Northland Securities Comments on METC Q2 Earnings

Ramaco Resources, Inc. (NASDAQ:METC) – Equities research analysts at Northland Securities issued their Q2 2027 EPS estimates for shares of Ramaco Resources in a report issued on Wednesday, November 4th. Northland Securities analyst J. Grampp expects that the energy company will post earnings per share of $0.00 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.

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

A number of other analysts have also recently commented on the company. Zacks Research upgraded Ramaco Resources from a “strong sell” rating to a “hold” rating in a research report on Friday, October 16th. Wall Street Zen downgraded shares of Ramaco Resources from a “sell” rating to a “strong sell” rating in a report on Sunday, October 4th. B. Riley Financial cut 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 report on Wednesday. The Goldman Sachs Group reduced their price objective on shares of Ramaco Resources from $8.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday. Finally, Morgan Stanley decreased their target price on shares of Ramaco Resources from $13.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 18th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Ramaco Resources presently has an average rating of “Hold” and a consensus price target of $17.33.

Ramaco Resources Stock Performance

Ramaco Resources stock opened at $6.98 on Thursday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 3.31 and a current ratio of 4.23. Ramaco Resources has a fifty-two week low of $5.73 and a fifty-two week high of $28.67. The stock has a fifty day moving average of $9.41 and a two-hundred day moving average of $13.31. The company has a market capitalization of $442.45 million, a price-to-earnings ratio of -6.12 and a beta of 1.46.

Institutional Trading of Ramaco Resources

A number of hedge funds have recently added to or reduced their stakes in METC. State Street Corp increased its stake in shares of Ramaco Resources by 6.7% during the 2nd quarter. State Street Corp now owns 3,059,847 shares of the energy company’s stock valued at $40,482,000 after acquiring an additional 192,663 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Ramaco Resources by 38.5% in 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 during the last quarter. Assenagon Asset Management S.A. acquired a new position in Ramaco Resources during the third quarter worth approximately $3,986,000. Gratia Capital LLC acquired a new position in Ramaco Resources during the second quarter worth approximately $1,826,000. Finally, Quantbot Technologies LP raised its stake in Ramaco Resources by 54.1% during the second quarter. Quantbot Technologies LP now owns 127,404 shares of the energy company’s stock worth $1,686,000 after purchasing an additional 44,710 shares during the period. 74.49% of the stock is owned by institutional investors and hedge funds.

Ramaco Resources News Roundup

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

About Ramaco Resources

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.