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Best Coking Coal Stocks to Buy Now (2024)
Top coking coal stocks in 2024 ranked by overall Zen Score. See the best coking coal stocks to buy now, according to analyst forecasts for the coking coal industry.

Industry: Coking Coal
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
METC
RAMACO RESOURCES INC
$894.02M$16.84$19.5015.80%Buy517.90%30.19%N/AN/A
ARCH
ARCH RESOURCES INC
$2.95B$160.79$186.0015.68%Strong Buy3-6.48%0.00%N/AN/A
HCC
WARRIOR MET COAL INC
$3.17B$60.70$66.259.14%Buy41.41%-11.77%N/AN/A
AMR
ALPHA METALLURGICAL RESOURCES INC
$4.30B$331.17$381.0015.05%Strong Buy1-3.02%N/AN/AN/A
SXC
SUNCOKE ENERGY INC
$944.16M$11.27N/AN/AN/AN/A-16.39%0.00%N/AN/A
AREC
AMERICAN RESOURCES CORP
$110.36M$1.41$3.25130.50%Buy1N/AN/AN/AN/A

Coking Coal Stocks FAQ

What are the best coking coal stocks to buy right now in Mar 2024?

According to Zen Score, the 3 best coking coal stocks to buy right now are:

1. Ramaco Resources (NASDAQ:METC)


Ramaco Resources (NASDAQ:METC) is the top coking coal stock with a Zen Score of 57, which is 17 points higher than the coking coal industry average of 40. It passed 22 out of 38 due diligence checks and has strong fundamentals. Ramaco Resources has seen its stock return 91.15% over the past year, overperforming other coking coal stocks by 22 percentage points.

Ramaco Resources has an average 1 year price target of $19.50, an upside of 15.8% from Ramaco Resources's current stock price of $16.84.

Ramaco Resources stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Ramaco Resources, 60% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Arch Resources (NYSE:ARCH)


Arch Resources (NYSE:ARCH) is the second best coking coal stock with a Zen Score of 47, which is 7 points higher than the coking coal industry average of 40. It passed 16 out of 38 due diligence checks and has strong fundamentals. Arch Resources has seen its stock return 20.31% over the past year, underperforming other coking coal stocks by -49 percentage points.

Arch Resources has an average 1 year price target of $186.00, an upside of 15.68% from Arch Resources's current stock price of $160.79.

Arch Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Arch Resources, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Warrior Met Coal (NYSE:HCC)


Warrior Met Coal (NYSE:HCC) is the third best coking coal stock with a Zen Score of 44, which is 4 points higher than the coking coal industry average of 40. It passed 15 out of 38 due diligence checks and has strong fundamentals. Warrior Met Coal has seen its stock return 67.91% over the past year, underperforming other coking coal stocks by -1 percentage points.

Warrior Met Coal has an average 1 year price target of $66.25, an upside of 9.14% from Warrior Met Coal's current stock price of $60.70.

Warrior Met Coal stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Warrior Met Coal, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the coking coal stocks with highest dividends?

Out of 5 coking coal stocks that have issued dividends in the past year, the 3 coking coal stocks with the highest dividend yields are:

1. Arch Resources (NYSE:ARCH)


Arch Resources (NYSE:ARCH) has an annual dividend yield of 5.02%, which is 3 percentage points higher than the coking coal industry average of 2.47%. Arch Resources's dividend payout is not stable, having dropped more than 10% five times in the last 10 years. Arch Resources's dividend has shown consistent growth over the last 10 years.

Arch Resources's dividend payout ratio of 37.4% indicates that its high dividend yield is sustainable for the long-term.

2. Suncoke Energy (NYSE:SXC)


Suncoke Energy (NYSE:SXC) has an annual dividend yield of 3.37%, which is 1 percentage points higher than the coking coal industry average of 2.47%. Suncoke Energy's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Suncoke Energy's dividend has shown consistent growth over the last 10 years.

Suncoke Energy's dividend payout ratio of 55.9% indicates that its dividend yield is sustainable for the long-term.

3. Ramaco Resources (NASDAQ:METC)


Ramaco Resources (NASDAQ:METC) has an annual dividend yield of 2.23%, which is the same as the coking coal industry average of 2.47%.

Ramaco Resources's dividend payout ratio of 21.2% indicates that its dividend yield is sustainable for the long-term.

Why are coking coal stocks up?

Coking coal stocks were up 0.95% in the last day, and up 0.78% over the last week.

We couldn't find a catalyst for why coking coal stocks are up.

What are the most undervalued coking coal stocks?

Based on WallStreetZen's Valuation Score, the 2 most undervalued coking coal stocks right now are:

1. Ramaco Resources (NASDAQ:METC)


Ramaco Resources (NASDAQ:METC) is the most undervalued coking coal stock based on WallStreetZen's Valuation Score. Ramaco Resources has a valuation score of 71, which is 28 points higher than the coking coal industry average of 43. It passed 5 out of 7 valuation due diligence checks.

Ramaco Resources's stock has gained 91.15% in the past year. It has overperformed other stocks in the coking coal industry by 22 percentage points.

2. Alpha Metallurgical Resources (NYSE:AMR)


Alpha Metallurgical Resources (NYSE:AMR) is the second most undervalued coking coal stock based on WallStreetZen's Valuation Score. Alpha Metallurgical Resources has a valuation score of 57, which is 14 points higher than the coking coal industry average of 43. It passed 4 out of 7 valuation due diligence checks.

Alpha Metallurgical Resources's stock has gained 113.16% in the past year. It has overperformed other stocks in the coking coal industry by 44 percentage points.

Are coking coal stocks a good buy now?

60% of coking coal stocks rated by analysts are a buy right now. On average, analysts expect coking coal stocks to rise by 14.9% over the next year.

What is the average p/e ratio of the coking coal industry?

The average P/E ratio of the coking coal industry is 7.49x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.