Hallador Energy Company is a Coal company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on HNRG’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Hallador Energy could be a solid choice for investors.

Current Quarter Estimates for HNRG

In the past 30 days, 1 estimate have gone higher for Hallador Energy while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 4 cents a share 30 days ago, to 10 cents today, a significant move.

Current Year Estimates for HNRG

Meanwhile Hallador Energy’s current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 22 cents per share 30 days ago to 59 cents per share today, a significant increase.

HALLADOR ENERGY Price and Consensus

HALLADOR ENERGY Price and Consensus | HALLADOR ENERGY Quote

Bottom Line

The stock has also started to move higher lately, adding 27.7% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future.

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