While Range Resources Corp has underperformed by -2.64%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RRC rose by 16.00%, with highs and lows ranging from $41.95 to $27.29, whereas the simple moving average jumped by 13.83% in the last 200 days.
On March 26, 2025, Morgan Stanley Upgraded Range Resources Corp (NYSE: RRC) to Equal-Weight. A report published by JP Morgan on March 13, 2025, Upgraded its rating to ‘Neutral’ for RRC. Scotiabank also Downgraded RRC shares as ‘Sector Perform’, setting a target price of $45 on the company’s shares in a report dated January 17, 2025. BofA Securities January 13, 2025d the rating to Buy on January 13, 2025, and set its price target from $34 to $45. Wolfe Research January 03, 2025d its ‘Peer Perform’ rating to ‘Outperform’ for RRC, as published in its report on January 03, 2025. UBS’s report from December 09, 2024 suggests a price prediction of $35 for RRC shares, giving the stock a ‘Neutral’ rating. BofA Securities also rated the stock as ‘Neutral’.
Analysis of Range Resources Corp (RRC)
The current dividend for RRC investors is set at $0.33 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 4.59%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Range Resources Corp’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 6.88% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.57, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and RRC is recording an average volume of 2.79M. On a monthly basis, the volatility of the stock is set at 3.68%, whereas on a weekly basis, it is put at 2.87%, with a loss of -3.68% over the past seven days. Furthermore, long-term investors anticipate a median target price of $42.73, showing growth from the present price of $38.79, which can serve as yet another indication of whether RRC is worth investing in or should be passed over.
How Do You Analyze Range Resources Corp Shares?
Range Resources Corp (RRC) is based in the USA and is one of the most prominent companies operating in the Oil & Gas E&P market. When comparing Range Resources Corp shares with other companies under Energy, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 35.49, there is a growth in quarterly earnings of -69.21%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.62%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 99.08% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
RRC shares are owned by institutional investors to the tune of 99.08% at present.
