Warrior Met Coal Llc (HCC) “Buy” Rating Reconfirmed by RBC Capital; The Target Price Given is $27.0; Lumentum Holdings (LITE) Sellers Increased By 5.76% Their Shorts

November 15, 2017 - By Adrian Mccoy

Among 9 analysts covering HCC Insurance Holdings (NYSE:HCC), 2 have Buy rating, 2 Sell and 5 Hold. Therefore 22% are positive. HCC Insurance Holdings has $28 highest and $18 lowest target. $24.63’s average target is -10.73% below currents $27.59 stock price. HCC Insurance Holdings had 23 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, June 28. The stock has “Neutral” rating by Citigroup on Tuesday, September 26. As per Monday, September 25, the company rating was maintained by FBR Capital. The stock of Warrior Met Coal LLC (NYSE:HCC) earned “Buy” rating by RBC Capital Markets on Monday, June 12. The stock has “Overweight” rating by Morgan Stanley on Monday, May 8. Morgan Stanley downgraded the shares of HCC in report on Tuesday, June 27 to “Equal-Weight” rating. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, September 6. RBC Capital Markets maintained Warrior Met Coal LLC (NYSE:HCC) rating on Friday, August 4. RBC Capital Markets has “Outperform” rating and $27 target. The stock of Warrior Met Coal LLC (NYSE:HCC) earned “Buy” rating by RBC Capital Markets on Tuesday, October 10. The stock of Warrior Met Coal LLC (NYSE:HCC) earned “Buy” rating by Seaport Global on Wednesday, May 10.

Lumentum Holdings Incorporated (NASDAQ:LITE) had an increase of 5.76% in short interest. LITE’s SI was 11.66M shares in November as released by FINRA. Its up 5.76% from 11.03 million shares previously. With 1.93 million avg volume, 6 days are for Lumentum Holdings Incorporated (NASDAQ:LITE)’s short sellers to cover LITE’s short positions. The SI to Lumentum Holdings Incorporated’s float is 19.93%. The stock decreased 3.21% or $1.85 during the last trading session, reaching $55.8. About 125 shares traded. Lumentum Holdings Inc (NASDAQ:LITE) has risen 145.74% since November 15, 2016 and is uptrending. It has outperformed by 129.04% the S&P500.

Lumentum Holdings Inc. is a provider of optical and photonic products for a range of end market applications, including data communications and telecommunications (Telecom) networking and commercial lasers (commercial lasers) for manufacturing, inspection and life-science applications. The company has market cap of $3.46 billion. The Firm operates in two divisions: Optical Communications (OpComms) and Commercial Lasers (Lasers). It currently has negative earnings. The Company’s OpComms products include a range of components, modules and subsystems to support and maintain clients in its two primary markets: Telecom and Datacom.

Among 14 analysts covering Lumentum (NASDAQ:LITE), 6 have Buy rating, 3 Sell and 5 Hold. Therefore 43% are positive. Lumentum had 33 analyst reports since August 4, 2015 according to SRatingsIntel. On Wednesday, August 5 the stock rating was initiated by Barclays Capital with “Equal Weight”. The rating was initiated by Needham on Tuesday, August 4 with “Buy”. Barclays Capital downgraded Lumentum Holdings Inc (NASDAQ:LITE) on Friday, January 8 to “Underweight” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, August 13. The firm has “Market Perform” rating given on Tuesday, May 31 by Raymond James. Morgan Stanley downgraded it to “Underweight” rating and $27 target in Thursday, August 11 report. The firm has “Buy” rating given on Friday, October 28 by Stifel Nicolaus. The firm has “Buy” rating given on Wednesday, August 12 by Stifel Nicolaus. The stock has “Sell” rating by Goldman Sachs on Tuesday, October 11. The stock has “Strong Buy” rating by Needham on Monday, September 19.

The stock decreased 1.00% or $0.28 during the last trading session, reaching $27.59. About shares traded. Warrior Met Coal LLC (NYSE:HCC) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Warrior Met Coal, Inc., formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. The company has market cap of $1.47 billion. These underground coalmines are 1,400 to 2,100 feet underground. It has a 6.07 P/E ratio. The Company’s activities serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.

Analysts await Warrior Met Coal LLC (NYSE:HCC) to report earnings on February, 8. HCC’s profit will be $58.61M for 6.27 P/E if the $1.10 EPS becomes a reality. After $2.27 actual EPS reported by Warrior Met Coal LLC for the previous quarter, Wall Street now forecasts -51.54% negative EPS growth.

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