Range Resources Corporation (RRC)
NYSE: RRC · IEX Real-Time Price · USD
32.82
+0.06 (0.18%)
At close: Jul 19, 2024, 4:00 PM
32.81
-0.01 (-0.03%)
After-hours: Jul 20, 2024, 12:57 PM EDT
Range Resources Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Range Resources stock have an average target of 37, with a low estimate of 28 and a high estimate of 45. The average target predicts an increase of 12.74% from the current stock price of 32.82.
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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 8 | 9 | 9 | 10 |
| Sell | 2 | 2 | 3 | 3 | 3 | 3 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 16 | 15 | 17 | 18 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Jul 18, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Jul 9, 2024 |
| Jefferies | Jefferies | Hold Maintains $34 → $35 | Hold | Maintains | $34 → $35 | +6.64% | Jul 8, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $41 → $45 | Strong Buy | Maintains | $41 → $45 | +37.11% | May 13, 2024 |
| Jefferies | Jefferies | Hold Maintains $32 → $34 | Hold | Maintains | $32 → $34 | +3.60% | May 2, 2024 |
Financial Forecast
Revenue This Year
2.68B
from 3.37B
Decreased by -20.55%
Revenue Next Year
3.08B
from 2.68B
Increased by 15.03%
EPS This Year
2.38
from 3.57
Decreased by -33.27%
EPS Next Year
3.52
from 2.38
Increased by 47.82%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4B | 3.9B | 3.5B |
| Avg | 2.7B | 3.1B | 3.2B |
| Low | 2.1B | 2.7B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -0.5% | 45.3% | 14.9% |
| Avg | -20.5% | 15.0% | 3.4% |
| Low | -38.0% | -0.4% | -16.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.31 | 5.38 | 4.61 | 2.92 | 3.26 |
| Avg | 2.38 | 3.52 | 3.81 | 2.81 | 3.13 |
| Low | 1.85 | 2.27 | 2.99 | 2.72 | 3.04 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -7.4% | 125.9% | 30.9% | -23.4% | 15.9% |
| Avg | -33.3% | 47.8% | 8.2% | -26.3% | 11.5% |
| Low | -48.1% | -4.6% | -15.1% | -28.5% | 8.2% |
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.