Range Resources Corp [RRC] stock is trading at $37.60, up 0.40%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RRC shares have gain 0.19% over the last week, with a monthly amount drifted -5.31%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Range Resources Corp [NYSE: RRC] stock has seen the most recent analyst activity on January 17, 2025, when Scotiabank downgraded its rating to a Sector Perform but kept the price target unchanged to $45 for it. Previously, BofA Securities upgraded its rating to Buy on January 13, 2025, and elevated its price target to $45. On January 03, 2025, upgrade upgraded it’s rating to Outperform but maintained its price target of $42 on the stock. UBS upgraded its rating to a Neutral but stick to its price target of $35 on December 09, 2024. Barclays upgraded its rating to Equal Weight for this stock on October 02, 2024, and downed its price target to $34. In a note dated October 01, 2024, Wells Fargo upgraded an Overweight rating on this stock and boosted its target price from $35 to $39.
Range Resources Corp [RRC] stock has fluctuated between $27.29 and $41.95 over the past year. Currently, Wall Street analysts expect the stock to reach $37.83 within the next 12 months. Range Resources Corp [NYSE: RRC] shares were valued at $37.60 at the most recent close of the market. An investor can expect a potential return of 0.61% based on the average RRC price forecast.
Analyzing the RRC fundamentals
Range Resources Corp [NYSE:RRC] reported sales of 2.36B for the trailing twelve months, which represents a growth of 4.59%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.07 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 37.02 points at the first support level, and at 36.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.17, and for the 2nd resistance point, it is at 38.75.
Ratios To Look Out For
For context, Range Resources Corp’s Current Ratio is 0.57. As well, the Quick Ratio is 0.57, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 3.84, the price to book ratio is 2.30 and price to earnings (TTM) ratio is 34.40.
Transactions by insiders
Recent insider trading involved Spiller Reginal, Director, that happened on Nov 11 ’24 when 2800.0 shares were sold. Director, Griffie Charles G. completed a deal on Oct 24 ’24 to buy 1275.0 shares. Meanwhile, VP, Principal Accting Officer Kavanaugh Ashley sold 12700.0 shares on Sep 23 ’24.
