Breaking Down Range Resources: 9 Analysts Share Their Views
Benzinga Insights 8 months ago
Analyst Ratings
Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on Range Resources (NYSE:RRC) in the last three months.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 1 | 7 | 1 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 5 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 1 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $41.89, a high estimate of $48.00, and a low estimate of $36.00. Highlighting a 2.83% decrease, the current average has fallen from the previous average price target of $43.11.
Analyzing Analyst Ratings: A Detailed Breakdown
A comprehensive examination of how financial experts perceive Range Resources is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Sam Margolin | Wells Fargo | Raises | Equal-Weight | $46.00 | $43.00 |
| Devin McDermott | Morgan Stanley | Lowers | Equal-Weight | $40.00 | $42.00 |
| Noah Hungness | B of A Securities | Lowers | Neutral | $38.00 | $44.00 |
| Scott Hanold | RBC Capital | Lowers | Sector Perform | $44.00 | $46.00 |
| Paul Diamond | Citigroup | Lowers | Neutral | $36.00 | $39.00 |
| Sam Margolin | Wells Fargo | Lowers | Equal-Weight | $43.00 | $46.00 |
| Josh Silverstein | UBS | Raises | Neutral | $43.00 | $38.00 |
| Nitin Kumar | Mizuho | Raises | Outperform | $48.00 | $46.00 |
| Arun Jayaram | JP Morgan | Lowers | Underweight | $39.00 | $44.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Range Resources. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Range Resources compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Range Resources's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Range Resources's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Range Resources analyst ratings.
Delving into Range Resources's Background
Fort Worth-based Range Resources is an independent exploration and production company with that focuses entirely on its operations in the Marcellus Shale in Pennsylvania. At year-end 2024, Range Resources' proven reserves totaled 18.1 trillion cubic feet equivalent, with net production of 2.2 billion cubic feet equivalent per day. Natural gas accounted for 68% of production.
Breaking Down Range Resources's Financial Performance
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3M period, Range Resources showcased positive performance, achieving a revenue growth rate of 16.07% as of 30 September, 2025. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Energy sector.
Net Margin: Range Resources's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 22.0%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Range Resources's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 3.46%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Range Resources's ROA stands out, surpassing industry averages. With an impressive ROA of 2.02%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.33.
Analyst Ratings: Simplified
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.