The Goldman Sachs Group Issues Pessimistic Forecast for Ramaco Resources (NASDAQ:METC) Stock Price

Ramaco Resources (NASDAQ:METC) had its price objective lowered by equities research analysts at The Goldman Sachs Group from $13.00 to $11.00 in a research report issued on Thursday, MarketBeat reports. The brokerage currently has a “neutral” rating on the energy company’s stock. The Goldman Sachs Group’s target price would indicate a potential upside of 7.42% from the company’s current price.

METC has been the subject of several other reports. Morgan Stanley decreased their price objective on shares of Ramaco Resources from $17.00 to $13.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. Robert W. Baird decreased their target price on shares of Ramaco Resources from $30.00 to $25.00 and set an “outperform” rating for the company in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Ramaco Resources in a research report on Thursday, June 18th. B. Riley Financial decreased their price objective on shares of Ramaco Resources from $24.00 to $22.00 and set a “buy” rating on the stock in a report on Wednesday, May 13th. Finally, Zacks Research downgraded Ramaco Resources from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $22.71.

Ramaco Resources Price Performance

Ramaco Resources stock opened at $10.24 on Thursday. Ramaco Resources has a 12-month low of $8.56 and a 12-month high of $57.80. The firm has a 50-day moving average price of $12.70 and a 200-day moving average price of $14.87. The firm has a market capitalization of $667.44 million, a PE ratio of -9.57 and a beta of 1.37. The company has a current ratio of 4.23, a quick ratio of 3.93 and a debt-to-equity ratio of 1.23.

Ramaco Resources (NASDAQ:METC) last issued its earnings results on Wednesday, August 5th. The energy company reported ($0.26) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.26). Ramaco Resources had a negative return on equity of 13.54% and a negative net margin of 11.98%.The business had revenue of $122.32 million during the quarter, compared to analyst estimates of $133.11 million. As a group, equities research analysts forecast that Ramaco Resources will post -0.76 EPS for the current year.

Institutional Trading of Ramaco Resources

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Carlyle Group Inc. acquired a new stake in shares of Ramaco Resources during the 2nd quarter worth about $288,000. Bank of New York Mellon Corp purchased a new position in Ramaco Resources during the 2nd quarter worth $102,000. BankChampaign National Association acquired a new stake in Ramaco Resources in the first quarter valued at about $187,000. Royal Bank of Canada boosted its stake in shares of Ramaco Resources by 16.4% in the first quarter. Royal Bank of Canada now owns 81,583 shares of the energy company’s stock valued at $1,262,000 after buying an additional 11,474 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of Ramaco Resources by 12.2% during the 1st 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 in the last quarter. 74.49% of the stock is currently owned by institutional investors and hedge funds.

Key Ramaco Resources News

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

• Positive Sentiment: Benchmark maintained a “buy” rating while reducing its price target from $38 to $26. The revised target still implies substantial upside from recent trading levels and may be encouraging some investors. Benchmark price target report
• Neutral Sentiment: Goldman Sachs lowered its price target from $13 to $11 and kept a “neutral” rating. Although the target remains above the recent share price, the reduction signals more limited near-term confidence. Goldman Sachs price target report
• Neutral Sentiment: Ramaco’s second-quarter results were mixed: adjusted earnings of a $0.26-per-share loss matched expectations, but revenue of $122.3 million fell short of the approximately $133.1 million consensus forecast. The earnings-call transcript provided additional discussion of the quarter but no clearly identified catalyst in the supplied report. Ramaco Resources Q2 2026 earnings call transcript
• Negative Sentiment: Northland Securities cut its 2026 earnings outlook to a $0.97-per-share loss from a $0.73 loss previously. It also reduced its third-quarter forecast to a $0.32 loss from $0.12 and lowered its fourth-quarter estimate to a $0.04 loss from $0.03 profit. The FY2027 estimate declined to $0.12 from $0.13, pointing to weaker near-term profitability expectations.
• Negative Sentiment: Lowey Dannenberg said it was appointed co-lead counsel in a class-action lawsuit alleging federal securities-law violations by Ramaco. The allegations have not been proven, but the litigation creates potential legal costs, liability and reputational risk. Lowey Dannenberg investigation

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.