Northland Securities Comments on METC Q2 Earnings

Key Points

• Northland Securities expects Ramaco Resources to break even in Q2 2027, with projected EPS of $0.10 in Q3 and $0.07 in Q4; the full-year consensus estimate is a loss of $0.97 per share.
• Ramaco reported a quarterly loss of $0.32 per share, worse than the $0.25 consensus estimate, despite revenue of $150.09 million beating expectations of $140.23 million.
• Analyst sentiment is mixed: the stock carries an average “Hold” rating and a $17.33 consensus price target, while several firms have cut targets or downgraded their ratings.

Ramaco Resources, Inc. (NASDAQ:METC - Free Report) - Research analysts at Northland Securities issued their Q2 2027 earnings per share estimates for Ramaco Resources in a report issued on Wednesday, November 4th. Northland Securities analyst J. Grampp expects that the energy company will earn $0.00 per share for the quarter. The consensus estimate for Ramaco Resources' current full-year earnings is ($0.97) per share. Northland Securities also issued estimates for Ramaco Resources' Q3 2027 earnings at $0.10 EPS and Q4 2027 earnings at $0.07 EPS.

Several other equities research analysts have also commented on METC. Robert W. Baird lowered shares of Ramaco Resources from an "outperform" rating to a "neutral" rating and set a $13.00 price target on the stock. in a research note on Tuesday, August 18th. The Goldman Sachs Group decreased their price objective on shares of Ramaco Resources from $8.00 to $7.00 and set a "neutral" rating for the company in a research note on Wednesday. B. Riley Financial decreased their price objective on shares of Ramaco Resources from $24.00 to $17.00 and set a "buy" rating for the company in a research note on Wednesday. Wall Street Zen lowered Ramaco Resources from a "sell" rating to a "strong sell" rating in a report on Sunday, October 4th. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Ramaco Resources in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $17.33.

Ramaco Resources Stock Up 3.6%

Shares of NASDAQ:METC opened at $6.98 on Thursday. The firm has a 50 day simple moving average of $9.41 and a 200-day simple moving average of $13.31. Ramaco Resources has a twelve month low of $5.73 and a twelve month high of $28.67. The company has a current ratio of 4.23, a quick ratio of 3.31 and a debt-to-equity ratio of 1.23. The company has a market capitalization of $442.45 million, a PE ratio of -6.12 and a beta of 1.46.

Ramaco Resources (NASDAQ:METC - Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The energy company reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.25) by ($0.07). Ramaco Resources had a negative net margin of 12.24% and a negative return on equity of 15.43%. The company had revenue of $150.09 million during the quarter, compared to analysts' expectations of $140.23 million.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of METC. Bank of New York Mellon Corp purchased a new position in Ramaco Resources in the second quarter worth $102,000. Fifth Third Bancorp raised its holdings in Ramaco Resources by 1,274.6% during the first 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 during the last quarter. BankChampaign National Association purchased a new stake in Ramaco Resources during the first quarter worth $187,000. Jupiter Topco LLC purchased a new stake in Ramaco Resources during the second quarter worth $195,000. Finally, Hsbc Holdings PLC purchased a new stake in Ramaco Resources during the first quarter worth $197,000. Institutional investors and hedge funds own 74.49% of the company's stock.

Trending Headlines about Ramaco Resources

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

• Positive Sentiment: Third-quarter revenue of $150.1 million exceeded analysts’ estimate of $140.2 million. Zacks also cited a hammer chart pattern and improving earnings-estimate revisions as potential signs of support and a near-term reversal. Article
• Positive Sentiment: B. Riley retained its “buy” rating despite cutting its price target from $24 to $17, leaving substantial projected upside from the price cited in the report. Article
• Neutral Sentiment: Chairman and CEO Randall W. Atkins was elected chair of the International Energy Agency’s Coal Industry Advisory Board. The appointment adds industry visibility but does not by itself indicate a change in Ramaco’s financial outlook. Article
• Negative Sentiment: Ramaco reported a third-quarter loss of $0.32 per share, worse than consensus estimates of a $0.24 loss and the $0.25 loss a year earlier. The earnings shortfall and negative net margin weigh against the revenue beat. Article
• Negative Sentiment: Goldman Sachs lowered its price target from $8 to $7 and maintained a “neutral” rating, signaling limited upside at the price referenced in the report. Article

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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