Alliance Holdings GP (AHGP) Receiving Somewhat Positive Media Coverage, Accern Reports

Media coverage about Alliance Holdings GP (NASDAQ:AHGP) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Alliance Holdings GP earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news stories about the energy company an impact score of 46.7653698942919 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

AHGP has been the topic of a number of research analyst reports. BidaskClub raised shares of Alliance Holdings GP from a “sell” rating to a “hold” rating in a report on Thursday, January 25th. ValuEngine cut shares of Alliance Holdings GP from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. TheStreet cut shares of Alliance Holdings GP from a “b-” rating to a “c+” rating in a report on Wednesday, February 28th. Finally, Zacks Investment Research cut shares of Alliance Holdings GP from a “buy” rating to a “hold” rating in a report on Tuesday, March 20th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The company currently has an average rating of “Hold” and an average price target of $31.33.

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Shares of AHGP stock opened at $27.25 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.82 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $1.59 billion, a PE ratio of 8.52 and a beta of 0.58. Alliance Holdings GP has a 52-week low of $22.56 and a 52-week high of $31.79.

Alliance Holdings GP (NASDAQ:AHGP) last announced its quarterly earnings results on Monday, April 30th. The energy company reported $1.73 EPS for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.77. Alliance Holdings GP had a net margin of 13.10% and a return on equity of 20.35%. The business had revenue of $457.04 million for the quarter.

The business also recently declared a quarterly dividend, which was paid on Friday, May 18th. Investors of record on Friday, May 11th were paid a $0.748 dividend. The ex-dividend date was Thursday, May 10th. This represents a $2.99 dividend on an annualized basis and a yield of 10.98%. This is a positive change from Alliance Holdings GP’s previous quarterly dividend of $0.74. Alliance Holdings GP’s dividend payout ratio is 93.44%.

About Alliance Holdings GP

Alliance Holdings GP, L.P., together with its subsidiaries, produces and markets coal primarily to utilities and industrial users in the United States. It operates through Illinois Basin and Appalachia segments. The company operates eight underground mining complexes in Illinois, Indiana, Kentucky, Maryland, and West Virginia.