A Boring Article About 2 Active Stocks: Dada Nexus Limited (DADA), Range Resources Corporation (RRC)

Dada Nexus Limited (NASDAQ: DADA) shares are 60.73% up in the year-to-date (YTD) period and have moved -1.98% or -$0.52 lower in the latest trading session. If we look at the shorter duration, its week performance is -12.17% and 10.59% over the month.

Analyst Recommendations

5 analysts offering the recommendations for the stock have a consensus rating of 1.70 to suggest that the DADA stock is a “Strong Buy. 0 of the 5 analysts rate the stock as a “Sell”, while 0 has rated it as “Underweight”. 4 recommend buying, with 0 rating it as an Overweight.

The stock currently trades at $25.70 and analysts tracking its performance over the next 12 months have a consensus estimate price target of $32.00. The forecasts give the Dada Nexus Limited stock a price target range of $248.82 on the higher side while at least one analyst think the stock could plunge to a low of $137.83. The two limits represent an upside potential of 89.67% or 81.35%.

Earnings Forecast

Analysts also offered guidance for the next financial quarter, with their average projected EPS at between -$0.25 and -$0.23. Wall Street estimates earnings per share to be at an average of -$0.53 for the next year.

Range Resources Corporation (NYSE:RRC), on the other hand, is trading around $7.79 with a market cap of $2.02B and analyst research firms have a negative stance on its shares. Analysts predict that the stock will reach $7.40 and spell out a less modest performance – a -5.27% return. Some analysts are even forecasting -$0.02 per share in earnings this year on a short term (1 year) basis.

Let us briefly look at the Range Resources Corporation (RRC) financials, with a focus on its operating details as indicated in its earnings report for the last quarter.

Company balance sheet and cash flow

RRC’s operating expenses over the recent quarter were at $48.62 million. This represented a 87.09% of the company’s total revenues which amounted $376.55 million. With this in place, we can see that the company’s diluted EPS declined -$0.61 on the year-over-year period, growing to $0.46 as given in the last earnings report.

In terms of the balance sheet & cash flow as of (Sep 2020), the total assets figure advanced to $6.45 billion from $6.59 billion over the previous quarter. The cash flow from operating activities totaled $203.27 million, significantly lower than the $445.52 million reported in the year-ago quarter. The company’s free cash flow for the quarter was -$67.14 million.

Insider activity

Insiders have transacted a total of 32 times at Range Resources Corporation over the last 6 months, with insider purchases undertaken 26 times and accounting for 1,530,754 shares. Insider sales totaled 147,577 shares over the same period, with these deals completed in 6 transactions. Looking at these numbers, we realize that net purchases over that period are 20.0 shares. Insiders now hold a total of 4.65M shares after the latest sales, with 53.00% net shares purchased.

Major holders

Insiders own 1.50% of the company shares with a share float percentage of 230.48M. Investors are also buoyed by the number of investors in a company, with Range Resources Corporation having a total of 398 institutions that hold shares in the company.