Range Resources Corp (RRC) Stock Forecast & Price Target
Range Resources Corp · NYSE
$41.91-0.09 (-0.21%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 17 firms covering Range Resources Corp, 3 rate it Buy or better, 13 sit at Hold, and 1 rate it Sell or worse, a hold consensus. Targets are tightly clustered, $39.00 to $53.00, so the covering firms are broadly aligned. The average target of $43.76 sits 4% above the current $41.91. The rating mix has stayed broadly stable, with Buy-side ratings easing from 3 to 2 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.03 next quarter toward $3.98 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS17 ratings
Hold
Strong Buy00%
Buy318%
Hold1376%
Sell16%
Strong Sell00%
Based on 17 analysts giving stock ratings to Range Resources Corp.
As of Sep, 2 of 16 firms rate RRC a Buy (13 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
RRC EPS & revenue forecast
EPS · NEXT QUARTER
$1.03
Range $0.71 – $1.60 · 19 analysts · +25% YoY
Next period, 19 analysts expect Range Resources Corp to earn $1.03 a share (range $0.71 – $1.60), versus $0.82 a year earlier. Full-year consensus is $4.12, growing to $3.98 the year after.
REVENUE · NEXT QUARTER
$948.0M
Range $857.0M – $1.1B · 19 analysts · +16% YoY
Revenue is expected to reach $948.0M (range $857.0M – $1.1B), +15.6% year-over-year. Full-year consensus is $3.6B, rising to $3.7B next year.
Top analysts covering Range Resources Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RRC.
#1
Devin McDermott
Morgan Stanley · Rank #52
Hold
$43.00+2.6% to target
Overall win rate
51%
+ Follow
#2
Neil Mehta
Goldman Sachs · Rank #78
Hold
$36.00-14.1% to target
Overall win rate
42%
+ Follow
#3
Mark Lear
Piper Sandler · Rank #161
Hold
$42.00+0.2% to target
Overall win rate
47%
+ Follow
#4
Nitin Kumar
Mizuho · Rank #164
Buy
$48.00+14.5% to target
Overall win rate
46%
+ Follow
#5
John Freeman
Raymond James · Rank #189
Buy
$41.00-2.2% to target
Overall win rate
39%
+ Follow
RRC stock forecast FAQ
What is RRC's average 12-month price target?+
The 17 analysts with a live target average $43.76 for Range Resources Corp over the next 12 months, ranging from a $53.00 high to a $39.00 low.
Is RRC stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 17 analyst ratings, 3 are Buy or Strong Buy, 13 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for RRC?+
The Street-high target is $53.00 (Stephens & Co.), and the Street-low is $39.00 (Goldman Sachs). The average of all 17 active targets is $43.76.
How many Wall Street analysts cover RRC?+
17 analysts have an active rating on Range Resources Corp, and 17 firms carry a live 12-month price target.
Who is the most accurate analyst covering RRC?+
Among analysts who currently cover RRC, Devin McDermott of Morgan Stanley has the strongest overall Quantellect track record (Rank #52). Their current call is Hold with a $43.00 target.
What is Range Resources Corp's projected EPS for next quarter?+
The consensus estimate is $1.03 per share (range $0.71 – $1.60) across 19 analysts. Full-year EPS is projected at $4.12, rising to $3.98 the following year.
How much revenue is Range Resources Corp expected to report next quarter?+
Consensus revenue is $948.0M (range $857.0M – $1.1B). Full-year revenue is projected at $3.6B, growing to $3.7B next year.
Have analysts been upgrading or downgrading RRC lately?+
As of Sep, 2 of 16 firms rate RRC a Buy (13 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RRC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.