Hallador Energy Co (NASDAQ: HNRG) has reported E.P.S. of $-0.27 for its second fiscal quarter (ending June 30) versus $0.51 for the same period a year ago — a decline of -153%. Relative to the consensus estimate of $-0.08, this was a shortfall of $-0.19. E.P.S. were $-0.14 for the latest four quarters through June 30 versus $2.14 for the same period a year ago — a decline of -107%.
Recent Price Action
Hallador Energy Co (NASDAQ: HNRG) stock enjoyed a large increase of 2.7% on 8/6/24. The stock closed at $6.84. However, this advance was accompanied by unusually low trading volume at 66% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -12.4% during the last week.
Current PriceTarget Research Rating
HNRG is expected to be a modest Value Eraser reflecting capital returns that are forecasted to be below the cost of capital.
Hallador Energy has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hallador Energy has a good Appreciation Score of 74 but a very low Power Rating of 9, triggering the Negative Value Trend Rating.
Rating Review
In light of this discouraging new earnings information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment