Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Range Resources Corp (NYSE: RRC) closed at $36.40 down -5.58% from its previous closing price of $38.55. In other words, the price has decreased by -$5.58 from its previous closing price. On the day, 6.0 million shares were traded.
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 28.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 0.46 whereas as Long-Term Debt/Eq ratio is at 0.29.
On January 13, 2025, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $34 to $45.
Wolfe Research Upgraded its Peer Perform to Outperform on January 03, 2025, while the target price for the stock was maintained at $42.
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 Nov 11 ’24 when Spiller Reginal sold 2,800 shares for $34.24 per share. The transaction valued at 95,872 led to the insider holds 12,453 shares of the business.
Griffie Charles G. bought 1,275 shares of RRC for $40,112 on Oct 24 ’24. The Director now owns 5,921 shares after completing the transaction at $31.46 per share. On Sep 23 ’24, another insider, Kavanaugh Ashley, who serves as the VP, Principal Accting Officer of the company, sold 12,700 shares for $31.45 each. As a result, the insider received 399,390 and left with 9,670 shares of the company.
Valuation Measures:
As of this moment, Range’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.31, and their Forward P/E ratio for the next fiscal year is 9.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.72 while its Price-to-Book (P/B) ratio in mrq is 2.23.
Stock Price History:
Over the past 52 weeks, RRC has reached a high of $41.95, while it has fallen to a 52-week low of $27.29. The 50-Day Moving Average of the stock is -3.05%, while the 200-Day Moving Average is calculated to be 7.34%.
Shares Statistics:
A total of 240.67M shares are outstanding, with a floating share count of 238.35M. Insiders hold about 1.24% of the company’s shares, while institutions hold 99.02% stake in the company.
