Robert W. Baird Has Lowered Expectations for Ramaco Resources (NASDAQ:METC) Stock Price

Ramaco Resources (NASDAQ:METC) had its target price cut by stock analysts at Robert W. Baird from $40.00 to $30.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the energy company’s stock. Robert W. Baird’s price objective indicates a potential upside of 98.15% from the stock’s current price.

A number of other research analysts also recently weighed in on METC. Morgan Stanley initiated coverage on Ramaco Resources in a research note on Friday, December 5th. They issued an “equal weight” rating and a $17.50 price target for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Ramaco Resources in a research note on Monday, December 29th. The Goldman Sachs Group initiated coverage on shares of Ramaco Resources in a report on Wednesday, November 19th. They set a “sell” rating and a $16.00 target price on the stock. Zacks Research cut shares of Ramaco Resources from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 3rd. Finally, Jefferies Financial Group upgraded shares of Ramaco Resources from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $33.00 to $30.00 in a research note on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $32.21.

Ramaco Resources Stock Up 1.4%

Shares of METC stock opened at $15.14 on Friday. The company has a current ratio of 2.97, a quick ratio of 2.24 and a debt-to-equity ratio of 0.24. Ramaco Resources has a 1 year low of $6.30 and a 1 year high of $57.80. The firm’s fifty day moving average price is $19.11 and its two-hundred day moving average price is $24.21. The firm has a market capitalization of $999.24 million, a P/E ratio of -15.29 and a beta of 1.44.

Ramaco Resources (NASDAQ:METC) last posted its quarterly earnings data on Wednesday, February 25th. The energy company reported ($0.22) EPS for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.02. The company had revenue of $108.72 million during the quarter, compared to the consensus estimate of $143.48 million. Ramaco Resources had a negative net margin of 9.59% and a negative return on equity of 12.55%. The company’s quarterly revenue was down 25.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.02 EPS. On average, equities analysts predict that Ramaco Resources will post 0.05 EPS for the current fiscal year.

Ramaco Resources declared that its board has authorized a stock buyback plan on Tuesday, December 23rd that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the energy company to repurchase up to 9.7% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Institutional Trading of Ramaco Resources

Institutional investors and hedge funds have recently bought and sold shares of the stock. Millennium Management LLC bought a new stake in shares of Ramaco Resources in the 3rd quarter worth about $23,451,000. Vanguard Group Inc. grew its stake in Ramaco Resources by 40.0% in the third quarter. Vanguard Group Inc. now owns 2,335,257 shares of the energy company’s stock valued at $77,507,000 after purchasing an additional 667,199 shares during the last quarter. Bamco Inc. NY acquired a new stake in Ramaco Resources in the third quarter worth about $20,679,000. Merewether Investment Management LP purchased a new stake in shares of Ramaco Resources during the third quarter valued at $18,633,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Ramaco Resources by 74.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,160,898 shares of the energy company’s stock valued at $20,896,000 after acquiring an additional 496,150 shares during the period. 74.49% of the stock is currently owned by institutional investors.

Ramaco Resources News Summary

Here are the key news stories impacting Ramaco Resources this week:

• Positive Sentiment: Company action: Ramaco declared a Class B stock dividend and said it is advancing its minerals business — a corporate-development move that could support long‑term asset value and shareholder liquidity. Class B Dividend / Minerals Announcement
• Neutral Sentiment: Analyst update: Robert W. Baird trimmed its price target from $40 to $30 but kept an “outperform” rating — the PT cut reduces upside expectations but the rating and remaining PT still imply substantial potential upside from current levels. Baird Price Target Note
• Neutral Sentiment: Quarterly results: Ramaco reported Q4 EPS that beat by $0.02 but posted a large revenue miss (revenue down ~25% YoY) and remained unprofitable for the quarter — mixed operational signals (EPS beat small; top-line weakness and negative margins remain). See the earnings release and slide deck for details. Q4 Results & Slide Deck
• Neutral Sentiment: Estimate revision: Northland Securities lowered its Q3 FY2026 EPS forecast slightly (from $0.02 to $0.01), indicating modest downward revisions to near‑term profitability expectations. Northland Estimate Update
• Negative Sentiment: Legal overhang: Multiple law firms have announced a class-action filing and are soliciting lead plaintiffs for an alleged securities-fraud case covering purchases between July 31, 2025 and October 23, 2025; the lead-plaintiff deadline is March 31, 2026. These coordinated filings (Glancy, Bronstein/Gewirtz, Faruqi, Pomerantz, Rosen, etc.) create ongoing litigation risk and a headline-driven selling pressure for the stock. Glancy PR (Representative) Bronstein Notice

About Ramaco Resources

Ramaco Resources, Inc (NASDAQ:METC) is a U.S.-based producer of premium metallurgical coal and industrial minerals, focused on supplying the steel and allied industries. The company’s operations are centered in the Appalachian region of West Virginia, where it develops, mines and processes high-carbon coal products designed to meet the quality requirements of blast‐furnace and electric‐arc furnace steelmakers.

The firm’s flagship asset is the Elk Creek underground mine in Wyoming County, West Virginia, which began commercial production in 2019 and delivers a range of high‐grade metallurgical and anthracite coals.