Ranger Energy Services Inc [RNGR] stock is trading at $15.48, up 1.57%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RNGR shares have gain 8.10% over the last week, with a monthly amount drifted -6.18%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ranger Energy Services Inc [NYSE: RNGR] stock has seen the most recent analyst activity on January 10, 2023, when Barclays downgraded its rating to a Equal Weight but kept the price target unchanged to $14 for it. Previously, Evercore ISI upgraded its rating to Outperform on January 04, 2021. On December 10, 2020, upgrade upgraded it’s rating to Buy but maintained its price target of $6 on the stock. Piper Sandler downgraded its rating to a Neutral and decreased its price target to $6 on April 15, 2020. Barclays downgraded its rating to a Equal Weight. B. Riley FBR downgraded its rating to Neutral for this stock on March 17, 2020, and downed its price target to $6. In a note dated March 09, 2020, Evercore ISI downgraded an In-line rating on this stock.
Ranger Energy Services Inc [RNGR] stock has fluctuated between $9.27 and $17.20 over the past year. Currently, Wall Street analysts expect the stock to reach $13 within the next 12 months. Ranger Energy Services Inc [NYSE: RNGR] shares were valued at $15.48 at the most recent close of the market. An investor can expect a potential drop of -16.02% based on the average RNGR price forecast.
Analyzing the RNGR fundamentals
Ranger Energy Services Inc [NYSE:RNGR] reported sales of 579.50M for the trailing twelve months, which represents a drop of -6.93%. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.06 and Total Capital is 0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.32 points at the first support level, and at 15.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 15.64, and for the 2nd resistance point, it is at 15.81.
Ratios To Look Out For
For context, Ranger Energy Services Inc’s Current Ratio is 2.00. In addition, the Quick Ratio stands at 1.91 and the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 0.59, the price to book ratio is 1.29 and price to earnings (TTM) ratio is 23.91.
Transactions by insiders
Recent insider trading involved Agee Brett T., Director, that happened on Dec 16 ’24 when 19209.0 shares were sold. Director, Agee Brett T. completed a deal on Dec 12 ’24 to sell 30791.0 shares. Meanwhile, Director Agee Brett T. sold 0.12 million shares on Dec 10 ’24.
