NYSE American - Delayed Quote • USD
Ring Energy, Inc. (REI)
At close: April 19 at 4:00 PM EDT
After hours: April 19 at 7:45 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 4 | 4 | 4 | 3 |
| Avg. Estimate | 0.1 | 0.1 | 0.45 | 0.49 |
| Low Estimate | 0.06 | 0.07 | 0.28 | 0.31 |
| High Estimate | 0.13 | 0.14 | 0.59 | 0.62 |
| Year Ago EPS | 0.14 | 0.14 | 0.51 | 0.45 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 4 | 4 | 4 | 3 |
| Avg. Estimate | 89.76M | 90.75M | 369.83M | 380.17M |
| Low Estimate | 83.2M | 86.3M | 343.5M | 341.5M |
| High Estimate | 94M | 96M | 388M | 400M |
| Year Ago Sales | 88.08M | -- | 361.06M | 369.83M |
| Sales Growth (year/est) | 1.90% | -- | 2.40% | 2.80% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 0.15 | 0.11 | 0.12 | 0.12 |
| EPS Actual | 0.14 | 0.14 | 0.13 | 0.11 |
| Difference | -0.01 | 0.03 | 0.01 | -0.01 |
| Surprise % | -6.70% | 27.30% | 8.30% | -8.30% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 0.1 | 0.1 | 0.45 | 0.49 |
| 7 Days Ago | 0.1 | 0.11 | 0.44 | 0.49 |
| 30 Days Ago | 0.1 | 0.11 | 0.43 | 0.47 |
| 60 Days Ago | 0.11 | 0.12 | 0.48 | 0.69 |
| 90 Days Ago | 0.14 | 0.15 | 0.58 | 0.87 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | 1 | -- | 1 | -- |
| Up Last 30 Days | 1 | -- | 3 | 1 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | REI | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | -28.60% | -- | -- | 1.60% |
| Next Qtr. | -28.60% | -- | -- | 10.50% |
| Current Year | -11.80% | -- | -- | 5.20% |
| Next Year | 8.90% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 37.00% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 15.41% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Downgrade | Roth Capital: Buy to Neutral | 8/1/2022 |
| Upgrade | Roth Capital: Neutral to Buy | 10/14/2021 |
| Downgrade | SunTrust Robinson Humphrey: Buy to Hold | 3/9/2020 |
| Downgrade | Seaport Global: Buy to Neutral | 10/2/2018 |
| Initiated | B. Riley Securities: Buy | 2/6/2018 |
| Initiated | KLR Group: Buy | 12/21/2017 |
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