Mach Natural Resources LP (MNR)
NYSE: MNR · IEX Real-Time Price · USD
18.81
+0.17 (0.91%)
Jun 17, 2024, 4:00 PM EDT - Market closed
Mach Natural Resources LP Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MNR stock have an average target of 26, with a low estimate of 23 and a high estimate of 29. The average target predicts an increase of 38.22% from the current stock price of 18.81.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 23, 2024.
Analyst Ratings
The average analyst rating for MNR stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $30 → $29 | Strong Buy | Maintains | $30 → $29 | +54.17% | Jan 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $31 → $30 | Strong Buy | Maintains | $31 → $30 | +59.49% | Dec 22, 2023 |
| Raymond James | Raymond James | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +22.28% | Nov 20, 2023 |
| Stifel | Stifel | Strong Buy Initiates $31 | Strong Buy | Initiates | $31 | +64.81% | Nov 20, 2023 |
| RBC Capital | RBC Capital | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Sep 1, 2021 |
Financial Forecast
Revenue This Year
1.07B
from 762.31M
Increased by 40.36%
Revenue Next Year
1.07B
from 1.07B
Decreased by -0.19%
EPS This Year
3.67
from 0.72
Increased by 409.21%
EPS Next Year
2.81
from 3.67
Decreased by -23.33%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.1B | 1.0B |
| Avg | 1.1B | 1.0B | 983.7M |
| Low | 1.0B | 999.6M | 954.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 45.6% | 0.3% | -0.7% |
| Avg | 40.1% | -3.6% | -4.5% |
| Low | 35.9% | -6.4% | -7.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.93 | 3.71 | 3.57 |
| Avg | 2.81 | 3.45 | 3.43 |
| Low | 2.72 | 3.22 | 3.33 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 306.9% | 31.9% | 3.6% |
| Avg | 290.4% | 22.6% | -0.3% |
| Low | 277.8% | 14.7% | -3.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.