Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Range Resources Corp (NYSE: RRC) closed at $33.52 down -3.01% from its previous closing price of $34.56. In other words, the price has decreased by -$3.01 from its previous closing price. On the day, 2.73 million shares were traded. RRC stock price reached its highest trading level at $35.09 during the session, while it also had its lowest trading level at $33.45.
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 23.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.35. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, RBC Capital Mkts on April 26, 2024, Downgraded its rating to Sector Perform and sets its target price to $39 from $36 previously.
On April 11, 2024, Scotiabank Downgraded its rating to Sector Perform which previously was Sector Outperform but kept the price unchanged to $45.
On April 10, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $35.Barclays initiated its Underweight rating on April 10, 2024, with a $35 target price.
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 May 21 ’24 when Spiller Reginal sold 1,460 shares for $38.68 per share. The transaction valued at 56,468 led to the insider holds 15,253 shares of the business.
Degner Dennis sold 101,000 shares of RRC for $3,815,780 on May 17 ’24. The Chief Executive Officer & Pres now owns 198,154 shares after completing the transaction at $37.78 per share. On May 16 ’24, another insider, Scucchi Mark, who serves as the EVP & CFO of the company, sold 49,569 shares for $36.91 each. As a result, the insider received 1,829,592 and left with 94,713 shares of the company.
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 8385196032 and an Enterprise Value of 9694001152. As of this moment, Range’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.05, and their Forward P/E ratio for the next fiscal year is 9.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 4.827 whereas that against EBITDA is 7.918.
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 $27.60. The 50-Day Moving Average of the stock is -5.92%, while the 200-Day Moving Average is calculated to be 0.69%.
Shares Statistics:
For the past three months, RRC has traded an average of 2.37M shares per day and 1859830 over the past ten days. A total of 241.04M shares are outstanding, with a floating share count of 235.09M. Insiders hold about 3.11% of the company’s shares, while institutions hold 98.15% stake in the company. Shares short for RRC as of 1719532800 were 12694019 with a Short Ratio of 5.36, compared to 1717113600 on 11973530. Therefore, it implies a Short% of Shares Outstanding of 12694019 and a Short% of Float of 7.1499999999999995.
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 0.009259258The stock’s 5-year Average Dividend Yield is 0.78.
