Range Resources Corp (NYSE: RRC) is 18.32% higher on its value in year-to-date trading and has touched a low of $27.29 and a high of $42.53 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 $42.26 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $42.57, the stock is 7.62% and 14.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.69 million and changing 0.73% at the moment leaves the stock 20.04% off its SMA200. RRC registered 20.77% gain for a year compared to 6-month gain of 20.42%.
The stock witnessed a 7.96% loss in the last 1 month and extending the period to 3 months gives it a 5.09%, and is 8.24% up 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 1.11% over the week and 1.70% over the month.
Range Resources Corp (RRC) has around 565 employees, a market worth around $10.17B and $2.61B in sales. Current P/E ratio is 38.16 and Fwd P/E is 10.34. Profit margin for the company is 10.35%. Distance from 52-week low is 55.99% and 0.09% from its 52-week high. The company has generated returns on investments over the last 12 months (5.34%).
The EPS is expected to grow by 43.28% this year
The shares outstanding are 239.90M, and float is at 232.74M with Short Float at 6.49%.
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
Range Resources Corp disclosed in a document filed with the SEC on May 27 ’25 that Spiller Reginal (Director) sold a total of 4,200 shares of the company’s common stock. The trade occurred on May 27 ’25 and was made at $40.16 per share for $0.17 million. Following the transaction, the insider now directly holds 13663.0 shares of the RRC stock.
Still, SEC filings show that on May 13 ’25, McDowell Erin W (SVP & General Counsel) disposed off 9,568 shares at an average price of $40.62 for $0.39 million. The insider now directly holds 13,800 shares of Range Resources Corp (RRC).
