Ramaco Resources, Inc. (METC)
NASDAQ: METC · Real-Time Price · USD
10.25
-0.18 (-1.73%)
At close: Dec 20, 2024, 4:00 PM
10.38
+0.13 (1.27%)
After-hours: Dec 20, 2024, 4:27 PM EST
Ramaco Resources Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ramaco Resources stock have an average target of 19.67, with a low estimate of 18 and a high estimate of 21. The average target predicts an increase of 91.90% from the current stock price of 10.25.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 17, 2024.
Analyst Ratings
The average analyst rating for METC stock from 3 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $19 → $18 | Strong Buy | Maintains | $19 → $18 | +75.61% | Sep 17, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $21 → $19 | Strong Buy | Maintains | $21 → $19 | +85.37% | Sep 6, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +95.12% | Aug 29, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +95.12% | Aug 9, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $24 → $20 | Strong Buy | Maintains | $24 → $20 | +95.12% | May 10, 2024 |
Financial Forecast
Revenue This Year
684.87M
from 693.52M
Decreased by -1.25%
Revenue Next Year
824.88M
from 684.87M
Increased by 20.44%
EPS This Year
0.48
from 1.64
Decreased by -70.87%
EPS Next Year
2.33
from 0.48
Increased by 387.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 708.5M | 864.5M | 952.6M |
| Avg | 684.9M | 824.9M | 842.7M |
| Low | 654.7M | 778.2M | 730.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.2% | 26.2% | 15.5% |
| Avg | -1.2% | 20.4% | 2.2% |
| Low | -5.6% | 13.6% | -11.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.90 | 3.09 | 2.87 |
| Avg | 0.48 | 2.33 | 2.62 |
| Low | 0.08 | 1.59 | 2.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -45.1% | 546.9% | 23.2% |
| Avg | -70.9% | 387.3% | 12.7% |
| Low | -95.2% | 232.6% | 1.5% |
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.