Range Resources Corp (NYSE: RRC) is 9.28% higher on its value in year-to-date trading and has touched a low of $27.29 and a high of $41.95 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RRC stock was last observed hovering at around $39.72 in the last trading session, with the day’s loss setting it -0.4%.
Currently trading at $39.32, the stock is 6.04% and 6.50% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.03 million and changing -1.01% at the moment leaves the stock 13.80% off its SMA200. RRC registered 4.08% gain for a year compared to 6-month loss of 17.58%. The firm has a 50-day simple moving average (SMA 50) of $36.92 and a 200-day simple moving average (SMA200) of $34.5505.
The stock witnessed a 18.11% gain in the last 1 month and extending the period to 3 months gives it a -0.88%, and is -2.72% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.17% over the week and 2.88% over the month.
Range Resources Corp (RRC) has around 565 employees, a market worth around $9.40B and $2.61B in sales. Current P/E ratio is 35.25 and Fwd P/E is 9.57. Profit margin for the company is 10.35%. Distance from 52-week low is 44.08% and -6.27% from its 52-week high. The company has generated returns on investments over the last 12 months (5.34%).
with sales reaching $707.64M over the same period.The EPS is expected to grow by 43.39% this year, but quarterly earnings will post 24.68% year-over-year. Quarterly sales are estimated to grow 33.51% in year-over-year returns.
659.0 institutions hold shares in Range Resources Corp (RRC), with institutional investors hold 99.64% of the company’s shares. The shares outstanding are 239.90M, and float is at 232.74M with Short Float at 6.02%. Institutions hold 98.47% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 29.37 million shares valued at $984.71 million. The investor’s holdings represent 12.1795 of the RRC Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 27.43 million shares valued at $919.59 million to account for 11.3741 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 24.58 million shares representing 10.1955 and valued at over $824.3 million, while BLACKROCK INC. holds 9.4634 of the shares totaling 22.82 million with a market value of $765.11 million.
Range Resources Corp (RRC) Insider Activity
The most recent transaction is an insider sale by McDowell Erin W, the company’s SVP & General Counsel. SEC filings show that McDowell Erin W sold 9,568 shares of the company’s common stock on May 13 ’25 at a price of $40.62 per share for a total of $0.39 million. Following the sale, the insider now owns 13800.0 shares.
Range Resources Corp disclosed in a document filed with the SEC on May 14 ’25 that Degner Dennis (Chief Executive Officer & Pres) sold a total of 35,850 shares of the company’s common stock. The trade occurred on May 14 ’25 and was made at $40.42 per share for $1.45 million. Following the transaction, the insider now directly holds 58431.0 shares of the RRC stock.
Still, SEC filings show that on May 13 ’25, Maxwell Greg G (Director) disposed off 10,374 shares at an average price of $40.62 for $0.42 million. The insider now directly holds 7,438 shares of Range Resources Corp (RRC).
