Ramaco Resources (NASDAQ:METC) Upgraded at Wall Street Zen

Key Points

• Wall Street Zen upgraded Ramaco Resources from “strong sell” to “sell,” while the broader analyst consensus remains “Hold” with an average price target of $22.71.
• Analysts have generally reduced their price targets, including Benchmark’s cut to $26, B. Riley’s to $22, and Morgan Stanley’s to $13, despite several firms retaining positive or neutral ratings.
• Ramaco reported a quarterly loss of $0.26 per share in line with expectations, but revenue of $122.3 million missed the $133.1 million consensus estimate. Shares opened at $10.24, near their 52-week low, and institutional investors own 74.49% of the stock.

Ramaco Resources (NASDAQ:METC - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "strong sell" rating to a "sell" rating in a research note issued on Saturday.

A number of other equities analysts also recently weighed in on METC. B. Riley Financial cut their target price on Ramaco Resources from $24.00 to $22.00 and set a "buy" rating on the stock in a research note on Wednesday, May 13th. Benchmark reduced their target price on shares of Ramaco Resources from $38.00 to $26.00 and set a "buy" rating for the company in a research report on Thursday. Zacks Research lowered shares of Ramaco Resources from a "hold" rating to a "strong sell" rating in a research note on Friday, July 17th. Weiss Ratings cut shares of Ramaco Resources from a "sell (d)" rating to a "sell (d-)" rating in a report on Thursday. Finally, Morgan Stanley dropped their price objective on Ramaco Resources from $17.00 to $13.00 and set an "equal weight" rating on the stock in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $22.71.

Ramaco Resources Price Performance

Shares of NASDAQ:METC opened at $10.24 on Friday. The company has a current ratio of 4.23, a quick ratio of 3.93 and a debt-to-equity ratio of 1.23. The stock has a market cap of $667.44 million, a PE ratio of -9.57 and a beta of 1.37. The stock's fifty day simple moving average is $12.70 and its two-hundred day simple moving average is $14.87. Ramaco Resources has a 1-year low of $8.56 and a 1-year high of $57.80.

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

Institutional Trading of Ramaco Resources

A number of institutional investors have recently modified their holdings of METC. State Street Corp grew its stake in Ramaco Resources by 10.2% in the 4th quarter. State Street Corp now owns 2,489,797 shares of the energy company's stock valued at $44,816,000 after buying an additional 230,197 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Ramaco Resources by 0.7% during the fourth quarter. Renaissance Technologies LLC now owns 1,526,164 shares of the energy company's stock worth $27,471,000 after acquiring an additional 9,860 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ramaco Resources by 38.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,435,059 shares of the energy company's stock worth $22,179,000 after acquiring an additional 398,626 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of 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 worth $20,896,000 after acquiring an additional 496,150 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Ramaco Resources by 20.1% in the fourth quarter. Geode Capital Management LLC now owns 978,950 shares of the energy company's stock valued at $17,625,000 after purchasing an additional 163,971 shares in the last quarter. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

Ramaco Resources News Roundup

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.

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