Ramaco Resources, Inc. (METC)
NASDAQ: METC · Real-Time Price · USD
10.16
+0.06 (0.59%)
Nov 4, 2024, 4:00 PM EST - Market closed
Ramaco Resources Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Ramaco Resources stock have an average target of 17.75, with a low estimate of 12 and a high estimate of 21. The average target predicts an increase of 74.70% from the current stock price of 10.16.
Analyst Consensus: Buy
* Price targets were last updated on Sep 17, 2024.
Analyst Ratings
The average analyst rating for METC stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 4 |
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 | +77.17% | Sep 17, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $21 → $19 | Strong Buy | Maintains | $21 → $19 | +87.01% | Sep 6, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +96.85% | Aug 29, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +96.85% | Aug 9, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $24 → $20 | Strong Buy | Maintains | $24 → $20 | +96.85% | May 10, 2024 |
Financial Forecast
Revenue This Year
702.36M
from 693.52M
Increased by 1.27%
Revenue Next Year
854.70M
from 702.36M
Increased by 21.69%
EPS This Year
0.55
from 1.64
Decreased by -66.24%
EPS Next Year
2.11
from 0.55
Increased by 282.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 748.7M | 899.0M | 923.9M |
| Avg | 702.4M | 854.7M | 828.8M |
| Low | 650.9M | 803.3M | 730.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.9% | 28.0% | 8.1% |
| Avg | 1.3% | 21.7% | -3.0% |
| Low | -6.1% | 14.4% | -14.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.92 | 2.97 | 2.81 |
| Avg | 0.55 | 2.11 | 1.66 |
| Low | -0.02 | 1.34 | 0.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -43.8% | 437.0% | 33.1% |
| Avg | -66.2% | 282.2% | -21.4% |
| Low | - | 142.7% | -68.5% |
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.