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How to Buy Ranger Energy Services Stock

Ranger Energy Services Inc

Ranger Energy Services is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker RNGR on the NYSE exchange.

Ranger Energy Services stock last closed at $11.52, down 1.79% from the previous day, and has increased 6.86% in one year. It has overperformed other stocks in the Oil & Gas Equipment & Services industry by 0.14 percentage points. Ranger Energy Services stock is currently +35.53% from its 52-week low of $8.50, and -7.91% from its 52-week high of $12.51.

As of May 26, 2023, there are 24.88M shares of RNGR outstanding. The market value of RNGR is $286.60M. In the past 24 hours, 85,943 RNGR shares were traded.

How to Buy Ranger Energy Services Stock

Wondering how to invest in Ranger Energy Services stock? Here's how.
  1. Figure out where to buy Ranger Energy Services stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy Ranger Energy Services stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your brokerage account: Select your method of payment and add your information.
  4. Research Ranger Energy Services stock: The Ranger Energy Services ticker symbol is RNGR. Is Ranger Energy Services stock a good investment? Should you buy shares of RNGR? How do RNGR's underlying business fundamentals look? Do top analysts think Ranger Energy Services is a good buy? Why has RNGR's stock price moved recently? (Hint: Our stock research tools can help you decide if RNGR is a good stock to buy).
  5. Make your RNGR buy order: Decide if you will purchase RNGR shares at the current market price or use a limit order to purchase RNGR shares at a specific price.
  6. Get notifications regarding your RNGR investment: Create a watchlist to keep track of your investment in Ranger Energy Services stock.

Step 1: Figure out where to buy Ranger Energy Services stock

You will need an online brokerage account in order to access the NYSE market and buy RNGR shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal details so you are able to buy RNGR stock today.

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Step 3: Fund your brokerage account

Now that you've opened your account on one of the most highly reviewed stock market apps, your next step is to transfer the money for your investment:

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Step 4: Research Ranger Energy Services stock

Once you have decided on the best place to buy Ranger Energy Services stock, it's important to analyze their stock before you buy, so you can understand the risk as well as the opportunity.

Ranger Energy Services shares quick numbers

RNGR Price
$11.52
1w %
-5.73%
1y %
6.86%
5y %
25.49%
P/E
10.47x
P/B
1.05x
P/S
0.45x
PEG
0.72x
Revenue
$642.40M
Earnings
$27.00M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$286.60M
Next Earnings
N/A
Next Dividend
N/A

RNGR Zen Score

WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on RNGR's stock page.

Is RNGR stock properly valued?

Investors use many financial metrics, analyses, models, and charts to gauge RNGR's true value.

Using relative valuations ratios:

  • RNGR could be undervalued based on its P/E ratio of 10.47x, relative to Oil & Gas Equipment & Services industry P/E ratio of -100.72x
  • RNGR could be undervalued based on its P/B ratio of 1.05x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.44x
  • RNGR may be undervalued based on its PEG ratio of 0.72x

You can do more valuation research on RNGR's stock here.

Is RNGR a healthy company?

Positive Health Checks:

  • Total RNGR debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the RNGR balance sheet.
  • RNGR profit margin has gone up from 2% to 4.2% in the past year.
  • RNGR has a low debt to equity ratio of 0.38.
  • RNGR earnings of $37.70M is not sufficient to cover its interest payments.
  • RNGR's operating cash flow of $74.00M allows it to safely service it's debt of $36.70M.
  • There are more short-term assets than short-term liabilities on the RNGR balance sheet.

Is it a good time to buy Ranger Energy Services stock, according to Wall Street analysts?

Out of 1 Wall Street analysts who give recommendations on RNGR, the consensus analyst rating on Ranger Energy Services is a Hold

Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.

Most Recent RNGR Analyst Recommendations

Derek Podhaizer, a bottom 21% analyst from Barclays downgrades RNGR to a hold rating and announces their RNGR price target of $14.00, on Jan 10, 2023.

You can dive deeper into what analysts are forecasting on the Ranger Energy Services stock forecast page.

Metrics for Advanced RNGR Traders

SMA10
11.89
SMA20
11.55
SMA50
11.05
SMA100
11.09
SMA200
10.62
MACD
0.23
MACD Signal
0.23
MACD Histogram
0
RSI
49.75
Stochastic %K
53.56
Stochastic %D
69.02
StochRSI %K
32.99
StochRSI %D
64.23

RNGR Revenue

Last year, RNGR earnings were $27.00M. In the past four year, RNGR's earnings have increased by 20.03% per year. This was faster than the Oil & Gas Equipment & Services industry average of 8.21%.

Last year, RNGR revenue was $642.40M. In the past 5 year, RNGR's revenue has increased by 27.91% per year. This was faster than the Oil & Gas Equipment & Services industry average of 5.15%.

Dig into RNGR's earnings and revenue performance here.

Are RNGR insiders buying or selling the stock?

Over the last 12 months, insiders at RNGR have bought more shares than they have sold.

J. Matt Hooker, SVP - Well Services of RNGR, was the latest RNGR insider to sell. They sold $51,187.84 worth of RNGR shares on Mar 28, 2023.

Get more info about who owns RNGR shares here.

Can I rely on RNGR as an income stream?

No, Ranger Energy Services doesn't provide an income stream by paying out dividends.

RNGR Social Trading Data

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your RNGR buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price limit, use a limit order.

Click the Open button and eToro will place the order.

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Step 6: Get notifications regarding your RNGR investment

Now that you own some shares in RNGR, you'll want to keep up with your stock purchase.

Create a watchlist to monitor your RNGR stock.

RNGR Feed

How to Buy Stock in Ranger Energy Services

To summarize, here are the 6 steps to buy Ranger Energy Services stock:

  1. Figure out where to buy Ranger Energy Services stock
  2. Open a brokerage account
  3. Fund your brokerage account
  4. Research Ranger Energy Services stock
  5. Make your RNGR buy order
  6. Get notifications regarding your RNGR investment

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If you would like to watch your investment in Ranger Energy Services, create a watchlist today.

NYSE: RNGR
$11.52-0.21 (-1.79%)
Updated May 26, 2023
Open eToro Account
NYSE: RNGR
$11.52-0.21 (-1.79%)
Updated May 26, 2023
Open eToro Account

FAQ

How much does it cost to buy one Ranger Energy Services share?

As of May 26, 2023, it costs $11.52 to buy one share of Ranger Energy Services stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.434 shares of RNGR.

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Is now a good time to buy Ranger Energy Services stock?

According to 1 Wall Street analysts who monitor Ranger Energy Services, their consensus recommendation is to hold Ranger Energy Services stock.

What is the best way to buy Ranger Energy Services stock?

One way to place an order for Ranger Energy Services stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.