In the latest quarter, 14 analysts provided ratings for Range Resources RRC, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 9 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 4 | 0 | 0 |
| 2M Ago | 1 | 0 | 3 | 0 | 0 |
| 3M Ago | 0 | 2 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $40.57, a high estimate of $47.00, and a low estimate of $32.00. This upward trend is evident, with the current average reflecting a 10.73% increase from the previous average price target of $36.64.
Exploring Analyst Ratings: An In-Depth Overview
In examining recent analyst actions, we gain insights into how financial experts perceive Range Resources. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mike Scialla | Stephens & Co. | Raises | Overweight | $44.00 | $43.00 |
| Josh Silverstein | UBS | Raises | Neutral | $41.00 | $39.00 |
| Umang Choudhary | Goldman Sachs | Raises | Neutral | $43.00 | $39.00 |
| Betty Jiang | Barclays | Raises | Equal-Weight | $40.00 | $34.00 |
| Mike Scialla | Stephens & Co. | Raises | Overweight | $43.00 | $39.00 |
| Mark Lear | Piper Sandler | Raises | Neutral | $32.00 | $30.00 |
| Cameron Bean | Scotiabank | Maintains | Sector Perform | $45.00 | $45.00 |
| Scott Hanold | RBC Capital | Maintains | Sector Perform | $40.00 | $40.00 |
| Bertrand Hodee | Truist Securities | Raises | Hold | $35.00 | $31.00 |
| Doug Leggate | B of A Securities | Raises | Buy | $45.00 | $34.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $40.00 | $38.00 |
| Nitin Kumar | Mizuho | Raises | Outperform | $47.00 | $40.00 |
| Josh Silverstein | UBS | Raises | Neutral | $35.00 | $28.00 |
| Paul Diamond | Citigroup | Raises | Neutral | $38.00 | $33.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Range Resources. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Range Resources compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Range Resources's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Range Resources's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Range Resources analyst ratings.
Unveiling the Story Behind Range Resources
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2023, Range Resources' proven reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.14 billion cubic feet equivalent per day. Natural gas accounted for 69% of production.
A Deep Dive into Range Resources's Financials
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Challenges: Range Resources's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -0.6%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Range Resources's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of 8.89%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Range Resources's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.31%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Range Resources's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.7%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.47.
How Are Analyst Ratings Determined?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. Click here for urgent details.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
