Ranger Energy Services, Inc. (RNGR)
NYSE: RNGR · Real-Time Price · USD
16.57
+0.76 (4.81%)
At close: Nov 20, 2024, 4:00 PM
16.74
+0.17 (1.03%)
After-hours: Nov 20, 2024, 7:10 PM EST
Ranger Energy Services Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for RNGR stock have an average target of 12.5, with a low estimate of 12 and a high estimate of 13. The average target predicts a decrease of -24.56% from the current stock price of 16.57.
Analyst Consensus: Hold
* Price targets were last updated on Aug 16, 2024.
Analyst Ratings
The average analyst rating for RNGR stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 1 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 1 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $12 → $13 | Hold | Maintains | $12 → $13 | -21.54% | Aug 16, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $13 → $12 | Hold | Maintains | $13 → $12 | -27.58% | Jul 15, 2024 |
| Barclays | Barclays | Buy → Hold Downgrades $14 | Buy → Hold | Downgrades | $14 | -15.51% | Jan 10, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $13 → $15 | Hold | Maintains | $13 → $15 | -9.47% | Nov 18, 2022 |
| Piper Sandler | Piper Sandler | Hold Maintains $11 → $12 | Hold | Maintains | $11 → $12 | -27.58% | May 19, 2022 |
Financial Forecast
Revenue This Year
569.57M
from 636.60M
Decreased by -10.53%
Revenue Next Year
637.91M
from 569.57M
Increased by 12.00%
EPS This Year
0.67
from 0.95
Decreased by -29.94%
EPS Next Year
1.19
from 0.67
Increased by 79.16%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 586.3M | 656.7M |
| Avg | 569.6M | 637.9M |
| Low | 547.2M | 612.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -7.9% | 15.3% |
| Avg | -10.5% | 12.0% |
| Low | -14.0% | 7.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.76 | 1.79 |
| Avg | 0.67 | 1.19 |
| Low | 0.57 | 0.62 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -19.9% | 169.5% |
| Avg | -29.9% | 79.2% |
| Low | -40.2% | -7.2% |
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.