Mach Natural Resources LP (MNR)
NYSE: MNR · Real-Time Price · USD
15.67
+0.16 (1.03%)
Dec 20, 2024, 4:00 PM EST - Market closed
Mach Natural Resources LP Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for MNR stock have an average target of 24.67, with a low estimate of 22 and a high estimate of 29. The average target predicts an increase of 57.43% from the current stock price of 15.67.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MNR 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 | 2 | 2 | 2 | 2 | 2 | 3 |
| 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 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +46.78% | Dec 6, 2024 |
| Raymond James | Raymond James | Strong Buy Maintains $27 → $22 | Strong Buy | Maintains | $27 → $22 | +40.40% | Sep 10, 2024 |
| Stifel | Stifel | Strong Buy Maintains $30 → $29 | Strong Buy | Maintains | $30 → $29 | +85.07% | Jan 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $31 → $30 | Strong Buy | Maintains | $31 → $30 | +91.45% | Dec 22, 2023 |
| Raymond James | Raymond James | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +46.78% | Nov 20, 2023 |
Financial Forecast
Revenue This Year
1.02B
from 673.16M
Increased by 50.93%
Revenue Next Year
1.02B
from 1.02B
Increased by 0.30%
EPS This Year
2.12
from 0.72
Increased by 195.07%
EPS Next Year
2.43
from 2.12
Increased by 14.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.2B | 1.1B |
| Avg | 1.0B | 1.0B | 1.0B |
| Low | 962.4M | 945.9M | 957.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 65.3% | 13.6% | 6.2% |
| Avg | 50.9% | 0.3% | -1.4% |
| Low | 43.0% | -6.9% | -6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.31 | 2.80 | 2.78 |
| Avg | 2.12 | 2.43 | 2.62 |
| Low | 1.97 | 2.12 | 2.48 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 220.8% | 31.6% | 14.3% |
| Avg | 195.1% | 14.6% | 7.8% |
| Low | 173.6% | -0.4% | 1.8% |
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.