Range Resources Corporation (RRC)
NYSE: RRC · Real-Time Price · USD
33.18
+0.04 (0.12%)
At close: Dec 20, 2024, 4:00 PM
33.40
+0.22 (0.66%)
After-hours: Dec 20, 2024, 7:59 PM EST
Range Resources Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Range Resources stock have an average target of 36.24, with a low estimate of 30 and a high estimate of 47. The average target predicts an increase of 9.22% from the current stock price of 33.18.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for RRC stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 4 | 4 | 4 | 5 |
| Hold | 10 | 9 | 10 | 11 | 11 | 11 |
| Sell | 3 | 3 | 3 | 2 | 2 | 2 |
| Strong Sell | 1 | 0 | 1 | 1 | 1 | 0 |
| Total | 19 | 17 | 19 | 19 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $38 → $40 | Buy | Maintains | $38 → $40 | +20.55% | Dec 17, 2024 |
| Mizuho | Mizuho | Buy Maintains $40 → $47 | Buy | Maintains | $40 → $47 | +41.65% | Dec 16, 2024 |
| UBS | UBS | Strong Sell → Hold Upgrades $28 → $35 | Strong Sell → Hold | Upgrades | $28 → $35 | +5.49% | Dec 9, 2024 |
| Citigroup | Citigroup | Hold Maintains $33 → $38 | Hold | Maintains | $33 → $38 | +14.53% | Dec 6, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $35 → $40 | Hold | Maintains | $35 → $40 | +20.55% | Nov 25, 2024 |
Financial Forecast
Revenue This Year
2.51B
from 2.55B
Decreased by -1.89%
Revenue Next Year
2.93B
from 2.51B
Increased by 16.93%
EPS This Year
2.15
from 3.57
Decreased by -39.84%
EPS Next Year
2.97
from 2.15
Increased by 38.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 3.5B | 3.5B |
| Avg | 2.5B | 2.9B | 3.1B |
| Low | 2.1B | 2.5B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.3% | 38.7% | 20.4% |
| Avg | -1.9% | 16.9% | 4.3% |
| Low | -17.2% | 0.5% | -7.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.81 | 4.20 | 4.64 | |||
| Avg | 2.15 | 2.97 | 3.31 | |||
| Low | 1.23 | 2.29 | 2.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -21.2% | 95.5% | 56.5% | |||
| Avg | -39.8% | 38.1% | 11.5% | |||
| Low | -65.7% | 6.8% | -30.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.