Robert W. Baird Cuts Ramaco Resources (NASDAQ:METC) Price Target to $30.00

Ramaco Resources (NASDAQ:METC) had its target price reduced by Robert W. Baird from $40.00 to $30.00 in a research report sent to investors on Friday morning,Benzinga reports. Robert W. Baird currently has an outperform rating on the energy company’s stock.

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

Ramaco Resources Stock Up 1.4%

METC stock opened at $15.14 on Friday. The stock has a market capitalization of $847.23 million, a price-to-earnings ratio of -15.29 and a beta of 1.41. The company has a 50-day moving average of $19.11 and a two-hundred day moving average of $24.20. Ramaco Resources has a 52-week low of $6.30 and a 52-week high of $57.80. The company has a debt-to-equity ratio of 0.95, a current ratio of 5.46 and a quick ratio of 4.66.

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. Ramaco Resources had a negative return on equity of 12.01% and a negative net margin of 9.59%.The business had revenue of $108.72 million for the quarter, compared to analyst estimates of $143.48 million. During the same period in the previous year, the company posted $0.02 earnings per share. The firm’s revenue for the quarter was down 25.1% on a year-over-year basis. As a group, equities research analysts anticipate that Ramaco Resources will post 0.05 EPS for the current year.

Ramaco Resources announced that its board has authorized a share buyback plan on Tuesday, December 23rd that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the energy company to buy up to 9.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On Ramaco Resources

A number of institutional investors have recently added to or reduced their stakes in METC. Millennium Management LLC acquired a new position in shares of Ramaco Resources in the 3rd quarter worth approximately $23,451,000. Vanguard Group Inc. grew its position 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 acquiring an additional 667,199 shares during the period. Bamco Inc. NY bought a new stake in Ramaco Resources in the third quarter valued at $20,679,000. Merewether Investment Management LP acquired a new position in Ramaco Resources during the third quarter worth $18,633,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Ramaco Resources by 74.6% during the fourth 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 owned by institutional investors and hedge funds.

Key Stories Impacting Ramaco Resources

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

Ramaco Resources Company Profile

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.