Range Stock Analysis

RRC
 Stock
  

USD 28.16  1.82  6.91%   

The current rise in Range Resources short term price appreciation created some momentum for investors as it was traded today as low as 26.65 and as high as 28.22 per share. The company management teams have successfully maneuvered the company at convenient times to take advantage of all market conditions in September. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.76. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Range Resources partners.
Additionally, take a look at Your Equity Center.
  
The Range Resources stock analysis report makes it easy to digest most publicly released information about Range Resources and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Range Stock analysis module also helps to analyze the Range Resources price relationship with some important fundamental indicators such as market cap and management efficiency.

Range Stock Analysis Notes

About 89.0% of the company shares are owned by institutional investors. The book value of Range Resources was at this time reported as 6.99. The company has Price/Earnings To Growth (PEG) ratio of 0.22. Range Resources Corp recorded a loss per share of 3.54. The entity last dividend was issued on the 12th of December 2019. The firm had 3:2 split on the 5th of December 2005. Range Resources Corporation operates as an independent natural gas, natural gas liquids , and oil company in the United States. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas. Range Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 527 people. To find out more about Range Resources Corp contact Jeffrey Ventura at 817 870 2601 or learn more at https://www.rangeresources.com.

Range Resources Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Range Resources' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Range Resources Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Range Resources Corp has very high historical volatility over the last 90 days
The company has 2.38 B in debt with debt to equity (D/E) ratio of 1.21, which is OK given its current industry classification. Range Resources Corp has a current ratio of 0.32, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Range Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Range Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Range Resources Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Range to invest in growth at high rates of return. When we think about Range Resources' use of debt, we should always consider it together with cash and equity.
Over 89.0% of Range Resources shares are owned by institutional investors
On 30th of September 2022 Range Resources paid $ 0.08 per share dividend to its current shareholders

Range Resources Corp Upcoming and Recent Events

Earnings reports are used by Range Resources to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Range Resources 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.
Upcoming Quarterly Report22nd of February 2022
Next Financial Report25th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Range Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Range Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Range Resources Corp backward and forwards among themselves. Range Resources' institutional investor refers to the entity that pools money to purchase Range Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Fmr LlcCommon Shares40.5 MB
Vanguard Group IncCommon Shares25 M619.4 M
Blackrock IncCommon Shares24.9 M616.3 M
State Street CorpCommon Shares11 M272.4 M
Dimensional Fund Advisors LpCommon Shares8.8 M217.2 M
Exor Capital LlpCommon Shares6.2 M153.2 M
D E Shaw Co IncCommon Shares4.5 M110.7 M
Note, although Range Resources' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Range Market Capitalization

The company currently falls under 'Mid-Cap' category with total capitalization of 7.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Range Resources's market, we take the total number of its shares issued and multiply it by Range Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Range Profitablity

Range Resources' profitability indicators refer to fundamental financial ratios that showcase Range Resources' ability to generate income relative to its revenue or operating costs. If, let's say, Range Resources is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Range Resources' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Range Resources' profitability requires more research than a typical breakdown of Range Resources' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 11.2 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 25.8 %, which entails that for every 100 dollars of revenue, it generated 0.26 of operating income.

Management Efficiency

The entity has Return on Asset of 8.46 % which means that on every $100 spent on asset, it made $8.46 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 30.69 %, implying that it generated $30.69 on every 100 dollars invested. Range Resources management efficiency ratios could be used to measure how well range resources corp manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 4th of October, Range Resources holds the Risk Adjusted Performance of 0.0587, coefficient of variation of 2282.65, and Semi Deviation of 3.64. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Range Resources, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Range Resources Corp, which can be compared to its competitors. Please check Range Resources Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Range Resources Corp is priced some-what accurately, providing market reflects its current price of 28.16 per share. Given that Range Resources has jensen alpha of 0.2152, we recommend you to check out Range Resources Corp's recent market performance to make sure the company can sustain itself at a future point.

Range Resources Corp Price Movement Analysis

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Range Resources Corp 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 Range Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on Range Resources' 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 Range Resources 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.

Range Resources Predictive Daily Indicators

Range Resources 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 Range Resources 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.

Range Resources Forecast Models

Range Resources time-series forecasting models is one of many Range Resources' stock analysis techniquest 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 Range Resources' 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.

About Range Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Range Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Range shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Range Resources. By using and applying Range Stock analysis, traders can create a robust methodology for identifying Range entry and exit points for their positions.
Range Resources Corporation operates as an independent natural gas, natural gas liquids , and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. As of December 31, 2021, the company owned and operated 1,350 net producing wells and approximately 794,000 net acres under lease located in the Appalachian region of the northeastern United States. It markets and sells natural gas and NGLs to utilities, marketing and midstream companies, and industrial users petrochemical end users, marketerstraders, and natural gas processors and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.

Current Range Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Range analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Range analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
24.8Hold15Odds
Range Resources Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Range analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Range stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Range Resources Corp, talking to its executives and customers, or listening to Range conference calls.
Range Analyst Advice Details

Range Stock Analysis Indicators

Range Resources Corp stock analysis indicators help investors evaluate how Range Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Range Resources shares will generate the highest return on investment. By understating and applying Range Resources stock analysis, traders can identify Range Resources position entry and exit signals to maximize returns.
Quick Ratio0.30
Trailing Annual Dividend Rate0.02
Fifty Two Week Low16.71
Revenue Growth114.10%
Average Daily Volume Last 10 Day5.26M
Shares Short Prior Month17.21M
Average Daily Volume In Three Month4.1M
Shares Percent Shares Out5.56%
Gross Margins63.10%
Forward Price Earnings5.11
Short Percent Of Float9.35%
Float Shares236.07M
Fifty Two Week High37.44
Fifty Day Average31.13
Enterprise Value To Ebitda8.33
Two Hundred Day Average27.40
Enterprise Value To Revenue2.15
Trailing Annual Dividend Yield0.08%
Additionally, take a look at Your Equity Center. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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When running Range Resources Corp price analysis, check to measure Range Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Range Resources is operating at the current time. Most of Range Resources' value examination focuses on studying past and present price action to predict the probability of Range Resources' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Range Resources' price. Additionally, you may evaluate how the addition of Range Resources to your portfolios can decrease your overall portfolio volatility.
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Is Range Resources' industry 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 Range Resources. If investors know Range 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 Range Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Range Resources Corp is measured differently than its book value, which is the value of Range that is recorded on the company's balance sheet. Investors also form their own opinion of Range Resources' value that differs from its market value or its book value, called intrinsic value, which is Range Resources' 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 Range Resources' market value can be influenced by many factors that don't directly affect Range Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Range Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine Range Resources value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Range Resources' 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.