Extremely significant negative changes in Range Resources Corp. (NYSE: RRC) fundamentals have recently occurred: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, significant quarterly sales deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.
Range Resources Corp. (NYSE: RRC). Important positive changes in investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
RRC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Range Resources has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Range Resources has a good Appreciation Score of 71 but a neutral Power Rating of 46, with the High Neutral Value Trend Rating the result.
Recent Price Action
On 2/27/24, Range Resources Corp. (NYSE: RRC) stock declined slightly by -0.2%, closing at $31.34. However, trading volume in this decline was below average at 69% of normal. Relative to the market the stock has been strong over the last nine months and has risen 1.9% during the last week.
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