Ranger Energy Services Inc (RNGR, Financial) is set to release its Q4 2024 earnings on Mar 3, 2025. The consensus estimate for Q4 2024 revenue is $142.60 million, and the earnings are expected to come in at $0.18 per share. The full year 2024's revenue is expected to be $558.40 million and the earnings are expected to be $0.80 per share. More detailed estimate data can be found on the Forecast page.
Ranger Energy Services Inc (RNGR, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Ranger Energy Services Inc (RNGR) have remained stable at $558.40 million for the full year 2024 and $625.00 million for 2025. Similarly, earnings estimates have remained stable at $0.80 per share for the full year 2024 and $0.86 per share for 2025.
Ranger Energy Services Inc (RNGR, Financial) Reported History
In the previous quarter ending on September 30, 2024, Ranger Energy Services Inc's (RNGR) actual revenue was $153.00 million, which exceeded analysts' revenue expectations of $140.90 million by 8.59%. Ranger Energy Services Inc's (RNGR) actual earnings were $0.39 per share, surpassing analysts' earnings expectations of $0.22 per share by 77.27%. After releasing the results, Ranger Energy Services Inc (RNGR) saw an increase of 2.43% in one day.
Ranger Energy Services Inc (RNGR, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 2 analysts, the average target price for Ranger Energy Services Inc (RNGR) is $16.25, with a high estimate of $20.00 and a low estimate of $12.50. The average target implies a downside of -1.40% from the current price of $16.48.
Based on GuruFocus estimates, the estimated GF Value for Ranger Energy Services Inc (RNGR, Financial) in one year is $0, suggesting a downside of -100% from the current price of $16.48.
Based on the consensus recommendation from 2 brokerage firms, Ranger Energy Services Inc's (RNGR, Financial) average brokerage recommendation is currently 2.5, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
