Alliance Resource Partners LP (NASDAQ: ARLP) has recently enjoyed extremely important positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.
Significant positive changes in fundamentals have recently occurred for Alliance Resource Partners LP (NASDAQ: ARLP): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
ARLP’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Alliance Resource Partners has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Alliance Resource Partners has a very high Appreciation Score of 86 but a neutral Power Rating of 45, leading to the Positive Value Trend Rating.
Recent Price Action
On 5/6/24, Alliance Resource Partners LP (NASDAQ: ARLP) stock enjoyed a large increase of 2.0%, closing at $23.72. Moreover, trading volume in this advance was exceptionally high at 231% of normal. Relative to the market the stock has been weak over the last nine months but has risen 12.2% during the last week.
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