AMR Stock Recent News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here is how Alpha Metallurgical (AMR) and PPG Industries (PPG) have performed compared to their sector so far this year.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Let's take a look at three highly ranked basic materials stocks that may be able to capitalize on reaccelerating inflation.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Alpha Metallurgical (AMR) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Alpha Metallurgical (AMR) came out with quarterly earnings of $12.16 per share, beating the Zacks Consensus Estimate of $9.32 per share. This compares to earnings of $30.03 per share a year ago.

Alpha Metallurgical Resources offers a compelling investment opportunity due to its straightforward business model, debt-free status, and solid margins. Despite recent slowdowns, global steel demand is forecasted to grow, supporting AMR's Met Coal business and potential for shareholder returns. Key risks include macroeconomic factors, execution challenges, commodity price volatility, and technical sentiment.

Alpha Metallurgical Resources is going for a very low valuation. The company has low breakeven prices and negative net debt, reducing the risk. Share repurchases are capturing the low valuation and adding a floor to the stock price.

Here is how Alpha Metallurgical (AMR) and Piedmont Lithium Inc. (PLL) have performed compared to their sector so far this year.