Ranger Energy Services, Inc. (RNGR)

Ranger Energy Services Stock Forecast

Stock Price Forecast

The 2 analysts that cover Ranger Energy Services stock have a consensus rating of "Hold" and an average price target of $12.5, which forecasts a 2.29% increase in the stock price over the next year. The lowest target is $12 and the highest is $13.

Price Target: $12.5 (+2.29%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$12	$12.5	$13	$13
Change	-1.80%	+2.29%	+6.38%	+6.38%

* Price targets were last updated on Aug 16, 2024.

Analyst Ratings

The average analyst rating for Ranger Energy Services stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Mar '24	Apr '24	May '24	Jun '24	Jul '24	Aug '24
Strong Buy	0	0	0	0	0	0
Buy	1	1	1	1	0	0
Hold	3	3	3	3	1	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	1	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Derek Podhaizer Barclays	Barclays	Hold Maintains $12 → $13	Hold	Maintains	$12 → $13	+6.38%	Aug 16, 2024
Luke Lemoine Piper Sandler	Piper Sandler	Hold Maintains $13 → $12	Hold	Maintains	$13 → $12	-1.80%	Jul 15, 2024
Derek Podhaizer Barclays	Barclays	Buy → Hold Downgrades $14	Buy → Hold	Downgrades	$14	+14.57%	Jan 10, 2023
Luke Lemoine Piper Sandler	Piper Sandler	Hold Maintains $13 → $15	Hold	Maintains	$13 → $15	+22.75%	Nov 18, 2022
Ian Macpherson Piper Sandler	Piper Sandler	Hold Maintains $11 → $12	Hold	Maintains	$11 → $12	-1.80%	May 19, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

637.91M

Increased by 11.70%

from 571.10M

Revenue Next Year

n/a

from 637.91M

EPS This Year

0.80

Decreased by -1.27%

from 0.81

EPS Next Year

1.11

Increased by 38.90%

from 0.80

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	187.80M	293.10M	608.50M	636.60M	571.10M	637.91M	-
Revenue Growth	-44.26%	56.07%	107.61%	4.62%	-10.29%	11.70%	-
EPS	-1.21	0.63	0.65	0.95	0.81	0.80	1.11
EPS Growth	-	-	3.18%	46.15%	-14.74%	-1.27%	38.90%
Forward PE	-	-	-	-	-	15.28	11.00
No. Analysts	-	-	-	-	-	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025
High	656.7M
Avg	637.9M
Low	612.9M

Revenue Growth

Revenue Growth	2025
High	15.0%
Avg	11.7%
Low	7.3%

EPS Forecast

EPS	2025	2026
High	0.92	1.20
Avg	0.80	1.11
Low	0.67	1.02

EPS Growth

EPS Growth	2025	2026
High	14.1%	49.7%
Avg	-1.3%	38.9%
Low	-16.8%	27.2%

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.