A share price of Range Resources Corp [RRC] is currently trading at $38.32, up 2.30%. 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 8.80% over the last week, with a monthly amount drifted -0.42%, 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 March 13, 2025, when JP Morgan upgraded its rating to a Neutral and also boosted its price target to $45 from $43. Previously, Scotiabank downgraded its rating to Sector Perform on January 17, 2025, and kept the price target unchanged to $45. On January 13, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $45 on the stock. Wolfe Research upgraded its rating to a Outperform but stick to its price target of $42 on January 03, 2025. UBS upgraded its rating to a Neutral but $35 remained the price target by the analyst firm on December 09, 2024. In a note dated October 02, 2024, Barclays upgraded an Equal Weight rating on this stock and revised its target price from $35 to $34.
Range Resources Corp experienced fluctuations in its stock price throughout the past year between $27.29 and $41.95. 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 $38.32 at the most recent close of the market. An investor can expect a potential drop of -1.28% based on the average RRC price forecast.
Analyzing the RRC fundamentals
Trailing Twelve Months sales for Range Resources Corp [NYSE:RRC] were 2.36B which represents 4.59% growth. 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 37.43 points at the first support level, and at 36.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.87, and for the 2nd resistance point, it is at 39.42.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Range Resources Corp [NYSE:RRC] 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 3.92, the price to book ratio is 2.34 and price to earnings (TTM) ratio is 35.06.
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.
