Ranger Energy Services Inc (NASDAQ:RNGR) – Capital One Financial Corporation issued their Q3 2017 EPS estimates for Ranger Energy Services in a research note issued on Tuesday. Capital One Financial Corporation analyst L. Lemoine forecasts that the company will post earnings per share of $0.13 for the quarter. Capital One Financial Corporation currently has a “Overweight” rating and a $17.00 price target on the stock. Capital One Financial Corporation also issued estimates for Ranger Energy Services’ Q4 2017 earnings at $0.34 EPS, FY2017 earnings at $0.18 EPS, Q1 2018 earnings at $0.31 EPS, Q2 2018 earnings at $0.45 EPS, Q3 2018 earnings at $0.51 EPS, Q4 2018 earnings at $0.48 EPS, FY2018 earnings at $1.75 EPS and FY2019 earnings at $1.98 EPS.

Several other equities analysts have also commented on the company. Credit Suisse Group initiated coverage on Ranger Energy Services in a report on Tuesday, September 5th. They set an “outperform” rating and a $19.00 target price for the company. Scotiabank reaffirmed a “sector perform” rating and set a $21.00 target price on shares of Ranger Energy Services in a report on Tuesday, September 5th. Wells Fargo & Company initiated coverage on Ranger Energy Services in a report on Wednesday, September 6th. They set an “outperform” rating and a $18.00 target price for the company. Howard Weil initiated coverage on Ranger Energy Services in a report on Tuesday, September 5th. They set a “sector perform” rating and a $21.00 target price for the company. Finally, Evercore ISI initiated coverage on Ranger Energy Services in a report on Tuesday, September 5th. They set an “outperform” rating and a $20.00 target price for the company. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $18.75.

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Ranger Energy Services (NASDAQ:RNGR) opened at 14.36 on Thursday. The firm has a 50 day moving average price of $13.82 and a 200 day moving average price of $13.82. Ranger Energy Services has a 52 week low of $13.50 and a 52 week high of $15.17. The stock’s market capitalization is $120.81 million.

In other Ranger Energy Services news, major shareholder Energy Opportunity Gp I. L. Csl acquired 612,069 shares of the firm’s stock in a transaction that occurred on Wednesday, August 16th. The stock was acquired at an average cost of $14.50 per share, with a total value of $8,875,000.50. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Merrill A. Miller, Jr. purchased 6,896 shares of the firm’s stock in a transaction on Wednesday, August 16th. The shares were purchased at an average cost of $14.50 per share, with a total value of $99,992.00. Following the completion of the purchase, the director now owns 6,896 shares in the company, valued at approximately $99,992. The disclosure for this purchase can be found here. Insiders purchased a total of 620,005 shares of company stock valued at $8,990,073 over the last three months.

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.

Earnings History and Estimates for Ranger Energy Services (NASDAQ:RNGR)

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