Alliance Resource Partners, L.P. (ARLP): What’s Inside the Story?

On Monday, shares of Alliance Resource Partners, L.P. (NASDAQ:ARLP) marked $3.36 per share versus a previous $3.12 closing price. With having a 7.69% gain, an insight into the fundamental values of Alliance Resource Partners, L.P., investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. ARLP showed a fall of -68.95% within its YTD performance, with highs and lows between $2.63 – $14.18 during the period of 52 weeks, compared to the simple moving average of -23.35% in the period of the last 200 days.

The Benchmark Company equity researchers changed the status of Alliance Resource Partners, L.P. (NASDAQ: ARLP) shares to a “Buy” rating in the report published on February 4th, 2020. Other analysts, including JP Morgan, also published their reports on ARLP shares. JP Morgan repeated the rating from the previous report, marking ARLP under “Neutral” rating, in the report published on August 19th, 2019. Additionally, ARLP shares got another “Neutral” rating from Seaport Global Securities. On July 17th, 2019, B. Riley FBR Downgrade an Neutral rating and increased its price target from $22 to $20. On the other hand, MKM Partners Upgrade the “Buy” rating for ARLP shares, as published in the report on May 23rd, 2018. FBR & Co. seems to be going bullish on the price of ARLP shares, based on the price prediction for ARLP, indicating that the shares will jump from $27 to $29, giving the shares “Outperform” rating based on their report from May 2nd, 2017. Another “Neutral” rating came from MKM Partners, providing a prediction for $29 price target according to the report published in December 20th, 2016.

Alliance Resource Partners, L.P. (ARLP) Analysis

The present dividend yield for ARLP owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period. In addition, the growth of sales from quarter to quarter is recording -50.60%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Alliance Resource Partners, L.P. (ARLP) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of -10.90% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 0.70 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while ARLP is currently recording an average of 497.05K in volumes. The volatility of the stock on monthly basis is set at 5.78%, while the weekly volatility levels are marked at 7.97%with 27.76% of gain in the last seven days.

What to Look for When Analyzing Alliance Resource Partners, L.P. Shares?

Alliance Resource Partners, L.P. (ARLP) is based in the USA and it represents one of the well-known company operating with Energy sector. If you wish to compare ARLP shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of for Alliance Resource Partners, L.P., while the value can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value -1.00 is supported by the yearly EPS growth of 11.70%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 33.10%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 11.70% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in ARLP Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in ARLP in the recent period. That is how Jackson Hole Capital Partners LLC now has an increase position in ARLP by 0.00% in the first quarter, owning 1.54 million shares of ARLP stocks, with the value of $4.27 million after the purchase of an additional 0 shares during the last quarter. In the meanwhile, Mountain Lake Investment Manageme also increased their stake in ARLP shares changed 23.02% in the first quarter, which means that the company now owns 855000 shares of company, all valued at $2.37 million after the acquisition of additional 160,000 shares during the last quarter.

Invesco Advisers, Inc. acquired a new position in Alliance Resource Partners, L.P. during the first quarter, with the value of $1.12 million, and United Income, Inc. increased their stake in the company’s shares by 0.00% in the first quarter, now owning 0 shares valued at $1.11 million after the acquisition of the additional 399107 shares during the last quarter. In the end, Goldman Sachs & Co. LLC increased their position by 99.15% during the first quarter, now owning 344768 ARLP shares, now holding the value of $955007 in ARLP with the purchase of the additional 181,422 shares during the period of the last quarter. At the present, 11.70% of ARLP shares are in the ownership of institutional investors.