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


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RNGR Stock Forecast


Ranger Energy Services (RNGR) stock forecast, based on 3 Wall Street analysts, predicts a 12-month average price target of $13.00, with a high of $13.00 and a low of $13.00. This represents a -24.37% decline from the last price of $17.19.

$9 $10 $11 $12 $13 $14 $15 $16 $17 $18 High: $13 Avg: $13 Low: $13 Last Closed Price: $17.19

RNGR Stock Rating


Ranger Energy Services stock's rating consensus is Hold, based on 3 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (33.33%), 2 Hold (66.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 3 0 2 1 Strong Sell Sell Hold Buy Strong Buy

RNGR Forecast vs Benchmarks


TypeNameUpside
StockRanger Energy Services-24.37%
SectorEnergy Stocks 25.44%
IndustryOil & Gas Equipment & Services Stocks20.00%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$13.00
Last Closing Price$17.19$17.19$17.19
Upside/Downside---24.37%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-11--2
Dec, 24-11--2
Nov, 24152--8
Oct, 24152--8
Sep, 24153--9
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 16, 2024Derek PodhaizerBarclays$13.00$11.7510.64%-24.37%
May 19, 2022Piper Sandler$12.00$9.8122.32%-30.19%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Aug 16, 2024BarclaysEqual-WeightEqual-Weighthold
Mar 07, 2023Johnson RiceBuyupgrade
Jan 10, 2023BarclaysEqual-Weightdowngrade
Nov 18, 2022Piper SandlerNeutralNeutralhold
May 19, 2022Piper SandlerNeutralNeutralhold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-1.54$-0.15$0.66$0.95---
Avg Forecast$-1.18$-1.42$0.85$1.24$0.76$1.28$1.50
High Forecast$-1.18$-1.42$0.85$1.24$0.76$1.28$1.50
Low Forecast$-1.18$-1.42$0.85$1.24$0.76$1.28$1.50
Surprise %30.51%-89.44%-22.35%-23.39%---

Revenue Forecast

$150M $250M $350M $450M $550M $650M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$187.80M$293.10M$608.50M$636.60M---
Avg Forecast$184.04M$287.25M$625.33M$633.33M$570.20M$560.90M$574.30M
High Forecast$184.04M$287.25M$625.33M$633.33M$570.20M$560.90M$574.30M
Low Forecast$184.04M$287.25M$625.33M$633.33M$570.20M$560.90M$574.30M
Surprise %2.04%2.04%-2.69%0.52%---

Net Income Forecast

$-40M $-24M $-8M $8M $24M $40M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$-15.80M$-2.10M$15.10M$23.80M---
Avg Forecast$1.31M$-35.51M$21.20M$15.40M$19.11M$31.96M$37.44M
High Forecast$-2.21M$-35.51M$21.20M$12.32M$19.11M$31.96M$37.44M
Low Forecast$4.83M$-35.51M$21.20M$18.48M$19.11M$31.96M$37.44M
Surprise %-1308.41%-94.09%-28.79%54.55%---

RNGR Forecast FAQ


Is Ranger Energy Services stock a buy?

Ranger Energy Services stock has a consensus rating of Hold, based on 3 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Ranger Energy Services is a neutral investment for most analysts.

What is Ranger Energy Services's price target?

Ranger Energy Services's price target, set by 3 Wall Street analysts, averages $13 over the next 12 months. The price target range spans from $13 at the low end to $13 at the high end, suggesting a potential -24.37% change from the previous close price of $17.19.

How does Ranger Energy Services stock forecast compare to the average forecast of its sector, industry, and investment themes?

Ranger Energy Services stock forecast shows a -24.37% downside, underperforming the average forecast for the energy stocks sector (25.44%) and underperforming the oil & gas equipment & services stocks industry (20.00%).

What is the breakdown of analyst ratings for Ranger Energy Services over the past three months?

  • January 2025: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 50.00% Buy, 50.00% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 12.50% Strong Buy, 62.50% Buy, 25.00% Hold, 0% Sell, 0% Strong Sell.

What is Ranger Energy Services’s EPS forecast?

Ranger Energy Services's average annual EPS forecast for its fiscal year ending in December is 0.76 for 2024, a -20.00% decrease from the reported $0.95 in 2023. The prediction for 2025 is $1.28, and $1.5 for 2026.

What is Ranger Energy Services’s revenue forecast?

Ranger Energy Services's average annual revenue forecast for its fiscal year ending in December is $570.2M for 2024, a -10.43% decrease from the reported $636.6M in 2023. The forecast for 2025 is $560.9M, and $574.3M for 2026.

What is Ranger Energy Services’s net income forecast?

For its fiscal year ending in December, Ranger Energy Services's average annual net income forecast is $19.11M for 2024, reflecting a -19.69% decrease from the reported $23.8M in 2023. The projection for 2025 is $31.96M, and $37.44M for 2026.