Brokerages Set Ramaco Resources, Inc. (NASDAQ:METC) Target Price at $31.93

Ramaco Resources, Inc. (NASDAQ:METC) has been assigned a consensus recommendation of “Hold” from the nine research firms that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $31.9286.

A number of research analysts have issued reports on METC shares. Zacks Research cut Ramaco Resources from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 3rd. Jefferies Financial Group raised shares of Ramaco Resources from a “hold” rating to a “buy” rating and dropped their target price for the stock from $33.00 to $30.00 in a report on Tuesday, January 20th. Morgan Stanley initiated coverage on shares of Ramaco Resources in a research note on Friday, December 5th. They issued an “equal weight” rating and a $17.50 price target on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ramaco Resources in a report on Monday, December 29th. Finally, The Goldman Sachs Group lowered their price objective on shares of Ramaco Resources from $16.00 to $14.00 and set a “sell” rating for the company in a research report on Monday, March 2nd.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Millennium Management LLC bought a new position in shares of Ramaco Resources in the 3rd quarter valued at $23,451,000. Vanguard Group Inc. grew its position in Ramaco Resources by 40.0% during the 3rd quarter. Vanguard Group Inc. now owns 2,335,257 shares of the energy company’s stock worth $77,507,000 after acquiring an additional 667,199 shares during the last quarter. Bamco Inc. NY acquired a new position in Ramaco Resources in the 3rd quarter worth about $20,679,000. Merewether Investment Management LP acquired a new position in Ramaco Resources in the 3rd quarter worth about $18,633,000. Finally, Goldman Sachs Group Inc. raised its position in Ramaco Resources by 74.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,160,898 shares of the energy company’s stock valued at $20,896,000 after purchasing an additional 496,150 shares during the last quarter. 74.49% of the stock is currently owned by institutional investors and hedge funds.

Ramaco Resources Trading Up 7.1%

Shares of METC stock opened at $15.46 on Friday. The stock’s fifty day moving average price is $16.98 and its two-hundred day moving average price is $22.65. The company has a market cap of $1.04 billion, a PE ratio of -15.62 and a beta of 1.41. Ramaco Resources has a fifty-two week low of $6.30 and a fifty-two week high of $57.80. The company has a debt-to-equity ratio of 0.95, a quick ratio of 4.66 and a current ratio of 5.46.

Ramaco Resources (NASDAQ:METC) last posted its quarterly earnings results on Wednesday, February 25th. The energy company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.02. Ramaco Resources had a negative return on equity of 12.01% and a negative net margin of 9.59%.The company had revenue of $108.72 million during the quarter, compared to analysts’ expectations of $143.48 million. During the same quarter in the previous year, the firm earned $0.02 EPS. Ramaco Resources’s revenue was down 25.1% on a year-over-year basis. Equities analysts predict that Ramaco Resources will post 0.05 EPS for the current fiscal year.

Ramaco Resources announced that its Board of Directors has authorized a share repurchase plan on Tuesday, December 23rd that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the energy company to buy up to 9.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

More Ramaco Resources News

Here are the key news stories impacting Ramaco Resources this week:

• Neutral Sentiment: Company announced an internal corporate reorganization; details may aim to streamline operations or governance but impact is uncertain until company filings clarify scope and financial effects. Read More.
• Negative Sentiment: Multiple plaintiff law firms (Faruqi & Faruqi, Gross Law Firm, Rosen, Glancy Prongay Wolke & Rotter, Berger Montague, Schall Law Firm and others) have issued investor alerts reminding holders of the March 31, 2026 lead‑plaintiff deadline for a securities class action tied to the July 31–October 23, 2025 period — increasing the likelihood of consolidated litigation, potential discovery, defense costs and eventual settlements or judgments that could hurt EPS and investor sentiment. Representative notices: Faruqi & Faruqi (Newsfile). Read More., Faruqi BusinessWire reminder. Read More., Gross Law Firm notice. Read More. (additional notices: Rosen, Glancy, Berger Montague, Schall). Read More. · Read More. · Read More. · Read More.

About Ramaco Resources

Ramaco Resources, Inc (NASDAQ:METC) is a U.S.-based producer of premium metallurgical coal and industrial minerals, focused on supplying the steel and allied industries. The company’s operations are centered in the Appalachian region of West Virginia, where it develops, mines and processes high-carbon coal products designed to meet the quality requirements of blast‐furnace and electric‐arc furnace steelmakers.

The firm’s flagship asset is the Elk Creek underground mine in Wyoming County, West Virginia, which began commercial production in 2019 and delivers a range of high‐grade metallurgical and anthracite coals.