Headlines about Ranger Energy Services (NYSE:RNGR) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ranger Energy Services earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.0015083997432 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern’s rankings:
- $0.02 EPS Expected for Ranger Energy Services Inc (RNGR) This Quarter (americanbankingnews.com)
- Ranger Energy Services (RNGR) Upgraded to “Hold” by Zacks Investment Research (americanbankingnews.com)
- Ranger Energy Services (RNGR) versus Its Rivals Financial Contrast (americanbankingnews.com)
- Ranger Energy Services (RNGR) vs. Its Competitors Critical Review (americanbankingnews.com)
- Comparing Schlumberger (SLB) & Ranger Energy Services (RNGR) (americanbankingnews.com)
Ranger Energy Services (NYSE RNGR) traded up $0.13 during trading hours on Friday, hitting $10.27. The company’s stock had a trading volume of 24,398 shares, compared to its average volume of 47,520. Ranger Energy Services has a 1 year low of $8.48 and a 1 year high of $15.70. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.26 and a current ratio of 1.26.
Ranger Energy Services (NYSE:RNGR) last announced its quarterly earnings data on Thursday, November 9th. The company reported ($0.42) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.05 by ($0.47). The firm had revenue of $41.10 million for the quarter, compared to analysts’ expectations of $43.84 million. Ranger Energy Services had a negative net margin of 14.29% and a negative return on equity of 14.10%. Ranger Energy Services’s revenue for the quarter was up 22.0% on a year-over-year basis. research analysts expect that Ranger Energy Services will post -0.39 earnings per share for the current fiscal year.
Several analysts have weighed in on the company. Credit Suisse Group reaffirmed an “outperform” rating and issued a $11.00 price target (down previously from $18.00) on shares of Ranger Energy Services in a report on Tuesday, November 14th. Barclays lowered their price target on Ranger Energy Services from $16.00 to $12.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 14th. Finally, Zacks Investment Research cut Ranger Energy Services from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $17.25.
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Ranger Energy Services Company Profile
Ranger Energy Services, Inc is an independent provider of high-specification (high-spec) well service rigs and associated services in the United States. The Company focuses on unconventional horizontal well completion and production operations. The Company operates through Well Services and Processing Solutions segment.
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