Ramaco Resources, Inc. - 9.00% (METC) Stock Forecast, Price Target & Predictions


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METC Stock Forecast


Ramaco Resources, Inc. - 9.00% stock forecast is as follows: an average price target of $12.00 (represents a 17.88% upside from METC’s last price of $10.18) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.

METC Price Target


The average price target for Ramaco Resources, Inc. - 9.00% (METC) is $12.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $12.00 to $12.00. This represents a potential 17.88% upside from METC's last price of $10.18.

METC Analyst Ratings


Buy

According to 6 Wall Street analysts, Ramaco Resources, Inc. - 9.00%'s rating consensus is 'Buy'. The analyst rating breakdown for METC stock is 0 'Strong Buy' (0.00%), 5 'Buy' (83.33%), 1 'Hold' (16.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Ramaco Resources, Inc. - 9.00% Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 10, 2022BMO Capital$12.00$9.5325.92%17.88%
Aug 09, 2022BMO Capital$14.00$9.3549.73%37.52%

The latest Ramaco Resources, Inc. - 9.00% stock forecast, released on Aug 10, 2022 by BMO Capital company, set a price target of $12.00, which represents a 25.92% increase from the stock price at the time of the forecast ($9.53), and a 17.88% increase from METC last price ($10.18).

Ramaco Resources, Inc. - 9.00% Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$10.18$10.18$10.18
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Ramaco Resources, Inc. - 9.00% stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ramaco Resources, Inc. - 9.00%'s last price of $10.18. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Sep 06, 2024B. RileyBuyBuyHold
May 10, 2024B. Riley SecuritiesBuyBuyHold
May 10, 2024B. Riley FBRUnderperformUnderperformHold
May 10, 2024BenchmarkBuyBuyHold
Apr 15, 2024B. Riley FBRUnderperformUnderperformHold
Apr 15, 2024B. Riley SecuritiesBuyBuyHold
Mar 12, 2024B. RileyBuyBuyHold
Mar 12, 2024B. Riley SecuritiesBuyBuyHold
Mar 12, 2024B. Riley SecuritiesUnderperformUnderperformHold
Mar 12, 2024UBSBuyBuyHold
Mar 11, 2024BenchmarkBuyBuyHold
Jun 29, 2023RBC CapitalOutperformUpgrade
Dec 09, 2022BMO CapitalMarket PerformMarket PerformHold
Dec 09, 2022BenchmarkBuyBuyHold
Aug 09, 2022BMO CapitalMarket PerformMarket PerformHold

Ramaco Resources, Inc. - 9.00%'s last stock rating was published by B. Riley on Sep 06, 2024. The company gave METC a "Buy" rating, the same as its previous rate.

Ramaco Resources, Inc. - 9.00% Financial Forecast


Ramaco Resources, Inc. - 9.00% Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$202.73M$186.97M$137.47M$166.36M$135.23M$136.93M$138.66M$154.88M$87.50M$76.38M$76.06M$43.45M$51.15M$39.46M$36.37M$41.94M$45.61M$61.38M
Avg Forecast$361.75M$332.07M$304.82M$279.81M$256.86M$235.78M$216.43M$198.68M$176.04M$156.41M$150.23M$168.10M$180.68M$159.63M$145.02M$133.76M$140.73M$157.86M$178.59M$166.41M$88.48M$76.01M$54.71M$45.41M$46.61M$37.25M$30.54M$41.96M$48.70M$68.47M
High Forecast$368.66M$338.41M$310.64M$285.15M$261.76M$240.28M$220.56M$202.47M$179.40M$159.40M$150.23M$171.31M$184.13M$162.68M$147.78M$136.31M$143.42M$157.86M$178.59M$166.41M$88.48M$76.01M$54.71M$45.41M$46.61M$37.25M$30.54M$41.96M$48.70M$68.47M
Low Forecast$354.85M$325.73M$299.01M$274.47M$251.95M$231.28M$212.30M$194.89M$172.68M$153.43M$150.23M$164.90M$177.23M$156.59M$142.25M$131.21M$138.05M$157.86M$178.59M$166.41M$88.48M$76.01M$54.71M$45.41M$46.61M$37.25M$30.54M$41.96M$48.70M$68.47M
# Analysts111111111111211111111111999955
Surprise %------------1.12%1.17%0.95%1.24%0.96%0.87%0.78%0.93%0.99%1.00%1.39%0.96%1.10%1.06%1.19%1.00%0.94%0.90%

Ramaco Resources, Inc. - 9.00%'s average Quarter revenue forecast for Mar 24 based on 1 analysts is $168.10M, with a low forecast of $164.90M, and a high forecast of $171.31M. METC's average Quarter revenue forecast represents a -17.08% decrease compared to the company's last Quarter revenue of $202.73M (Dec 23).

Ramaco Resources, Inc. - 9.00% EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111211111111111999955
EBITDA------------$52.01M$36.96M$21.06M$44.97M$29.42M$47.19M$54.82M$61.94M$30.12M$16.31M$16.41M$9.93M$-2.57M$-581.00K$9.55M$7.35M$7.87M$12.38M
Avg Forecast$80.93M$74.29M$68.20M$62.60M$57.46M$52.75M$48.42M$44.45M$39.38M$34.99M$33.61M$69.79M$40.42M$35.71M$32.44M$74.64M$30.63M$35.01M$39.61M$79.83M$19.62M$16.86M$21.10M$10.07M$10.34M$8.26M$6.77M$5.51M$10.80M$15.19M
High Forecast$82.48M$75.71M$69.50M$63.80M$58.56M$53.76M$49.35M$45.30M$40.14M$35.66M$33.61M$83.75M$41.19M$36.39M$33.06M$89.57M$36.75M$35.01M$39.61M$95.79M$19.62M$16.86M$25.32M$10.07M$10.34M$8.26M$6.77M$6.62M$10.80M$15.19M
Low Forecast$79.39M$72.87M$66.90M$61.41M$56.37M$51.74M$47.50M$43.60M$38.63M$34.33M$33.61M$55.83M$39.65M$35.03M$31.82M$59.71M$24.50M$35.01M$39.61M$63.86M$19.62M$16.86M$16.88M$10.07M$10.34M$8.26M$6.77M$4.41M$10.80M$15.19M
Surprise %------------1.29%1.03%0.65%0.60%0.96%1.35%1.38%0.78%1.53%0.97%0.78%0.99%-0.25%-0.07%1.41%1.33%0.73%0.82%

1 analysts predict METC's average Quarter EBITDA for Mar 24 to be $69.79M, with a high of $83.75M and a low of $55.83M. This is 34.19% upper than Ramaco Resources, Inc. - 9.00%'s previous annual EBITDA (Dec 23) of $52.01M.

Ramaco Resources, Inc. - 9.00% Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111211111111111999955
Net Income------------$30.04M$19.46M$7.56M$25.26M$14.39M$26.91M$33.28M$41.47M$18.64M$7.04M$9.94M$4.14M$-4.75M$-4.78M$2.65M$1.96M$1.89M$5.55M
Avg Forecast$31.41M$31.41M$31.41M$31.41M$34.21M$31.43M$30.33M$23.41M$15.28M$-937.03K$-682.25K$46.73M$35.26M$22.98M$24.79M$49.98M$20.50M$49.50M$64.45M$53.45M$17.97M$14.26M$12.78M$-217.91K$-1.62M$-1.56M$-2.82M$1.47M$7.94M$12.99M
High Forecast$32.19M$32.19M$32.19M$32.19M$35.06M$32.21M$31.08M$23.99M$15.66M$-913.79K$-665.33K$56.07M$36.13M$23.01M$25.40M$59.97M$24.60M$49.50M$66.10M$64.14M$17.97M$14.26M$15.34M$-217.91K$-1.62M$-1.56M$-2.82M$1.77M$7.94M$12.99M
Low Forecast$30.63M$30.63M$30.63M$30.63M$33.37M$30.65M$29.58M$22.83M$14.90M$-960.27K$-699.17K$37.38M$34.38M$22.96M$24.17M$39.98M$16.40M$49.50M$62.80M$42.76M$17.97M$14.26M$10.23M$-217.91K$-1.62M$-1.56M$-2.82M$1.18M$7.94M$12.99M
Surprise %------------0.85%0.85%0.30%0.51%0.70%0.54%0.52%0.78%1.04%0.49%0.78%-19.01%2.92%3.06%-0.94%1.33%0.24%0.43%

Ramaco Resources, Inc. - 9.00%'s average Quarter net income forecast for Mar 24 is $46.73M, with a range of $37.38M to $56.07M. METC's average Quarter net income forecast represents a 55.57% increase compared to the company's last Quarter net income of $30.04M (Dec 23).

Ramaco Resources, Inc. - 9.00% SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111211111111111999955
SG&A------------$11.31M$11.46M$14.32M$11.74M$10.75M$8.67M$8.79M$11.82M$5.86M$5.89M$5.17M$4.71M$5.30M$5.97M$5.04M$4.72M$5.05M$4.46M
Avg Forecast$30.45M$27.96M$25.66M$23.56M$21.62M$19.85M$18.22M$16.73M$14.82M$13.17M$12.65M$13.32M$15.21M$13.44M$12.21M$14.25M$6.45M$13.29M$15.03M$15.24M$7.45M$6.40M$6.64M$3.82M$3.92M$3.14M$2.57M$7.39M$4.10M$5.76M
High Forecast$31.04M$28.49M$26.15M$24.01M$22.04M$20.23M$18.57M$17.04M$15.10M$13.42M$12.65M$15.99M$15.50M$13.69M$12.44M$17.10M$7.74M$13.29M$15.03M$18.29M$7.45M$6.40M$7.97M$3.82M$3.92M$3.14M$2.57M$8.87M$4.10M$5.76M
Low Forecast$29.87M$27.42M$25.17M$23.11M$21.21M$19.47M$17.87M$16.41M$14.54M$12.92M$12.65M$10.66M$14.92M$13.18M$11.98M$11.40M$5.16M$13.29M$15.03M$12.19M$7.45M$6.40M$5.31M$3.82M$3.92M$3.14M$2.57M$5.92M$4.10M$5.76M
Surprise %------------0.74%0.85%1.17%0.82%1.67%0.65%0.58%0.78%0.79%0.92%0.78%1.23%1.35%1.90%1.96%0.64%1.23%0.77%

Ramaco Resources, Inc. - 9.00%'s average Quarter SG&A projection for Mar 24 is $13.32M, based on 1 Wall Street analysts, with a range of $10.66M to $15.99M. The forecast indicates a 17.77% rise compared to METC last annual SG&A of $11.31M (Dec 23).

Ramaco Resources, Inc. - 9.00% EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts111111111111211111111111999955
EPS------------$0.62$0.46$0.17$0.57$0.33$0.61$0.75$0.94$0.42$0.16$0.23$0.10$-0.11$-0.11$0.06$0.05$0.05$0.14
Avg Forecast$0.60$0.60$0.60$0.60$0.65$0.60$0.58$0.45$0.29$-0.02$-0.01$0.33$0.67$0.44$0.47$0.36$0.48$0.93$1.22$1.31$0.34$0.27$0.06$-0.00$-0.03$-0.03$-0.05$0.03$0.15$0.25
High Forecast$0.61$0.61$0.61$0.61$0.67$0.62$0.59$0.46$0.30$-0.02$-0.01$0.33$0.69$0.44$0.49$0.37$0.49$0.93$1.25$1.37$0.34$0.27$0.06$-0.00$-0.03$-0.03$-0.05$0.03$0.15$0.25
Low Forecast$0.59$0.59$0.59$0.59$0.64$0.59$0.56$0.44$0.28$-0.02$-0.01$0.33$0.66$0.44$0.46$0.35$0.47$0.93$1.19$1.25$0.34$0.27$0.06$-0.00$-0.03$-0.03$-0.05$0.03$0.15$0.25
Surprise %------------0.92%1.05%0.36%1.57%0.69%0.65%0.62%0.72%1.24%0.59%3.95%-24.30%3.59%3.74%-1.13%1.53%0.33%0.57%

According to 1 Wall Street analysts, Ramaco Resources, Inc. - 9.00%'s projected average Quarter EPS for Mar 24 is $0.33, with a low estimate of $0.33 and a high estimate of $0.33. This represents a -46.00% decrease compared to METC previous annual EPS of $0.62 (Dec 23).

Ramaco Resources, Inc. - 9.00% Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
METCRamaco Resources, Inc. - 9.00%$10.18$12.0017.88%Buy
ARCHArch Resources$138.14$160.0015.82%Buy
HCCWarrior Met Coal$54.32$37.00-31.89%Buy

METC Forecast FAQ


Is Ramaco Resources, Inc. - 9.00% a good buy?

Yes, according to 6 Wall Street analysts, Ramaco Resources, Inc. - 9.00% (METC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 83.33% of METC's total ratings.

What is METC's price target?

Ramaco Resources, Inc. - 9.00% (METC) average price target is $12 with a range of $12 to $12, implying a 17.88% from its last price of $10.18. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Ramaco Resources, Inc. - 9.00% stock go up soon?

According to Wall Street analysts' prediction for METC stock, the company can go up by 17.88% (from the last price of $10.18 to the average price target of $12), up by 17.88% based on the highest stock price target, and up by 17.88% based on the lowest stock price target.

Can Ramaco Resources, Inc. - 9.00% stock reach $20?

METC's average twelve months analyst stock price target of $12 does not support the claim that Ramaco Resources, Inc. - 9.00% can reach $20 in the near future.

What are Ramaco Resources, Inc. - 9.00%'s analysts' financial forecasts?

Ramaco Resources, Inc. - 9.00%'s analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $907.75M (high $925.07M, low $890.43M), average EBITDA is $203.08M (high $206.96M, low $199.21M), average net income is $119.38M (high $122.34M, low $116.42M), average SG&A $76.42M (high $77.88M, low $74.96M), and average EPS is $2.28 (high $2.34, low $2.22). METC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.28B (high $1.3B, low $1.25B), average EBITDA is $286.02M (high $291.48M, low $280.56M), average net income is $125.64M (high $128.75M, low $122.52M), average SG&A $107.63M (high $109.68M, low $105.57M), and average EPS is $2.4 (high $2.46, low $2.34).

Did the METC's actual financial results beat the analysts' financial forecasts?

Based on Ramaco Resources, Inc. - 9.00%'s last annual report (Dec 2023), the company's revenue was $693.52M, beating the average analysts forecast of $619.09M by 12.02%. Apple's EBITDA was $150.9M, missing the average prediction of $183.22M by -17.64%. The company's net income was $82.31M, missing the average estimation of $133M by -38.11%. Apple's SG&A was $48.83M, missing the average forecast of $55.11M by -11.39%. Lastly, the company's EPS was $1.77, missing the average prediction of $1.95 by -9.17%. In terms of the last quarterly report (Dec 2023), Ramaco Resources, Inc. - 9.00%'s revenue was $202.73M, beating the average analysts' forecast of $180.68M by 12.20%. The company's EBITDA was $52.01M, beating the average prediction of $40.42M by 28.66%. Ramaco Resources, Inc. - 9.00%'s net income was $30.04M, missing the average estimation of $35.26M by -14.80%. The company's SG&A was $11.31M, missing the average forecast of $15.21M by -25.62%. Lastly, the company's EPS was $0.62, missing the average prediction of $0.673 by -7.94%