Ranger Energy Services (RNGR) Stock Forecast, Price Target & Predictions

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RNGR Stock Forecast

Ranger Energy Services stock forecast is as follows: an average price target of $12.50 (represents a -25.73% downside from RNGR’s last price of $16.83) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.

RNGR Price Target

The average price target for Ranger Energy Services (RNGR) is $12.50 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $12.00. This represents a potential -25.73% downside from RNGR's last price of $16.83.

RNGR Analyst Ratings

Hold

According to 3 Wall Street analysts, Ranger Energy Services's rating consensus is 'Hold'. The analyst rating breakdown for RNGR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (33.33%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Ranger Energy Services Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Aug 16, 2024	Derek Podhaizer	Barclays	-	-	10.64%	-22.76%
May 19, 2022		Piper Sandler	-	-	22.32%	-28.70%

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The latest Ranger Energy Services stock forecast, released on Aug 16, 2024 by Derek Podhaizer from Barclays, set a price target of $13.00, which represents a 10.64% increase from the stock price at the time of the forecast ($11.75), and a -22.76% decrease from RNGR last price ($16.83).

Ranger Energy Services Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$13.00
Last Closing Price	$16.83	$16.83	$16.83
Upside/Downside	-100.00%	-100.00%	-22.76%

In the current month, the average price target of Ranger Energy Services stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ranger Energy Services's last price of $16.83. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Aug 16, 2024	Barclays	Equal-Weight	Equal-Weight	Hold
Mar 07, 2023	Johnson Rice		Buy	Upgrade
Jan 10, 2023	Barclays		Equal-Weight	Downgrade
Nov 18, 2022	Piper Sandler	Neutral	Neutral	Hold
May 19, 2022	Piper Sandler	Neutral	Neutral	Hold

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Ranger Energy Services's last stock rating was published by Barclays on Aug 16, 2024. The company gave RNGR a "Equal-Weight" rating, the same as its previous rate.

Ranger Energy Services Financial Forecast

Ranger Energy Services Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
Revenue	-	-	-	-	-	-	-	-	$151.50M	$164.40M	$163.20M	$157.50M	$154.30M	$177.00M	$153.60M	$123.60M	$123.10M	$81.70M	$50.00M	$38.30M	$41.50M	$34.60M	$30.70M	$81.00M	$80.20M	$84.10M	$84.30M	$88.30M	$62.60M	$41.10M
Avg Forecast	$140.20M	$143.20M	$140.30M	$137.30M	$142.20M	$142.85M	$147.37M	$135.63M	$148.27M	$169.37M	$172.10M	$154.50M	$171.20M	$168.80M	$132.45M	$112.35M	$117.25M	$68.85M	$44.53M	$44.17M	$37.80M	$35.10M	$33.98M	$78.68M	$77.41M	$88.85M	$93.72M	$86.62M	$62.60M	$102.75M
High Forecast	$140.20M	$143.20M	$140.30M	$137.30M	$142.20M	$142.85M	$147.37M	$135.63M	$148.27M	$169.37M	$172.10M	$154.50M	$171.20M	$168.80M	$132.45M	$112.35M	$117.25M	$68.85M	$44.53M	$44.17M	$37.80M	$35.10M	$33.98M	$78.68M	$77.41M	$88.85M	$93.72M	$86.62M	$75.12M	$123.30M
Low Forecast	$140.20M	$143.20M	$140.30M	$137.30M	$142.20M	$142.85M	$147.37M	$135.63M	$148.27M	$169.37M	$172.10M	$154.50M	$171.20M	$168.80M	$132.45M	$112.35M	$117.25M	$68.85M	$44.53M	$44.17M	$37.80M	$35.10M	$33.98M	$78.68M	$77.41M	$88.85M	$93.72M	$86.62M	$50.08M	$82.20M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	6	3	3	3	2	2	3	4	7	18
Surprise %	-	-	-	-	-	-	-	-	1.02%	0.97%	0.95%	1.02%	0.90%	1.05%	1.16%	1.10%	1.05%	1.19%	1.12%	0.87%	1.10%	0.99%	0.90%	1.03%	1.04%	0.95%	0.90%	1.02%	1.00%	0.40%

Ranger Energy Services's average Quarter revenue forecast for Mar 24 based on 1 analysts is $135.63M, with a low forecast of $135.63M, and a high forecast of $135.63M. RNGR's average Quarter revenue forecast represents a -10.47% decrease compared to the company's last Quarter revenue of $151.50M (Dec 23).

Ranger Energy Services EBITDA Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	6	3	3	3	2	2	3	4	7	18
EBITDA	-	-	-	-	-	-	-	-	$15.20M	$22.30M	$19.60M	$18.20M	$19.00M	$27.90M	$12.00M	$6.40M	$32.30M	$4.10M	$3.20M	$4.40M	$5.20M	$5.90M	$5.40M	$11.60M	$9.90M	$11.10M	$11.60M	$12.00M	$-100.00K	$4.50M
Avg Forecast	$16.48M	$16.83M	$16.49M	$16.14M	$16.72M	$16.79M	$17.32M	$3.19M	$17.43M	$19.91M	$20.23M	$2.52M	$1.93M	$19.95M	$25.20M	$13.28M	$13.86M	$8.14M	$5.26M	$1.99M	$4.47M	$4.15M	$4.02M	$73.08M	$9.15M	$10.50M	$11.08M	$8.20M	$-100.00K	$6.48M
High Forecast	$16.48M	$16.83M	$16.49M	$16.14M	$16.72M	$16.79M	$17.32M	$3.83M	$17.43M	$19.91M	$20.23M	$3.03M	$2.32M	$19.95M	$30.24M	$13.28M	$13.86M	$8.14M	$5.26M	$2.39M	$4.47M	$4.15M	$4.02M	$87.70M	$9.15M	$10.50M	$11.08M	$9.84M	$-80.00K	$7.78M
Low Forecast	$16.48M	$16.83M	$16.49M	$16.14M	$16.72M	$16.79M	$17.32M	$2.55M	$17.43M	$19.91M	$20.23M	$2.02M	$1.54M	$19.95M	$20.16M	$13.28M	$13.86M	$8.14M	$5.26M	$1.59M	$4.47M	$4.15M	$4.02M	$58.46M	$9.15M	$10.50M	$11.08M	$6.56M	$-120.00K	$5.18M
Surprise %	-	-	-	-	-	-	-	-	0.87%	1.12%	0.97%	7.22%	9.85%	1.40%	0.48%	0.48%	2.33%	0.50%	0.61%	2.21%	1.16%	1.42%	1.34%	0.16%	1.08%	1.06%	1.05%	1.46%	1.00%	0.69%

1 analysts predict RNGR's average Quarter EBITDA for Mar 24 to be $3.19M, with a high of $3.83M and a low of $2.55M. This is -79.02% lower than Ranger Energy Services's previous annual EBITDA (Dec 23) of $15.20M.

Ranger Energy Services Net Income Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	6	3	3	3	2	2	3	4	7	18
Net Income	-	-	-	-	-	-	-	-	$2.10M	$9.40M	$6.10M	$6.20M	$7.60M	$13.60M	$-400.00K	$-5.70M	$24.40M	$-5.60M	$-5.60M	$-4.60M	$-3.70M	$-3.20M	$-4.90M	$1.50M	$-700.00K	$-500.00K	$1.00M	$2.00M	$-5.70M	$-3.50M
Avg Forecast	$6.31M	$9.13M	$7.77M	$5.57M	$4.69M	$6.41M	$3.21M	$-3.33M	$6.77M	$10.59M	$9.97M	$-2.64M	$-8.84K	$7.53M	$-840.00K	$-1.12M	$-2.93M	$-3.62M	$-5.54M	$-2.08M	$-7.32M	$-9.71M	$-12.75M	$9.45M	$-820.06K	$4.56M	$6.01M	$1.37M	$-5.70M	$-5.04M
High Forecast	$6.31M	$9.13M	$7.77M	$5.57M	$4.69M	$6.41M	$3.21M	$-2.67M	$6.77M	$10.59M	$9.97M	$-2.11M	$-7.07K	$7.53M	$-672.00K	$-1.12M	$-2.93M	$-3.62M	$-5.54M	$-1.67M	$-7.32M	$-9.71M	$-12.75M	$11.34M	$-820.06K	$4.56M	$6.01M	$1.64M	$-4.56M	$-4.03M
Low Forecast	$6.31M	$9.13M	$7.77M	$5.57M	$4.69M	$6.41M	$3.21M	$-4.00M	$6.77M	$10.59M	$9.97M	$-3.16M	$-10.61K	$7.53M	$-1.01M	$-1.12M	$-2.93M	$-3.62M	$-5.54M	$-2.50M	$-7.32M	$-9.71M	$-12.75M	$7.56M	$-820.06K	$4.56M	$6.01M	$1.09M	$-6.84M	$-6.05M
Surprise %	-	-	-	-	-	-	-	-	0.31%	0.89%	0.61%	-2.35%	-860.02%	1.81%	0.48%	5.10%	-8.33%	1.55%	1.01%	2.21%	0.51%	0.33%	0.38%	0.16%	0.85%	-0.11%	0.17%	1.46%	1.00%	0.69%

Ranger Energy Services's average Quarter net income forecast for Mar 24 is $-3.33M, with a range of $-4.00M to $-2.67M. RNGR's average Quarter net income forecast represents a -258.77% decrease compared to the company's last Quarter net income of $2.10M (Dec 23).

Ranger Energy Services SG&A Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	6	3	3	3	2	2	3	4	7	18
SG&A	-	-	-	-	-	-	-	-	$6.80M	$7.00M	$7.30M	$8.40M	$7.50M	$11.00M	$12.20M	$9.20M	$16.70M	$7.10M	$6.20M	$3.50M	$7.00M	$4.60M	$5.50M	$5.00M	$6.50M	$6.70M	$6.30M	$7.20M	$7.00M	$7.90M
Avg Forecast	$11.55M	$11.80M	$11.56M	$11.31M	$11.72M	$11.77M	$12.14M	$2.54M	$12.22M	$13.95M	$14.18M	$2.01M	$124.13K	$13.68M	$25.62M	$9.11M	$9.51M	$5.58M	$3.61M	$1.59M	$3.06M	$2.85M	$2.75M	$6.38M	$6.28M	$7.20M	$7.60M	$10.66M	$13.10M	$17.28M
High Forecast	$11.55M	$11.80M	$11.56M	$11.31M	$11.72M	$11.77M	$12.14M	$3.04M	$12.22M	$13.95M	$14.18M	$2.41M	$148.95K	$13.68M	$30.74M	$9.11M	$9.51M	$5.58M	$3.61M	$1.90M	$3.06M	$2.85M	$2.75M	$6.38M	$6.28M	$7.20M	$7.60M	$12.79M	$15.72M	$20.74M
Low Forecast	$11.55M	$11.80M	$11.56M	$11.31M	$11.72M	$11.77M	$12.14M	$2.03M	$12.22M	$13.95M	$14.18M	$1.60M	$99.30K	$13.68M	$20.50M	$9.11M	$9.51M	$5.58M	$3.61M	$1.27M	$3.06M	$2.85M	$2.75M	$6.38M	$6.28M	$7.20M	$7.60M	$8.53M	$10.48M	$13.82M
Surprise %	-	-	-	-	-	-	-	-	0.56%	0.50%	0.51%	4.19%	60.42%	0.80%	0.48%	1.01%	1.76%	1.27%	1.72%	2.21%	2.28%	1.62%	2.00%	0.78%	1.04%	0.93%	0.83%	0.68%	0.53%	0.46%

Ranger Energy Services's average Quarter SG&A projection for Mar 24 is $2.54M, based on 1 Wall Street analysts, with a range of $2.03M to $3.04M. The forecast indicates a -62.69% fall compared to RNGR last annual SG&A of $6.80M (Dec 23).

Ranger Energy Services EPS Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Sep 17
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	6	3	3	3	2	2	3	4	7	18
EPS	-	-	-	-	-	-	-	-	-	-	$0.25	$0.25	$0.31	$0.55	$-0.02	$-0.31	$1.34	$-0.51	$-0.59	$-0.54	$-0.43	$-0.38	$-0.58	$0.17	$-0.01	$-0.06	$0.12	$0.24	$-0.68	$-0.42
Avg Forecast	$0.28	$0.41	$0.35	$0.25	$0.21	$0.28	$0.14	$0.08	$0.30	$0.47	$0.44	$0.30	$0.35	$0.34	$0.06	$-0.05	$-0.13	$-0.16	$-0.25	$-0.34	$-0.33	$-0.43	$-0.57	$-0.03	$-0.04	$0.20	$0.27	$0.11	$-0.08	$0.07
High Forecast	$0.28	$0.41	$0.35	$0.25	$0.21	$0.28	$0.14	$0.08	$0.30	$0.47	$0.44	$0.30	$0.35	$0.34	$0.06	$-0.05	$-0.13	$-0.16	$-0.25	$-0.34	$-0.33	$-0.43	$-0.57	$-0.03	$-0.04	$0.20	$0.27	$0.11	$-0.06	$0.09
Low Forecast	$0.28	$0.41	$0.35	$0.25	$0.21	$0.28	$0.14	$0.08	$0.30	$0.47	$0.44	$0.30	$0.35	$0.34	$0.06	$-0.05	$-0.13	$-0.16	$-0.25	$-0.34	$-0.33	$-0.43	$-0.57	$-0.03	$-0.04	$0.20	$0.27	$0.11	$-0.10	$0.06
Surprise %	-	-	-	-	-	-	-	-	-	-	0.56%	0.83%	0.89%	1.63%	-0.28%	6.20%	-10.23%	3.15%	2.38%	1.58%	1.31%	0.88%	1.02%	-6.07%	0.27%	-0.29%	0.45%	2.26%	8.50%	-6.00%

According to 1 Wall Street analysts, Ranger Energy Services's projected average Quarter EPS for Sep 23 is $0.47, with a low estimate of $0.47 and a high estimate of $0.47. This represents a 88.40% increase compared to RNGR previous annual EPS of $0.25 (Jun 23).

Ranger Energy Services Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
PUMP	ProPetro	-	-	97.06%	Hold
XPRO	Expro Group	-	-	69.06%	Buy
RES	RPC	-	-	55.52%	Hold
NR	Newpark Resources	-	-	38.89%	Buy
OIS	Oil States	-	-	31.12%	Hold
NEX	NexTier Oilfield Solutions	-	-	27.24%	Hold
CHX	ChampionX	-	-	22.70%	Buy
MRC	MRC Global	-	-	13.80%	Buy
WHD	Cactus	-	-	-21.73%	Hold
RNGR	Ranger Energy Services	-	-	-25.73%	Hold

RNGR Forecast FAQ

Is Ranger Energy Services a good buy?

No, according to 3 Wall Street analysts, Ranger Energy Services (RNGR) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 33.33% of RNGR's total ratings.

What is RNGR's price target?

Ranger Energy Services (RNGR) average price target is $12.5 with a range of $12 to $13, implying a -25.73% from its last price of $16.83. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Ranger Energy Services stock go up soon?

According to Wall Street analysts' prediction for RNGR stock, the company can go down by -25.73% (from the last price of $16.83 to the average price target of $12.5), down by -22.76% based on the highest stock price target, and down by -28.70% based on the lowest stock price target.

Can Ranger Energy Services stock reach $30?

RNGR's average twelve months analyst stock price target of $12.5 does not support the claim that Ranger Energy Services can reach $30 in the near future.

What are Ranger Energy Services's analysts' financial forecasts?

Ranger Energy Services's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $568.05M (high $568.05M, low $568.05M), average EBITDA is $54.02M (high $54.66M, low $53.39M), average net income is $10.98M (high $11.65M, low $10.31M), average SG&A $38.16M (high $38.67M, low $37.66M), and average EPS is $0.712 (high $0.712, low $0.711). RNGR's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $561M (high $561M, low $561M), average EBITDA is $65.95M (high $65.95M, low $65.95M), average net income is $28.78M (high $28.78M, low $28.78M), average SG&A $46.22M (high $46.22M, low $46.22M), and average EPS is $1.28 (high $1.28, low $1.28).

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

Based on Ranger Energy Services's last annual report (Dec 2023), the company's revenue was $636.6M, which missed the average analysts forecast of $644.23M by -1.18%. Apple's EBITDA was $74.4M, beating the average prediction of $60.09M by 23.80%. The company's net income was $23.8M, missing the average estimation of $24.7M by -3.63%. Apple's SG&A was $29.5M, missing the average forecast of $42.35M by -30.35%. Lastly, the company's EPS was $0, missing the average prediction of $1.52 by -100.00%. In terms of the last quarterly report (Dec 2023), Ranger Energy Services's revenue was $151.5M, beating the average analysts' forecast of $148.27M by 2.18%. The company's EBITDA was $15.2M, missing the average prediction of $17.43M by -12.80%. Ranger Energy Services's net income was $2.1M, missing the average estimation of $6.77M by -68.96%. The company's SG&A was $6.8M, missing the average forecast of $12.22M by -44.33%. Lastly, the company's EPS was $0, missing the average prediction of $0.301 by -100.00%