Media stories about Ranger Energy Services (NYSE:RNGR) have been trending positive on Thursday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ranger Energy Services earned a media sentiment score of 0.27 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.3295087815124 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
RNGR has been the topic of several analyst reports. Zacks Investment Research lowered shares of Ranger Energy Services from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $11.00 target price (down previously from $18.00) on shares of Ranger Energy Services in a report on Tuesday, November 14th. Finally, Barclays lowered their target price on shares of 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. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Ranger Energy Services has a consensus rating of “Buy” and a consensus price target of $17.25.
Shares of Ranger Energy Services (RNGR) traded up $0.16 during trading hours on Thursday, reaching $10.24. 12,100 shares of the company’s stock were exchanged, compared to its average volume of 30,855. Ranger Energy Services has a 12-month low of $8.48 and a 12-month high of $15.70. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.04. The company has a market cap of $152.49 and a price-to-earnings ratio of -13.30.
Ranger Energy Services (NYSE:RNGR) last issued its quarterly earnings data on Thursday, November 9th. The company reported ($0.42) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.47). Ranger Energy Services had a negative return on equity of 14.10% and a negative net margin of 14.29%. The company had revenue of $41.10 million for the quarter, compared to the consensus estimate of $43.84 million. Ranger Energy Services’s quarterly revenue was up 22.0% on a year-over-year basis. analysts expect that Ranger Energy Services will post -0.39 EPS for the current year.
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About Ranger Energy Services
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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