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 $12.50 (represents a -9.16% downside from RNGR’s last price of $13.76) 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 -9.16% downside from RNGR's last price of $13.76.
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% | -5.52% |
| May 19, 2022 | - | Piper Sandler | $12.00 | $9.81 | 22.32% | -12.79% |
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 -5.52% decrease from RNGR last price ($13.76).
Ranger Energy Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $13.00 | $13.00 |
| Last Closing Price | $13.76 | $13.76 | $13.76 |
| Upside/Downside | -100.00% | -5.52% | -5.52% |
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 $13.76. This month's average price target is down -100.00% 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 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 | $142.40M | $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 | $142.40M | $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 | $142.40M | $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 | $16.57M | $16.93M | $16.58M | $16.23M | $16.83M | $16.89M | $17.42M | $3.19M | $17.53M | $20.02M | $20.34M | $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 | $16.57M | $16.93M | $16.58M | $16.23M | $16.83M | $16.89M | $17.42M | $3.83M | $17.53M | $20.02M | $20.34M | $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 | $16.57M | $16.93M | $16.58M | $16.23M | $16.83M | $16.89M | $17.42M | $2.55M | $17.53M | $20.02M | $20.34M | $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% | 1.11% | 0.96% | 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 | $6.30M | $9.22M | $7.87M | $5.62M | $4.39M | $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 | $6.30M | $9.22M | $7.87M | $5.62M | $4.62M | $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 | $6.30M | $9.22M | $7.87M | $5.62M | $4.16M | $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 | $11.37M | $11.61M | $11.37M | $11.13M | $11.54M | $11.58M | $11.95M | $2.54M | $12.02M | $13.73M | $13.95M | $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 | $11.37M | $11.61M | $11.37M | $11.13M | $11.54M | $11.58M | $11.95M | $3.04M | $12.02M | $13.73M | $13.95M | $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 | $11.37M | $11.61M | $11.37M | $11.13M | $11.54M | $11.58M | $11.95M | $2.03M | $12.02M | $13.73M | $13.95M | $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 % | - | - | - | - | - | - | - | - | 0.57% | 0.51% | 0.52% | 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 | $0.20 | $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 | $0.18 | $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 | $7.04 | $16.75 | 137.93% | Hold |
| XPRO | Expro Group | $12.78 | $23.33 | 82.55% | Buy |
| RES | RPC | $5.68 | $10.00 | 76.06% | Hold |
| NR | Newpark Resources | $6.57 | $11.00 | 67.43% | Buy |
| OIS | Oil States | $4.72 | $7.50 | 58.90% | Hold |
| CHX | ChampionX | $28.43 | $38.33 | 34.82% | Buy |
| MRC | MRC Global | $12.20 | $16.00 | 31.15% | Buy |
| NEX | NexTier Oilfield Solutions | $10.61 | $13.50 | 27.24% | Hold |
| RNGR | Ranger Energy Services | $13.76 | $12.50 | -9.16% | Hold |
| WHD | Cactus | $61.36 | $54.00 | -11.99% | 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 -9.16% from its last price of $13.76. 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 -9.16% (from the last price of $13.76 to the average price target of $12.5), down by -5.52% based on the highest stock price target, and down by -12.79% based on the lowest stock price target.
Can Ranger Energy Services stock reach $20?
RNGR's average twelve months analyst stock price target of $12.5 does not support the claim that Ranger Energy Services can reach $20 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 $568.25M (high $568.25M, low $568.25M), average EBITDA is $54.33M (high $54.97M, low $53.69M), average net income is $10.68M (high $11.58M, low $9.78M), average SG&A $37.61M (high $38.12M, low $37.1M), and average EPS is $0.698 (high $0.709, low $0.688). 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 $66.32M (high $66.32M, low $66.32M), average net income is $29.02M (high $29.02M, low $29.02M), average SG&A $45.48M (high $45.48M, low $45.48M), and average EPS is $1.29 (high $1.29, low $1.29).
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 $60.41M by 23.15%. 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 $41.71M by -29.27%. 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 $17.53M by -13.27%. 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 $12.02M by -43.43%. Lastly, the company's EPS was $0, missing the average prediction of $0.301 by -100.00%