Analyst Ratings for Alliance Resource Partners L.P. (ARLP)Updated: 2017-07-28
Alliance Resource Partners L.P. (NASDAQ:ARLP) was awarded an average rating of Overweight from investment analysts following the stock. ARLP had previously received a consensus rating of Overweight a month ago.
4 analysts declared ARLP a buy, 1 gave an overweight rating, 2 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
ARLP was given price targets by several analysts. The maximum price target given was 32, which equates to a potential upside of 60.8 percent. The most pessimistic analyst gave a price target of 25, implying potential capital losses of 25.63 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.64 percent on average, compared to last month. That number becomes 14.83 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 12.98 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.
ARLP has an estimated earnings growth rate of -22.13 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of ARLP is -0.22.
ARLP has traded between a high of 26.65 and a low of 18.15 over the past year. The current market price is above the trailing year's low by 9.64 percent, and 25.33 percent lower than its 52-week high. ARLP has a P/E ratio of 4.82. Investors typically compare the P/E ratio to a company's peers in the industry. The ARLP value stock report compares ARLP to some of its peers using value stock charts. The market cap of ARLP is $1.5 billion. ARLP will post this quarters earnings in days, on 0000-00-00.