Ranger Energy Services (RNGR) Stock Forecast, Price Target & Predictions
RNGR Stock Forecast
Ranger Energy Services stock forecast is as follows: an average price target of $13.00 (represents a -10.10% downside from RNGR’s last price of $14.46) 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 $13.00 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 $13.00. This represents a potential -10.10% downside from RNGR's last price of $14.46.
RNGR Analyst Ratings
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 | $13.00 | $11.75 | 10.64% | -10.10% |
| May 19, 2022 | Piper Sandler | $12.00 | $9.81 | 22.32% | -17.01% |
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 -10.10% decrease from RNGR last price ($14.46).
Ranger Energy Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $13.00 |
| Last Closing Price | $14.46 | $14.46 | $14.46 |
| Upside/Downside | -100.00% | -100.00% | -10.10% |
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 $14.46. 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 |
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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Avg Forecast | $143.50M | $146.50M | $143.60M | $140.70M | $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 |
| High Forecast | $143.50M | $146.50M | $143.60M | $140.70M | $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 |
| Low Forecast | $143.50M | $146.50M | $143.60M | $140.70M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 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 |
| 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% |
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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 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 |
| 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 |
| Avg Forecast | $16.87M | $17.22M | $16.88M | $16.54M | $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 |
| High Forecast | $16.87M | $17.22M | $16.88M | $16.54M | $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 |
| Low Forecast | $16.87M | $17.22M | $16.88M | $16.54M | $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 |
| 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 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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 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 |
| 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 |
| Avg Forecast | $7.78M | $10.23M | $9.48M | $6.23M | $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 |
| High Forecast | $7.78M | $10.23M | $9.48M | $6.23M | $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 |
| Low Forecast | $7.78M | $10.23M | $9.48M | $6.23M | $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 |
| 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% |
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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 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 |
| 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 |
| Avg Forecast | $11.82M | $12.07M | $11.83M | $11.59M | $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 |
| High Forecast | $11.82M | $12.07M | $11.83M | $11.59M | $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 |
| Low Forecast | $11.82M | $12.07M | $11.83M | $11.59M | $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 |
| 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% |
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 26 | Sep 26 | Jun 26 | Mar 26 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 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 |
| 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 |
| Avg Forecast | $0.35 | $0.45 | $0.42 | $0.28 | $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 |
| High Forecast | $0.35 | $0.45 | $0.42 | $0.28 | $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 |
| Low Forecast | $0.35 | $0.45 | $0.42 | $0.28 | $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 |
| 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% |
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 | $9.00 | $16.75 | 86.11% | Hold |
| OIS | Oil States | $4.76 | $7.50 | 57.56% | Hold |
| XPRO | Expro Group | $11.75 | $18.00 | 53.19% | Buy |
| NR | Newpark Resources | $7.25 | $11.00 | 51.72% | Buy |
| CHX | ChampionX | $26.62 | $38.33 | 43.99% | Buy |
| MRC | MRC Global | $12.80 | $16.00 | 25.00% | Buy |
| RES | RPC | $5.73 | $7.00 | 22.16% | Hold |
| WHD | Cactus | $57.35 | $54.00 | -5.84% | Hold |
| RNGR | Ranger Energy Services | $14.46 | $13.00 | -10.10% | Hold |