Is Ring Energy Stock a Good Investment?
Ring Energy Investment Advice | REI |
- Examine Ring Energy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ring Energy's leadership team and their track record. Good management can help Ring Energy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact Ring Energy's business and its evolving consumer preferences.
- Compare Ring Energy's performance and market position to its competitors. Analyze how Ring Energy is positioned in terms of product offerings, innovation, and market share.
- Check if Ring Energy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ring Energy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ring Energy stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ring Energy is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Ring Energy Stock
Researching Ring Energy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 12.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.35. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Ring Energy has Price/Earnings To Growth (PEG) ratio of 1.82. The entity had not issued any dividends in recent years. The firm had 1:18 split on the 2nd of June 2008.
To determine if Ring Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ring Energy's research are outlined below:
| Ring Energy generated a negative expected return over the last 90 days | |
| Ring Energy may become a speculative penny stock | |
| Ring Energy has high historical volatility and very poor performance | |
| Ring Energy has 430.02 M in debt with debt to equity (D/E) ratio of 0.76, which is OK given its current industry classification. Ring Energy has a current ratio of 0.47, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ring to invest in growth at high rates of return. | |
| About 12.0% of Ring Energy outstanding shares are owned by corporate insiders | |
| Latest headline from zacks.com: Amplify Energy Down 8 percent Since Q3 What to Do With the Stock |
Ring Energy Quarterly Cost Of Revenue |
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Ring Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ring Energy. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ring Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of March 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Ring Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Ring Energy's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-11-06 | 2024-09-30 | 0.08 | 0.07 | -0.01 | 12 | ||
2021-08-09 | 2021-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2020-05-11 | 2020-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2017-08-08 | 2017-06-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2014-05-08 | 2014-03-31 | 0.06 | 0.05 | -0.01 | 16 | ||
2013-11-07 | 2013-09-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2016-08-08 | 2016-06-30 | -0.02 | -0.001 | 0.019 | 95 | ||
2021-11-09 | 2021-09-30 | 0.09 | 0.07 | -0.02 | 22 |
Ring Energy's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 297.29 M.Market Cap |
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Ring Energy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.12 | 0.12 | |
| Return On Assets | 0.08 | 0.08 | |
| Return On Equity | 0.13 | 0.14 |
Determining Ring Energy's profitability involves analyzing its financial statements and using various financial metrics to determine if Ring Energy is a good buy. For example, gross profit margin measures Ring Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ring Energy's profitability and make more informed investment decisions.
Evaluate Ring Energy's management efficiency
Ring Energy has Return on Asset of 0.0829 % which means that on every $100 spent on assets, it made $0.0829 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1422 %, implying that it generated $0.1422 on every 100 dollars invested. Ring Energy's management efficiency ratios could be used to measure how well Ring Energy manages its routine affairs as well as how well it operates its assets and liabilities. The Ring Energy's current Return On Tangible Assets is estimated to increase to 0.08. The Ring Energy's current Return On Capital Employed is estimated to increase to 0.12. As of now, Ring Energy's Non Currrent Assets Other are decreasing as compared to previous years. The Ring Energy's current Net Tangible Assets is estimated to increase to about 798.3 M, while Other Current Assets are projected to decrease to under 7.7 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.13 | 3.16 | |
| Tangible Book Value Per Share | 4.13 | 3.16 | |
| Enterprise Value Over EBITDA | 2.96 | 3.11 | |
| Price Book Value Ratio | 0.35 | 0.34 | |
| Enterprise Value Multiple | 2.96 | 3.11 | |
| Price Fair Value | 0.35 | 0.34 | |
| Enterprise Value | 708 M | 743.4 M |
Ring Energy benefits from a proactive management team that anticipates market trends. Our analysis delves into how this proactive stance influences financial metrics and stock valuation.
Beta 1.635 |
Basic technical analysis of Ring Stock
As of the 29th of November, Ring Energy holds the Variance of 10.5, coefficient of variation of (1,262), and Risk Adjusted Performance of (0.05). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Ring Energy, as well as the relationship between them.Ring Energy's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ring Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ring Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ring Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Ring Energy's Outstanding Corporate Bonds
Ring Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ring Energy uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ring bonds can be classified according to their maturity, which is the date when Ring Energy has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Ring Energy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ring Energy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 2.47 | |||
| Coefficient Of Variation | (1,262) | |||
| Standard Deviation | 3.24 | |||
| Variance | 10.5 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 18.99 | |||
| Value At Risk | (5.33) | |||
| Potential Upside | 4.43 | |||
| Skewness | (0.23) | |||
| Kurtosis | 1.31 |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.20) | |||
| Mean Deviation | 2.47 | |||
| Coefficient Of Variation | (1,262) | |||
| Standard Deviation | 3.24 | |||
| Variance | 10.5 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (0.21) | |||
| Maximum Drawdown | 18.99 | |||
| Value At Risk | (5.33) | |||
| Potential Upside | 4.43 | |||
| Skewness | (0.23) | |||
| Kurtosis | 1.31 |
Consider Ring Energy's intraday indicators
Ring Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ring Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ring Energy time-series forecasting models is one of many Ring Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ring Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Ring Stock media impact
Far too much social signal, news, headlines, and media speculation about Ring Energy that are available to investors today. That information is available publicly through Ring media outlets and privately through word of mouth or via Ring internal channels. However, regardless of the origin, that massive amount of Ring data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ring Energy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ring Energy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ring Energy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ring Energy alpha.
Ring Energy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Ring Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ring Energy Corporate Executives
Elected by the shareholders, the Ring Energy's board of directors comprises two types of representatives: Ring Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ring. The board's role is to monitor Ring Energy's management team and ensure that shareholders' interests are well served. Ring Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ring Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| William Broaddrick | CFO, VP, Treasurer and Corporate Secretary | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ring Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more detail on how to invest in Ring Stock please use our How to Invest in Ring Energy guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ring Energy. If investors know Ring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ring Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.26) | Earnings Share 0.57 | Revenue Per Share 1.853 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0829 |
The market value of Ring Energy is measured differently than its book value, which is the value of Ring that is recorded on the company's balance sheet. Investors also form their own opinion of Ring Energy's value that differs from its market value or its book value, called intrinsic value, which is Ring Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ring Energy's market value can be influenced by many factors that don't directly affect Ring Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Ring Energy's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Ring Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ring Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.