Mach Natural Resources LP (MNR)
NYSE: MNR · Real-Time Price · USD
16.54
+0.09 (0.55%)
Nov 21, 2024, 11:21 AM EST - Market open
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 25.5, with a low estimate of 22 and a high estimate of 29. The average target predicts an increase of 54.17% from the current stock price of 16.54.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 10, 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '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 |
|---|---|---|---|---|---|---|---|
| Raymond James | Raymond James | Strong Buy Maintains $27 → $22 | Strong Buy | Maintains | $27 → $22 | +33.01% | Sep 10, 2024 |
| Stifel | Stifel | Strong Buy Maintains $30 → $29 | Strong Buy | Maintains | $30 → $29 | +75.33% | Jan 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $31 → $30 | Strong Buy | Maintains | $31 → $30 | +81.38% | Dec 22, 2023 |
| Raymond James | Raymond James | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +39.06% | Nov 20, 2023 |
| Stifel | Stifel | Strong Buy Initiates $31 | Strong Buy | Initiates | $31 | +87.42% | Nov 20, 2023 |
Financial Forecast
Revenue This Year
1.03B
from 673.16M
Increased by 52.27%
Revenue Next Year
1.06B
from 1.03B
Increased by 3.80%
EPS This Year
2.17
from 0.72
Increased by 200.85%
EPS Next Year
2.88
from 2.17
Increased by 33.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.2B | 1.1B |
| Avg | 1.0B | 1.1B | 1.1B |
| Low | 961.8M | 979.5M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 65.3% | 12.6% | 5.9% |
| Avg | 52.3% | 3.8% | 1.9% |
| Low | 42.9% | -4.4% | -1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.33 | 3.14 | 3.34 |
| Avg | 2.17 | 2.88 | 3.14 |
| Low | 2.01 | 2.59 | 2.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 223.8% | 44.8% | 15.6% |
| Avg | 200.8% | 33.2% | 9.0% |
| Low | 179.6% | 19.4% | 3.6% |
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.