Ramaco Resources, Inc. (METC)
NASDAQ: METC · Real-Time Price · USD
13.34
+0.91 (7.30%)
Nov 21, 2024, 12:42 PM EST - Market open

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 47.48% from the current stock price of 13.34.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $18 $19.67 $20 $21
Change +34.96% +47.48% +49.96% +57.45%
* 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 333332
Buy 000000
Hold 222221
Sell 000000
Strong Sell 000000
Total 555553

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 +34.96% Sep 17, 2024
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$21$19
Strong Buy Maintains $21$19 +42.46% Sep 6, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$20
Strong Buy Reiterates $20 +49.96% Aug 29, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$20
Strong Buy Reiterates $20 +49.96% Aug 9, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$24$20
Strong Buy Maintains $24$20 +49.96% May 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
684.87M
from 693.52M
Decreased by -1.25%
Revenue Next Year
859.84M
from 684.87M
Increased by 25.55%
EPS This Year
0.58
from 1.64
Decreased by -64.60%
EPS Next Year
2.08
from 0.58
Increased by 259.38%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
230.21M168.92M283.39M565.69M693.52M684.87M859.84M834.89M
Revenue Growth
1.16%-26.63%67.77%99.61%22.60%-1.25%25.55%-2.90%
EPS
0.61-0.120.902.601.640.582.081.64
EPS Growth
-1.61%--188.89%-36.98%-64.60%259.38%-21.22%
Forward PE
-----22.996.408.12
No. Analysts -----555
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 708.5M 905.8M 936.5M
Avg 684.9M 859.8M 834.9M
Low 654.7M 806.8M 730.2M

Revenue Growth

Revenue Growth 202420252026
High
2.2%
32.3%
8.9%
Avg
-1.2%
25.5%
-2.9%
Low
-5.6%
17.8%
-15.1%

EPS Forecast

EPS 202420252026
High 0.90 3.09 2.87
Avg 0.58 2.08 1.64
Low 0.08 1.15 0.67

EPS Growth

EPS Growth 202420252026
High
-45.1%
432.4%
37.5%
Avg
-64.6%
259.4%
-21.2%
Low
-95.2%
97.7%
-68.0%
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.