Ranger Oil Corporation (ROCC) Forecast, Price Target & Analyst Ratings
NASDAQ:ROCC • US70788V1026
37.47 USD
-0.75 (-1.96%)
At close: Jun 16, 2023
37.72 USD
+0.25 (+0.67%)
After Hours: 6/16/2023, 8:00:02 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Ranger Oil Corporation (ROCC).
Forecast Snapshot
Consensus Price Target
$51.82
+ 38.29% Upside
Next Earnings Forecast
Release DateJul 31, 2023
PeriodQ2 / 2023
EPS Estimate$2.67
Revenue Estimate250.72M
ChartMill Buy Consensus
78.18%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$51.82
Upside
+ 38.29%
From current price of $37.47 to mean target of $51.82, Based on 11 analyst forecasts
Low
$43.43
Median
$56.10
High
$58.80
Price Target Revisions
1 Month
-1.55%
3 Months
-3.05%
Price Target Summary
11 analysts have analysed ROCC and the average price target is 51.82 USD. This implies a price increase of 38.29% is expected in the next year compared to the current price of 37.47.
The average price target has been revised downward by 3.05% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
78.18%
ROCC was analyzed by 11 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about ROCC.
In the previous month the buy percentage consensus was at a similar level.
ROCC was analyzed by 11 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-03-09 | Truist Securities | Downgrade | Buy -> Hold |
| 2022-06-13 | Truist Securities | Maintains | Buy |
| 2022-03-08 | RBC Capital | Maintains | Outperform |
| 2021-10-19 | RBC Capital | Upgrade | Sector Perform -> Outperform |
Next Earnings Forecast Details
Next Earnings Details
Release DateJul 31, 2023
PeriodQ2 / 2023
EPS Estimate$2.67
Revenue Estimate250.72M
Revenue Q2Q-20.28%
EPS Q2Q-2.12%
Number of Analysts7
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-15.65%
EPS (1 Month)
0.00%
EPS (3 Months)
-11.26%
Next Earnings Summary
ROCC is expected to report earnings on 7/31/2023. The consensus EPS estimate for the next earnings is 2.67 USD and the consensus revenue estimate is 250.72M USD.
The next earnings revenue estimate has been revised downward by 15.65% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 579.491M | 1.145B 97.62% | 1.179B 2.95% | 1.344B 13.99% | 1.562B 16.22% | ||
| EBITDA YoY % growth | N/A -22.63% | 437.059M 60.78% | 922.107M 110.98% | 883.15M -4.22% | 978.15M 10.76% | 1.097B 12.15% | |
| EBIT YoY % growth | -110K | 305.402M 277,738.18% | 677.652M 121.89% | 609.96M -9.99% | 696.66M 14.21% | 819.06M 17.57% | |
| Operating Margin | N/A | 52.70% | 59.17% | 51.74% | 51.83% | 52.44% | |
| EPS YoY % growth | 5.75 -35.83% | 4.32 -24.87% | 10.27 137.73% | 12.13 18.11% | 14.41 18.76% | 15.71 9.04% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 23 | Q3 / 23 | Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 2.67 -2.12% | 3.13 5.85% | 3.33 43.48% | 2.78 135.38% | 2.81 5.31% | 2.99 -4.70% | 3.10 -6.78% |
| Revenue Q2Q % growth | 250.72M -20.28% | 290.7M -4.72% | 303.14M 12.63% | 310.08M 20.12% | 322.73M 28.72% | 336.09M 15.61% | 344.76M 13.73% |
| EBITDA Q2Q % growth | 192.16M -38.19% | 208.65M -40.45% | 216.86M -42.96% | 218.59M 13.89% | 222.52M 15.80% | 233.6M 11.96% | 241.19M 11.22% |
| EBIT Q2Q % growth | 141.78M -31.07% | 162.18M -9.38% | 172.38M 26.97% | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
15.22%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
11.79%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
15.89%
EBIT Next 5 Year
N/A
Ranger Oil Corporation / ROCC Forecast FAQ
What is the price target for ROCC stock?
11 analysts have analysed ROCC and the average price target is 51.82 USD. This implies a price increase of 38.29% is expected in the next year compared to the current price of 37.47.
Can you provide the upcoming earnings date for Ranger Oil Corporation?
Ranger Oil Corporation (ROCC) will report earnings on 2023-07-31, after the market close.
What are the consensus estimates for Ranger Oil Corporation (ROCC) next earnings?
The consensus EPS estimate for the next earnings of Ranger Oil Corporation (ROCC) is 2.67 USD and the consensus revenue estimate is 250.72M USD.
What is the number of analysts for ROCC stock?
The number of analysts covering Ranger Oil Corporation (ROCC) is 11.