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 16 points higher than the coking coal industry average of 41. It passed 22 out of 38 due diligence checks and has strong fundamentals. Ramaco Resources has seen its stock return 55.6% over the past year, overperforming other coking coal stocks by 6 percentage points.
Ramaco Resources has an average 1 year
price target of $14.10, a downside of -17.54% from Ramaco Resources's current stock price of $17.10.
Ramaco Resources stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Ramaco Resources, 80% have issued a Strong Buy rating, 0% have issued a Buy, 20% 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 49, which is 8 points higher than the coking coal industry average of 41. It passed 17 out of 38 due diligence checks and has strong fundamentals. Arch Resources has seen its stock return 12.18% over the past year, underperforming other coking coal stocks by -38 percentage points.
Arch Resources has an average 1 year
price target of $181.00, an upside of 8.47% from Arch Resources's current stock price of $166.86.
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 41, which is equal to the coking coal industry average of 41. It passed 14 out of 38 due diligence checks and has strong fundamentals. Warrior Met Coal has seen its stock return 57.04% over the past year, overperforming other coking coal stocks by 7 percentage points.
Warrior Met Coal has an average 1 year
price target of $51.75, a downside of -11.42% from Warrior Met Coal's current stock price of $58.42.
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.