Recent exceptional positive changes in investment behavior have benefitted Alliance Resource Partners LP (NASDAQ: ARLP): the stock rose on very heavy volume, and positive upside/downside volume developed.
Alliance Resource Partners LP (NASDAQ: ARLP) has benefited from important positive changes in fundamentals: 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). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Alliance Resource Partners has a very high Appreciation Score of 85 but a neutral Power Rating of 44, with the Positive Value Trend Rating the result.
Recent Price Action
On 5/31/24, Alliance Resource Partners LP (NASDAQ: ARLP) stock enjoyed a large increase of 3.3%, closing at $24.64. Moreover, this advance was accompanied by exceptionally high trading volume at 208% of normal. Relative to the market the stock has been weak over the last nine months but has risen 6.4% during the last week.
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