Shares of Ramaco Resources, Inc. (NASDAQ:METC – Get Free Report) have been assigned a consensus rating of “Hold” from the eight brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $17.33.
A number of research analysts recently weighed in on METC shares. Zacks Research upgraded shares of Ramaco Resources from a “strong sell” rating to a “hold” rating in a research note on Friday, October 16th. B. Riley Financial decreased their price target on Ramaco Resources from $24.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday. Robert W. Baird cut shares of Ramaco Resources from an “outperform” rating to a “neutral” rating and set a $13.00 price target on the stock. in a report on Tuesday, August 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ramaco Resources in a report on Tuesday. Finally, Benchmark dropped their price target on Ramaco Resources from $38.00 to $26.00 and set a “buy” rating for the company in a report on Thursday, August 6th.
Check Out Our Latest Research Report on Ramaco Resources
Ramaco Resources News Summary
Here are the key news stories impacting Ramaco Resources this week:
- Positive Sentiment: A Seeking Alpha analysis argues METC’s valuation gives little or no credit to its Brook Mine rare-earth asset and sees potential in the coal business, with the 2027-to-medium-term coal outlook viewed more favorably than current earnings. This is a bullish valuation thesis, not a company announcement. Ramaco Resources: Buy At A Discount Now And Get Brook Mine For Free
- Positive Sentiment: Northland’s quarterly estimates anticipate a return to modest profitability in Q3 and Q4 2027, following a loss in Q1 and break-even results in Q2—offering a possible later-year recovery signal. Ramaco Resources analyst estimates
- Negative Sentiment: Northland cut its outlook: Q4 2026 EPS is now estimated at a loss of $0.21, versus a prior loss estimate of $0.04; FY2026 EPS was lowered to a $1.18 loss from a $0.97 loss; and FY2027 shifted to an $0.11 loss from a previously projected $0.12 profit. The Q1 2027 estimate is a $0.28 loss. These revisions reinforce near-term earnings concerns and may weigh on the shares. Ramaco Resources analyst estimates
Ramaco Resources Stock Up 0.6%
Ramaco Resources stock opened at $6.24 on Friday. Ramaco Resources has a twelve month low of $5.73 and a twelve month high of $28.67. The stock has a market capitalization of $395.55 million, a price-to-earnings ratio of -5.47 and a beta of 1.46. The stock has a 50 day moving average of $9.13 and a two-hundred day moving average of $13.16. The company has a current ratio of 4.23, a quick ratio of 3.31 and a debt-to-equity ratio of 1.23.
Ramaco Resources (NASDAQ:METC – Get Free Report) last released its earnings results on Tuesday, November 3rd. The energy company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.07). Ramaco Resources had a negative net margin of 11.98% and a negative return on equity of 13.54%. The business had revenue of $150.09 million for the quarter, compared to analysts’ expectations of $140.23 million. As a group, research analysts expect that Ramaco Resources will post -1.08 earnings per share for the current year.
Hedge Funds Weigh In On Ramaco Resources
Hedge funds have recently made changes to their positions in the company. Gratia Capital LLC purchased a new stake in shares of Ramaco Resources in the second quarter valued at about $1,826,000. State Street Corp raised its position in Ramaco Resources by 6.7% in the 2nd quarter. State Street Corp now owns 3,059,847 shares of the energy company’s stock worth $40,482,000 after purchasing an additional 192,663 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Ramaco Resources by 38.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,435,059 shares of the energy company’s stock worth $22,179,000 after buying an additional 398,626 shares during the last quarter. Assenagon Asset Management S.A. acquired a new position in Ramaco Resources in the third quarter valued at about $3,986,000. Finally, Bank of New York Mellon Corp bought a new stake in Ramaco Resources during the second quarter valued at $1,486,000. Institutional investors and hedge funds own 74.49% of the company’s stock.
About Ramaco Resources
Ramaco Resources, Inc is a coal producer focused primarily on the development and operation of metallurgical coal mines. Its metallurgical coal is used by steelmakers in the production of coke, a key input in traditional steel manufacturing. The company also produces and sells thermal coal and related coal products where commercially appropriate.
Ramaco Resources operates mining assets in the Central Appalachian region of the United States, including properties in southern West Virginia and Virginia, and owns the Brook Mine development in Sheridan, Wyoming.
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