County, Indiana and Lawrence County, Illinois. The two Oaktown mines are separated by a sandstone channel. The coal seam thickness ranges from 4 feet to 9 feet. The Oaktown mines share the same wash plant, which is rated at over 1,600 tons per hour.

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