Ramaco Resources, Inc. (METC)
NASDAQ: METC · IEX Real-Time Price · USD
15.81
+0.17 (1.09%)
May 2, 2024, 2:48 PM EDT - Market open
Ramaco Resources Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Ramaco Resources stock have an average target of 17.92, with a low estimate of 11 and a high estimate of 27. The average target predicts an increase of 13.35% from the current stock price of 15.81.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for METC stock from 6 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $25 → $24 | Strong Buy | Maintains | $25 → $24 | +51.80% | Apr 15, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $32 → $25 | Strong Buy | Maintains | $32 → $25 | +58.13% | Mar 12, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $20 → $27 | Strong Buy | Maintains | $20 → $27 | +70.78% | Mar 11, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $32 | Strong Buy | Maintains | $32 | +102.40% | Feb 13, 2024 |
| UBS | UBS | Hold Initiates $21 | Hold | Initiates | $21 | +32.83% | Jan 16, 2024 |
Financial Forecast
Revenue This Year
800.24M
from 693.52M
Increased by 15.39%
Revenue Next Year
920.26M
from 800.24M
Increased by 15.00%
EPS This Year
2.43
from 0.70
Increased by 247.77%
EPS Next Year
2.37
from 2.43
Decreased by -2.67%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 858.2M | 1.1B | 965.0M |
| Avg | 800.2M | 920.3M | 843.3M |
| Low | 738.9M | 807.2M | 733.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 23.7% | 34.0% | 4.9% |
| Avg | 15.4% | 15.0% | -8.4% |
| Low | 6.5% | 0.9% | -20.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.67 | 2.74 | 2.63 |
| Avg | 2.43 | 2.37 | 1.62 |
| Low | 2.16 | 2.00 | 0.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 281.0% | 12.5% | 10.8% |
| Avg | 247.8% | -2.7% | -31.4% |
| Low | 208.0% | -17.9% | -63.2% |
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.