Ranger Stock Story

RNGR
 Stock
  

USD 8.98  0.02  0.22%   

Ranger Energy Net Current Assets as percentage of Total Assets are relatively stable at the moment as compared to the past year. Ranger Energy reported last year Net Current Assets as percentage of Total Assets of 1.41. As of 08/01/2022, Current Ratio is likely to grow to 1.34, while PPandE Turnover is likely to drop 1.21. Ranger Energy Services is scheduled to announce its earnings today. Many investors are getting excited about energy space, let's analyze if Ranger Energy Services fundamentals are strong enough to attract traders. We will evaluate why we are still confident in anticipation of a recovery. Will retail investors continue to hold, or should we expect a sell-off?
Published over a week ago
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Our trade recommendation on Ranger Energy (NYSE:RNGR) based on the latest fundamentals

Ranger Energy is UNDERVALUED at 9.66 per share with modest projections ahead.
Ranger Energy Services maintains Sharpe Ratio (i.e., Efficiency) of -0.0402, which implies the firm had -0.0402% of return per unit of risk over the last 3 months. Macroaxis standpoint towards forecasting the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Ranger Energy Services exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check Ranger Energy Services Risk Adjusted Performance of 0.0206, semi deviation of 2.14, and Coefficient Of Variation of 8203.87 to confirm the risk estimate we provide.
Typically, a company's financial statements are the reports that show the financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Ranger Energy income statement, its balance sheet, and the statement of cash flows. Potential Ranger Energy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Ranger Energy investors may use each financial statement separately, they are all related. The changes in Ranger Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Ranger Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
The goal of Ranger Energy fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Ranger Energy performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Ranger Energy shares is the value that is considered the true value of the share. If the intrinsic value of Ranger is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Ranger Energy.
Please read more on our fundamental analysis page.

Are Ranger Energy Earnings Expected to grow?

The future earnings power of Ranger Energy involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Ranger Energy factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Ranger Energy stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Ranger expected earnings.

How does Ranger utilize its cash?

To perform a cash flow analysis of Ranger Energy, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Ranger Energy is receiving and how much cash it distributes out in a given period. The Ranger Energy cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Ranger Energy Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Ranger Energy reported last year Net Cash Flow from Operations of 46.71 Million

What is driving Ranger Energy Investor Appetite?

Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Ranger Energy is not uncomon. There are few distinct groups of Ranger Energy stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Ranger is distributed among investors.

Ownership Allocation

Ranger Energy Services has a total of 24.97 Million outstanding shares. Over half of Ranger Energy Services outstanding shares are owned by third-party entities. These third-party entities are typically referred to corporate investors that secure positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Ranger Energy. Please watch out for any change in the institutional holdings of Ranger Energy Services as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.


Retail Investors
10.25%
Insiders
21.34%
Institutions
68.41%
Retail Investors10.25
Insiders21.34
Institutions68.41
 2018 2019 2021 2022 (projected)
Weighted Average Shares8.43 M8.63 M7.77 M7.49 M
Revenues303.1 M336.9 M303.21 M327.15 M

Ranger Energy price fall is deceptive

Latest expected short fall is at -1.59. Ranger Energy Services currently demonstrates below-average downside deviation. It has Information Ratio of 0.02 and Jensen Alpha of 0.02. However, we advise investors to further question Ranger Energy Services expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ranger Energy's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ranger Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Ranger Energy Implied Volatility

Ranger Energy's implied volatility exposes the market's sentiment of Ranger Energy Services stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ranger Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ranger Energy stock will not fluctuate a lot when Ranger Energy's options are near their expiration.

Our Final Take On Ranger Energy

While other companies in the oil & gas equipment & services industry are either recovering or due for a correction, Ranger may not be as strong as the others in terms of longer-term growth potentials. Taking everything into account, as of the 1st of August 2022, our present 90 days buy vs. sell advice on the enterprise is Hold. We believe Ranger Energy is undervalued with below average chance of distress for the next two years.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Ranger Energy Services. Please refer to our Terms of Use for any information regarding our disclosure principles.

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