Mach Natural Resources LP (MNR)
NYSE: MNR · IEX Real-Time Price · USD
20.70
+0.48 (2.37%)
Apr 26, 2024, 4:00 PM EDT - Market closed
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 26, with a low estimate of 23 and a high estimate of 29. The average target predicts an increase of 25.60% from the current stock price of 20.70.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jan 23, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $30 → $29 | Strong Buy | Maintains | $30 → $29 | +40.10% | Jan 23, 2024 |
| Stifel | Stifel | Strong Buy Maintains $31 → $30 | Strong Buy | Maintains | $31 → $30 | +44.93% | Dec 22, 2023 |
| Raymond James | Raymond James | Strong Buy Initiates $23 | Strong Buy | Initiates | $23 | +11.11% | Nov 20, 2023 |
| Stifel | Stifel | Strong Buy Initiates $31 | Strong Buy | Initiates | $31 | +49.76% | Nov 20, 2023 |
| RBC Capital | RBC Capital | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Sep 1, 2021 |
Financial Forecast
Revenue This Year
1.04B
from 762.31M
Increased by 36.30%
Revenue Next Year
1.05B
from 1.04B
Increased by 0.67%
EPS This Year
3.28
from 0.72
Increased by 356.08%
EPS Next Year
3.57
from 3.28
Increased by 8.65%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.1B | 1.2B |
| Avg | 1.0B | 1.0B |
| Low | 957.5M | 948.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 49.9% | 11.5% |
| Avg | 36.3% | 0.7% |
| Low | 25.6% | -8.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.16 | 4.56 |
| Avg | 3.28 | 3.57 |
| Low | 2.49 | 3.08 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 477.5% | 38.8% |
| Avg | 356.1% | 8.7% |
| Low | 245.7% | -6.3% |
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.