Ranger Energy Services, Inc. Experiences Revision in Its Stock Evaluation Amid Market Dynamics

Ranger Energy Services, Inc., a microcap player in the oil industry, has recently undergone a valuation adjustment. The company's financial metrics reveal a P/E ratio of 12, alongside a price-to-book value of 1.02. Its EV to EBIT stands at 7.26, while the EV to EBITDA is reported at 3.18. The company also showcases a robust dividend yield of 142.49%, indicating a strong return on investment for shareholders.
In terms of performance, Ranger Energy's return metrics present a mixed picture. Over the past year, the stock has seen a return of -1.04%, contrasting with a 14.08% gain in the S&P 500. However, over a longer horizon, the company has achieved a notable 355.55% return over the past five years, significantly outpacing the S&P 500's 91.29% during the same period.

When compared to its peers, Ranger Energy's valuation appears more favorable than several competitors, such as ProFrac Holding Corp. and ProPetro Holding Corp., which are categorized as risky. In contrast, Oil States International, Inc. is noted for its very attractive valuation, highlighting the competitive landscape within the oil sector.