There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Arch Resources Inc. (ARCH) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.01%, to $158.85. The Arch Resources Inc. has recorded 17,441 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Arch Resources Reports Second Quarter 2023 Results.
As a NYSE listed company, ARCH falls under the Basic Materials sector while operating within the Coking Coal industry segment. At the end of the last regular session, the stock closed at $158.87 and fluctuated between $160.29 as its day high and $152.41 as its day low. The current market capitalization of Arch Resources Inc. is $2.83B. A total of 0.72 million shares were traded on the day, compared to an average of 366.20K shares.
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, ARCH has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 43 BUYs and 73 SELLs from insiders. Insiders purchased 378,726 shares during that period but sold 183,148.
In the most recent transaction, Klein Rosemary L sold 1,549 shares of ARCH for 165.00 per share on Mar 03. After the transaction, the Sr. VP, General Counsel & Sec now owns 7,999 company shares. In a previous transaction on Feb 28, Klein Rosemary L sold 2,477 shares at 158.03 per share. ARCH shares that Sr. VP, General Counsel & Sec owns now total 9,548.
Among the insiders who sold shares, Ziegler John A. disposed of 4,079 shares on Feb 27 at a per-share price of $151.61. This resulted in the Sr. VP & Chief Admin Officer holding 27,207 shares of ARCH after the transaction. In another insider transaction, Demzik Paul T. sold 3,926 shares at $151.58 per share on Feb 27. Company shares held by the Sr. VP-Chf Commercial Officer now total 12,237.
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Arch Resources Inc. pays an annual dividend of $1.00, resulting in a dividend yield of 0.63%, and it has a price to earnings (P/E) ratio of 3.43. ARCH’s most recent ex-dividend date was 8/30/2023 when it declared a $3.97 quarterly dividend that was paid in cash on 9/15/2023. Previously, the company paid the dividend on 6/15/2023 with an ex-dividend date of 5/30/2023. The ARCH stock dividend was $2.45 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for ARCH in the last 3 months, the mean price target is $168.33 with high estimates of $195.00 and low estimates of $140.00. In terms of 52-week highs and lows, ARCH has a high of $159.77 and a low of $96.60.
As of this writing, ARCH has an earnings estimate of $5.45 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $6.91 per share and a lower estimate of $4.64. The company reported an EPS of $10.02 in the last quarter, which was -2.80% lower than expectations of $10.31.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ARCH’s latest balance sheet shows that the firm has $339.66M in Cash & Short Term Investments as of fiscal 2021. There were $560.67M in debt and $522.34M in liabilities at the time. Its Book Value Per Share was $77.45, while its Total Shareholder’s Equity was $683.87M.
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ARCH is Buy with a score of 5.00.