Ranger Energy Services (NYSE:RNGR) is set to post its quarterly earnings results after the market closes on Wednesday, May 5th. Individual that wish to register for the company’s earnings conference call can do so using this link.
Ranger Energy Services (NYSE:RNGR) last issued its earnings results on Friday, February 26th. The company reported ($0.43) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.14). Ranger Energy Services had a negative net margin of 2.96% and a negative return on equity of 3.85%. The company had revenue of $41.50 million during the quarter, compared to analyst estimates of $40.70 million. On average, analysts expect Ranger Energy Services to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of Ranger Energy Services stock opened at $6.05 on Tuesday. The company has a fifty day simple moving average of $5.63 and a 200-day simple moving average of $4.51. Ranger Energy Services has a 12-month low of $2.27 and a 12-month high of $6.18. The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 0.07. The stock has a market cap of $93.22 million, a price-to-earnings ratio of -7.38 and a beta of 2.22.
Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Ranger Energy Services from a “sell” rating to a “hold” rating in a report on Tuesday, March 9th. B. Riley increased their price target on shares of Ranger Energy Services from $6.00 to $7.50 and gave the stock a “buy” rating in a research note on Thursday, March 4th. Finally, Evercore ISI upgraded shares of Ranger Energy Services from an “in-line” rating to an “outperform” rating in a research note on Monday, January 4th.
About Ranger Energy Services
Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline completion services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Completion and Other Services, and Processing Solutions.
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