Sectors & IndustriesBasic MaterialsCoking Coal

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.

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

Arch Resources (NYSE:ARCH) is the top coking coal stock with a Zen Score of 50, which is 12 points higher than the coking coal industry average of 38. It passed 17 out of 38 due diligence checks and has strong fundamentals. Arch Resources has seen its stock return 34.58% over the past year, underperforming other coking coal stocks by -33 percentage points.

Arch Resources has an average 1 year price target of $177.00, an upside of 9.75% from Arch Resources's current stock price of $161.28.

Arch Resources stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Arch Resources, 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.

Ramaco Resources (NASDAQ:METC) is the second best coking coal stock with a Zen Score of 47, which is 9 points higher than the coking coal industry average of 38. It passed 19 out of 38 due diligence checks and has strong fundamentals. Ramaco Resources has seen its stock return 46.96% over the past year, underperforming other coking coal stocks by -21 percentage points.

Ramaco Resources has an average 1 year price target of $21.00, an upside of 57.89% from Ramaco Resources's current stock price of $13.30.

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

Warrior Met Coal (NYSE:HCC) is the third best coking coal stock with a Zen Score of 46, which is 8 points higher than the coking coal industry average of 38. It passed 16 out of 38 due diligence checks and has strong fundamentals. Warrior Met Coal has seen its stock return 79.64% over the past year, overperforming other coking coal stocks by 12 percentage points.

Warrior Met Coal has an average 1 year price target of $76.00, an upside of 17.52% from Warrior Met Coal's current stock price of $64.67.

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.

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

Arch Resources (NYSE:ARCH) has an annual dividend yield of 5%, which is 2 percentage points higher than the coking coal industry average of 2.68%. 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 46% indicates that its high dividend yield is sustainable for the long-term.

Suncoke Energy (NYSE:SXC) has an annual dividend yield of 3.8%, which is 1 percentage points higher than the coking coal industry average of 2.68%. 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 52.8% indicates that its dividend yield is sustainable for the long-term.

Warrior Met Coal (NYSE:HCC) has an annual dividend yield of 1.24%, which is -1 percentage points lower than the coking coal industry average of 2.68%. Warrior Met Coal's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. Warrior Met Coal's dividend has shown consistent growth over the last 10 years.

Warrior Met Coal's dividend payout ratio of 9.5% indicates that its dividend yield is sustainable for the long-term.

Coking coal stocks were up 0.04% in the last day, and up 0.23% over the last week.

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

Based on WallStreetZen's Valuation Score, the 3 most undervalued coking coal stocks right now are:

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 30 points higher than the coking coal industry average of 41. It passed 5 out of 7 valuation due diligence checks.

Ramaco Resources's stock has gained 46.96% in the past year. It has underperformed other stocks in the coking coal industry by -21 percentage points.

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 16 points higher than the coking coal industry average of 41. It passed 4 out of 7 valuation due diligence checks.

Alpha Metallurgical Resources's stock has gained 95.08% in the past year. It has overperformed other stocks in the coking coal industry by 27 percentage points.

Warrior Met Coal (NYSE:HCC) is the third most undervalued coking coal stock based on WallStreetZen's Valuation Score. Warrior Met Coal has a valuation score of 43, which is 2 points higher than the coking coal industry average of 41. It passed 3 out of 7 valuation due diligence checks.

Warrior Met Coal's stock has gained 79.64% in the past year. It has overperformed other stocks in the coking coal industry by 12 percentage points.