Ranger Energy Services - RNGR Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ranger Energy Services in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" RNGR shares.
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2 equities research analysts have issued 1-year target prices for Ranger Energy Services' stock. Their RNGR share price forecasts range from $12.00 to $14.00. On average, they expect the company's share price to reach $13.33 in the next twelve months. This suggests a possible upside of 36.3% from the stock's current price.
View analysts price targets for RNGR or view top-rated stocks among Wall Street analysts.

Ranger Energy Services' stock was trading at $10.27 at the beginning of 2022. Since then, RNGR shares have decreased by 4.8% and is now trading at $9.78.
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Ranger Energy Services saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 71,000 shares, a decline of 14.6% from the August 31st total of 83,100 shares. Based on an average daily volume of 20,000 shares, the short-interest ratio is presently 3.6 days. Currently, 0.8% of the company's shares are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our RNGR earnings forecast.

Ranger Energy Services, Inc. (NYSE:RNGR) issued its quarterly earnings data on Monday, August, 1st. The company reported ($0.04) earnings per share for the quarter. The company had revenue of $153.60 million for the quarter. Ranger Energy Services had a negative trailing twelve-month return on equity of 7.78% and a net margin of 2.63%. During the same quarter last year, the firm earned ($0.59) EPS.

Based on aggregate information from My MarketBeat watchlists, some companies that other Ranger Energy Services investors own include Hawkins (HWKN), Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), CA (CA), Bank of America (BAC), BlackRock (BLK), Genocea Biosciences (GNCA), Transocean (RIG) and Chipotle Mexican Grill (CMG).

(RNGR) raised $85 million in an initial public offering (IPO) on Friday, August 11th 2017. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Credit Suisse, Simmons & Company International (Energy Specialists of Piper Jaffray) and Wells Fargo Securities acted as the underwriters for the IPO and Barclays, Evercore ISI, Capital One Securities, Johnson Rice & Company, Raymond James and Scotia Howard Weil were co-managers.

Ranger Energy Services trades on the New York Stock Exchange (NYSE) under the ticker symbol "RNGR."

Shares of RNGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of RNGR stock can currently be purchased for approximately $9.78.

Ranger Energy Services (NYSE:RNGR) has a market capitalization of $242.74 million and generates $293.10 million in revenue each year. The company earns $8.60 million in net income (profit) each year or $0.15 on an earnings per share basis.

The company employs 1,915 workers across the globe.

Ranger Energy Services' mailing address is 800 GESSNER SUITE 1000, HOUSTON TX, 77024. The official website for the company is www.rangerenergy.com. The company can be reached via phone at (713) 895-8900 or via email at brandon.blossman@rangerenergy.com.