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The closing price of Ramaco Resources Inc (NASDAQ: METC) was $9.62 for the day, up 8.58% from the previous closing price of $8.86. In other words, the price has increased by $8.58 from its previous closing price. On the day, 1.26 million shares were traded. METC stock price reached its highest trading level at $9.71 during the session, while it also had its lowest trading level at $8.78.
Ratios:
Our analysis of METC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on January 16, 2024, initiated with a Neutral rating and assigned the stock a target price of $21.
On June 07, 2022, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $16 to $25.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 29 ’24 when Jenkins Evan H bought 7,158 shares for $13.97 per share. The transaction valued at 99,997 led to the insider holds 23,480 shares of the business.
Jenkins Evan H bought 1,769 shares of METC for $25,000 on May 24 ’24. The GENERAL COUNSEL now owns 16,321 shares after completing the transaction at $14.13 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, METC now has a Market Capitalization of 497473280 and an Enterprise Value of 576602560. As of this moment, Ramaco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.94, and their Forward P/E ratio for the next fiscal year is 5.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 0.865 whereas that against EBITDA is 6.888.
Stock Price History:
The Beta on a monthly basis for METC is 1.12, which has changed by -0.4146033 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, METC has reached a high of $17.20, while it has fallen to a 52-week low of $8.17. The 50-Day Moving Average of the stock is 0.86%, while the 200-Day Moving Average is calculated to be -14.28%.
Shares Statistics:
METC traded an average of 578.11K shares per day over the past three months and 1083600 shares per day over the past ten days. A total of 43.80M shares are outstanding, with a floating share count of 26.96M. Insiders hold about 48.88% of the company’s shares, while institutions hold 37.69% stake in the company. Shares short for METC as of 1740700800 were 4002443 with a Short Ratio of 6.92, compared to 1738281600 on 3465875. Therefore, it implies a Short% of Shares Outstanding of 4002443 and a Short% of Float of 15.24.
Dividends & Splits
With its trailing 12-month dividend rate of 0.55, METC has a forward annual dividend rate of 0.41. Against a Trailing Annual Dividend Yield of 0.062076755The current Payout Ratio is 58.70% for METC, which recently paid a dividend on 2024-08-30 with an ex-dividend date of 1740700800. Stock splits for the company last occurred on 2025-02-28 when the company split stock in a 1014:1000 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 2.0 analysts. The consensus estimate for the next quarter is $0.04, with high estimates of $0.1 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.39 and $0.1 for the fiscal current year, implying an average EPS of $0.25. EPS for the following year is $1.34, with 2.0 analysts recommending between $1.42 and $1.26.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $140.3M to a low estimate of $133.9M. As of the current estimate, Ramaco Resources Inc’s year-ago sales were $172.68MFor the next quarter, 2 analysts are estimating revenue of $185.36M. There is a high estimate of $195.22M for the next quarter, whereas the lowest estimate is $175.5M.
A total of 2 analysts have provided revenue estimates for METC’s current fiscal year. The highest revenue estimate was $773.81M, while the lowest revenue estimate was $698M, resulting in an average revenue estimate of $735.9M. In the same quarter a year ago, actual revenue was $666.29MBased on 2 analysts’ estimates, the company’s revenue will be $865.15M in the next fiscal year. The high estimate is $903.19M and the low estimate is $827.1M.
