Balance Sheet Insights: Range Resources Corp (RRC)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Range Resources Corp (NYSE: RRC) closed at $30.03 down -4.64% from its previous closing price of $31.49. In other words, the price has decreased by -$4.64 from its previous closing price. On the day, 2.61 million shares were traded. RRC stock price reached its highest trading level at $31.51 during the session, while it also had its lowest trading level at $30.02.

Ratios:

For a deeper understanding of Range Resources Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 26.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.54. In the meantime, Its Debt-to-Equity ratio is 0.47 whereas as Long-Term Debt/Eq ratio is at 0.29.

On October 02, 2024, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also lowered its target price recommendation from $35 to $34.

Wells Fargo Upgraded its Equal Weight to Overweight on October 01, 2024, whereas the target price for the stock was revised from $35 to $39.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 24 ’24 when Griffie Charles G. bought 1,275 shares for $31.46 per share. The transaction valued at 40,112 led to the insider holds 5,921 shares of the business.

Kavanaugh Ashley sold 12,700 shares of RRC for $399,390 on Sep 23 ’24. The VP, Principal Accting Officer now owns 9,670 shares after completing the transaction at $31.45 per share. On Sep 23 ’24, another insider, Ashley Kavanaugh, who serves as the Officer of the company, bought 12,700 shares for $31.45 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RRC now has a Market Capitalization of 7598851584 and an Enterprise Value of 8796716032. As of this moment, Range’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.25, and their Forward P/E ratio for the next fiscal year is 10.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.20 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 3.775 whereas that against EBITDA is 7.853.

Stock Price History:

Over the past 52 weeks, RRC has reached a high of $39.33, while it has fallen to a 52-week low of $27.29. The 50-Day Moving Average of the stock is -0.78%, while the 200-Day Moving Average is calculated to be -7.71%.

Shares Statistics:

For the past three months, RRC has traded an average of 2.13M shares per day and 2863450 over the past ten days. A total of 241.04M shares are outstanding, with a floating share count of 238.25M. Insiders hold about 1.27% of the company’s shares, while institutions hold 96.91% stake in the company. Shares short for RRC as of 1728950400 were 11748583 with a Short Ratio of 5.52, compared to 1726185600 on 11602402. Therefore, it implies a Short% of Shares Outstanding of 11748583 and a Short% of Float of 6.670000399999999.

Dividends & Splits

According to the company, the forward annual dividend rate for RRC is 0.32, from 0.32 in the trailing year. Against a Trailing Annual Dividend Yield of 0.010161956The stock’s 5-year Average Dividend Yield is 0.78.

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