RAMACO RESOURCS (METC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco Resources" or the "Company") today reported annual net income of $24.9 million, or $0.61 per diluted share for the year ended December 31, 2019, as compared to $25.1 million or $0.62 per diluted share for 2018. The Company's adjusted earnings before interest, taxes, depreciation, amortization and equity-based compensation expenses ("Adjusted EBITDA") was $55.4 million for the year ended December 31, 2019, as compared with $42.2 million in 2018.
Today we'll evaluate Ramaco Resources, Inc. (NASDAQ:METC) to determine whether it could have potential as an...
Ramaco Resources, Inc. (NASDAQ: METC) will report first quarter 2020 financial results on Tuesday, May 12, 2020 after the close of the market. The earnings news release will be available on the Company's investor relations website at www.ramacoresources.com and through major financial information sites.
RAMACO RESOURCS (METC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ramaco Resources, Inc. (NASDAQ:METC) just released its latest full-year report and things are not looking great. It...
For investors willing to shoulder additional risk, these may be the best of times for buying stocks. Writing at Morgan Stanley, Michael Wilson, the firm’s head of US equity strategy, firmly believes that the signs are bullish, and that current conditions in the markets closely resemble those of March 2009. That was when market turned upwards after the 2008 financial crisis, beginning the longest bull run in history.Wilson wrote, “A significant driver of our bullish call … was based on the equity-risk premium reaching the same levels observed in March 2009. If there’s one thing we’ve learned over the past 10 years, it’s that when risk premium appears you need to grab it before it disappears.”Investors can maximize that premium by finding stocks with the lowest share price and the highest upside potential – in short, by buying into high-rated penny stocks. These equities, typically trading for under $5 per share, offer a minimal cost of entry – and can sometimes show triple digit upside potential. We’ve used the TipRanks database to pull up the details on three such opportunities. All three have received enough support from Wall Street analysts to earn a “Strong Buy” consensus rating. Not to mention each boasts substantial upside potential of over 100%.Organogenesis Holdings (ORGO)Organogenesis’ subsidiaries operate in the world of medical tech, developing new technologies in two markets: wound care, and surgical and sports medicine.Despite a sharp increase in earnings losses during the first quarter, Organogenesis had good news to report. Top-line revenue came in at $61.7 million, modestly beating the forecast but growing 8% year-over-year. Revenues grew substantially in both the wound care and surgical and sports medicine segments. The company finished the quarter with $46.9 million in cash on hand.Organogenesis returned to public trading at the beginning of last year, after 16 years as a private company. Like many high-tech medical companies, it has not yet turned a profit – but it does have exciting prospects for successful products in potentially lucrative sales fields.This potential lies behind 5-star analyst Richard Newitter’s comments. In his report for Leerink, Newitter writes, “As a relatively new public company, we believe ORGO has yet to be fully “discovered” by investors with a below-peer valuation that in our view is highly dislocated from the company’s longer-term sales growth prospects, healthy end-markets, and a scalable long term 70%+ GM business. Ultimately, as investors increasingly come to appreciate ORGO’s potential for sustainable DD top-line growth & increased profitability prospects into the out-years, we think the multiple will expand driving shares higher.”In line with his upbeat outlook, Newitter rates ORGO shares a Buy, and his $7 price target implies a 112% upside potential. In short, the analyst believes that now is the time for investors to get in at the ground level. (To watch Newitter’s track record, click here)All in all, Wall Street analysts are unanimous in their endorsement of the shares. Organogenesis stock has been endorsed with "buy" ratings by all four of the analysts who have voiced an opinion over the past year. Meanwhile, the consensus estimate of analysts is that ORGO, currently trading at $3.33, should rise over 120% to hit $7.50 within a year. (See Organogenesis stock analysis on TipRanks)Usio, Inc. (USIO)Next up on our list is a tech company, Usio. This company provides payment solutions for merchants and billers, offering credit, debit, and prepaid card processing, and automated clearing house payment platforms. Usio aims to combine card issuing and merchant payment processing options into a ‘one stop shop’ platform.A small-cap company, with a market capitalization of just $32 million, Usio is nevertheless in a strong position despite the coronavirus market disruptions. While markets have lost heavily in the current bear cycle – even accounting for the rally we’re experiencing – USIO shares have outperformed and are trading above their late-February levels. The company reported an 18% growth in revenues for Q1 2020, to $7.8 million, along with steady progress towards break-even cash flow. Usio ended the quarter with $1.7 million in cash on hand. These positive results came despite a net loss in Q1 – but it is important to note that Usio’s Q1 losses were 50% lower than in Q4, and beat the quarterly expectation by 14%.Usio has also been able to take advantage of Congressional stimulus funds. The company qualified for a CARES Act loan of $814,000. The loan comes with generous repayment terms, and provides Usio with needed liquidity to meet the coronavirus crisis.Ladenburg Thalmann analyst Jon Hickman sees a clear path forward for Usio, writing, “…we believe Usio's current market valuation is not reflective of the value of the company’s growing presence in the digital payments space. Given the expected increasing revenue growth and future earnings potential, we believe the company should be valued more in line with its current and potential earnings growth.”Hickman’s Buy rating is bolstered by his $4.50 price target, which indicates confidence in a robust 142% one-year upside potential. (To watch Hickman’s track record, click here)USIO shares have a Strong Buy analyst consensus rating, and it is unanimous. All three of the analysts who have reviewed this stock recently have come down with Buy recommendations. The shares are selling for just $1.75, and the average price target matches Hickman’s $4.50. The upside potential, 142%, implies that this stock will more than double in the coming year. (See Usio analyst ratings on TipRanks)Ramaco Resources (METC)The last stock on our list is Ramaco, a coal mining company operating in Pennsylvania, Virginia, and West Virginia. The company focuses its output on metallurgical coal, a grade used to produce the refined coke that is required in the steel industry.Even with economic activity greatly reduced in Q1 by the responses to the coronavirus crisis, Ramaco reported a quarterly profit. The 5-cent EPS came in 67% over the forecast. Earnings weren’t the only positive in the Q1 report. Revenue came in at $41.9 million, or 2.5% over the estimates.Ramaco’s main sales theater is the eastern US – but demand there has collapsed due to the economic shutdowns. The company has countered this by turning to foreign customers and accepting aid through the Congressionally passed Paycheck Protection Program. The $8.4 million PPP loan has shored up the company’s liquidity position, and allowed it to resume operations at two mines which were idled on April 1.Lucas Pipes, covering the industry and Ramaco stock for B Riley FBR, notes, “…management pointed to a number of marketing successes in the first quarter, including renewing a relationship with a major European customer, their first test shipment to Asia, and a notice that their product was approved for purchase by major integrated steel mills in Brazil [...] While we currently see investors focus on liquidity, then capital returns, and growth opportunities last, we regard these growth projects as long-term options when market conditions improve.”These successes put Ramaco in a solid position to move forward, and Pipes rates the stock a Buy. His price target, at $8, implies a sky-high 221% upside potential this year. (To watch Pipes’ track record, click here)It’s not often that the analysts all agree on a stock, so when it does happen, take note. Ramaco’s Strong Buy consensus rating is based on a unanimous 4 Buys. The stock’s $5.25 average price target suggests a potential upside of 103% and a change from the current share price of $2.56. (See Ramaco stock analysis on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
Unfortunately for some shareholders, the Ramaco Resources (NASDAQ:METC) share price has dived 34% in the last thirty...
- Ramaco's strong balance sheet, low liabilities, and low-cost mine profile position us well to withstand and opportunistically take advantage of current market weakness. Our strategy of prudent production ...
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco" or the "Company") today announced the appointment of Jason T. Fannin as Senior Vice President and Chief Marketing Officer. Mr. Fannin will oversee the Company's domestic and international sales and marketing operations from its Lexington, Kentucky office, with particular focus on increasing Ramaco's participation within the South American, European and Asian markets while continuing to grow its presence within the North American market.
If you're interested in Ramaco Resources, Inc. (NASDAQ:METC), then you might want to consider its beta (a measure of...
Ramaco Resources, Inc. (NASDAQ: METC) has announced that it is receiving multiple awards for safety and operations from the West Virginia Office of Miners' Health, Safety and Training, as well as the Virginia Coal and Energy Alliance.
Those holding Ramaco Resources (NASDAQ:METC) shares must be pleased that the share price has rebounded 13% in the last...
Ramaco Resources, Inc. (NASDAQ: METC) will report fourth quarter 2019 financial results on Thursday, February 20, 2020 after the close of the market. The earnings news release will be available on the Company's investor relations website at www.ramacoresources.com and through major financial information sites.
RAMACO RESOURCS (METC) delivered earnings and revenue surprises of 66.67% and 2.56%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
RAMACO RESOURCS (METC) delivered earnings and revenue surprises of -51.72% and -9.84%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco Resources" or the "Company") today reported quarterly net income of $2.0 million, or $0.05 per diluted share for the three months ended March 31, 2020, as compared to $6.9 million or $0.17 per diluted share for the three months ended March 31, 2019. The Company's adjusted earnings before interest, taxes, depreciation, amortization and equity-based compensation expenses ("Adjusted EBITDA") was $8.4 million for the three months ended March 31, 2020, as compared with $13.7 million for the three months ended March 31, 2019. For reference, the average sales price of coal that Ramaco has contracted for thus far in 2020 is close to $93.50 per ton, roughly 17% less as compared to the $113 per ton average fixed price contract in 2019.
In 2015, Michael Bauersachs was appointed CEO of Ramaco Resources, Inc. (NASDAQ:METC). This analysis aims first to...
Based on the fact that hedge funds have collectively under-performed the market for several years, it would be easy to assume that their stock picks simply aren't very good. However, our research shows this not to be the case. In fact, when it comes to their very top picks collectively, they show a strong ability […]