Ramaco Resources (NASDAQ:METC – Free Report) had its price target lowered by The Goldman Sachs Group from $8.00 to $7.00 in a report issued on Wednesday morning,Benzinga reports. The brokerage currently has a neutral rating on the energy company’s stock.
A number of other research firms have also commented on METC. B. Riley Financial reduced their price objective on shares of Ramaco Resources from $24.00 to $17.00 and set a “buy” rating on the stock in a research note on Wednesday. Weiss Ratings downgraded shares of Ramaco Resources from a “sell (d)” rating to a “sell (d-)” rating in a research note on Thursday, August 6th. Robert W. Baird lowered shares of Ramaco Resources from an “outperform” rating to a “neutral” rating and set a $13.00 target price on the stock. in a report on Tuesday, August 18th. Morgan Stanley dropped their target price on shares of Ramaco Resources from $13.00 to $11.00 and set an “equal weight” rating on the stock in a report on Tuesday, August 18th. Finally, Wall Street Zen cut shares of Ramaco Resources from a “sell” rating to a “strong sell” rating in a research report on Sunday, October 4th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Ramaco Resources currently has an average rating of “Hold” and an average target price of $17.33.
Read Our Latest Stock Analysis on METC
Ramaco Resources Trading Up 0.6%
Shares of Ramaco Resources stock traded up $0.04 during midday trading on Wednesday, reaching $6.24. The company had a trading volume of 2,000,043 shares, compared to its average volume of 2,113,052. The stock has a fifty day moving average price of $9.13 and a 200 day moving average price of $13.16. Ramaco Resources has a fifty-two week low of $5.73 and a fifty-two week high of $28.67. The firm has a market cap of $395.55 million, a PE ratio of -5.47 and a beta of 1.46. The company has a debt-to-equity ratio of 1.23, a current ratio of 4.23 and a quick ratio of 3.31.
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 analysts’ consensus estimates 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 firm had revenue of $150.09 million for the quarter, compared to analyst estimates of $140.23 million. On average, equities analysts anticipate that Ramaco Resources will post -1.08 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers grew its holdings in Ramaco Resources by 12.2% in the first quarter. Cetera Investment Advisers now owns 26,850 shares of the energy company’s stock worth $415,000 after purchasing an additional 2,930 shares during the period. Van ECK Associates Corp raised its holdings in shares of Ramaco Resources by 8.4% during the second quarter. Van ECK Associates Corp now owns 38,894 shares of the energy company’s stock valued at $515,000 after purchasing an additional 3,028 shares during the period. AlphaGrep UK Ltd raised its holdings in shares of Ramaco Resources by 19.5% during the second quarter. AlphaGrep UK Ltd now owns 18,620 shares of the energy company’s stock valued at $246,000 after purchasing an additional 3,044 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of Ramaco Resources by 21.9% during the first quarter. Kestra Advisory Services LLC now owns 17,146 shares of the energy company’s stock valued at $265,000 after purchasing an additional 3,083 shares during the period. Finally, Fifth Third Bancorp boosted its position in shares of Ramaco Resources by 1,274.6% during the 1st quarter. Fifth Third Bancorp now owns 6,873 shares of the energy company’s stock worth $106,000 after purchasing an additional 6,373 shares in the last quarter. 74.49% of the stock is owned by institutional investors.
Key Headlines Impacting Ramaco Resources
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 Company Profile
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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