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Range Resources Corp (DE:RAX)
FRANKFURT:RAX
Range Resources (RAX) Stock Price & Analysis
0 Followers
RAX Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€21.49 - €34.68
Previous Close€32.75
Volume0.00
Average Volume (3M)640.00
Market Cap
€7.98B
Enterprise Value€7.85B
Total Cash (Recent Filing)$162.80M
Total Debt (Recent Filing)$17.61M
Price to Earnings (P/E)N/A
Beta0.72
Next Earnings
Apr 23, 2024EPS Estimate
€0.55Last Dividend Ex-Date
Mar 14, 2024Dividend Yield0.91%
Share Statistics
EPS (TTM)N/A
Shares Outstanding242,119,571
10 Day Avg. Volume0
30 Day Avg. Volume640
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)2.46
Price to Sales (P/S)1.95
Price to Cash Flow (P/CF)14.10
P/FCF Ratio13.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.62
Enterprise Value/Gross Profit2.11
Enterprise Value/Ebitda3.82
Forecast
1Y Price Target
€33.26Price Target Upside1.56% Upside
Rating ConsensusHold
Number of Analyst Covering20
Range Resources News
Bulls Say, Bears Say
Bulls Say
Financial StrategyAnalyst expects a balanced approach for free cash flow allocation including share buybacks and debt reduction.
Operational PerformanceThe company has demonstrated a commitment to shareholder returns through share repurchases and dividends, while reducing net debt.
Risk ManagementRange has a considerable portion of its future natural gas volumes hedged at attractive prices, providing stability.
Bears Say
Earnings GuidanceInvestors may have a negative response due to underwhelming 2024 guidance relative to expectations.
Financial PerformanceEBITDA estimates have been revised down significantly for the upcoming years, signaling potential concerns over the company's profitability.
Operational IssuesReported delays on in-service for key LNG projects and milder winter weather have been headwinds for natural gas prices.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
0.98% Other Institutional Investors
99.02% Public Companies and
Individual Investors
RAX FAQ
What was Range Resources Corp’s price range in the past 12 months?
Range Resources Corp lowest stock price was €21.49 and its highest was €34.68 in the past 12 months.
What is Range Resources Corp’s market cap?
Currently, no data Available
When is Range Resources Corp’s upcoming earnings report date?
Range Resources Corp’s upcoming earnings report date is Apr 23, 2024 which is 6 days ago.
How were Range Resources Corp’s earnings last quarter?
Range Resources Corp released its earnings results on Feb 21, 2024. The company reported €0.593 earnings per share for the quarter, beating the consensus estimate of €0.448 by €0.145.
Is Range Resources Corp overvalued?
According to Wall Street analysts Range Resources Corp’s price is currently Undervalued.
Does Range Resources Corp pay dividends?
Range Resources Corp pays a Quarterly dividend of €0.07 which represents an annual dividend yield of 0.91%. See more information on Range Resources Corp dividends here
What is Range Resources Corp’s EPS estimate?
Range Resources Corp’s EPS estimate is €0.55.
How many shares outstanding does Range Resources Corp have?
Currently, no data Available
What happened to Range Resources Corp’s price movement after its last earnings report?
Range Resources Corp reported an EPS of €0.593 in its last earnings report, beating expectations of €0.448. Following the earnings report the stock price went down -2.49%.
Which hedge fund is a major shareholder of Range Resources Corp?
Among the largest hedge funds holding Range Resources Corp’s share is Kopernik Global Investors, Llc. It holds Range Resources Corp’s shares valued at 95M.
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Range Resources Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
€33.26 (1.56% Upside)
€33.26 (1.56% Upside)
Blogger Sentiment
Bullish
DE:RAX Sentiment 87%
Sector Average 72%
Sector Average 72%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.58%
12-Months-Change
Fundamentals
Return on Equity
25.73%
Trailing 12-Months
Asset Growth
6.74%
Trailing 12-Months
Company Description
Range Resources Corp
Range Resources Corp. engages in the exploration, development, and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company was founded in 1976 and is headquartered in Fort Worth, TX.
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RAX Company Deck
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RAX Earnings Call
Q4 2024
0:00 / 0:00
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RAX Revenue Breakdown
48.34% Natural gas sales
36.57% NGLs sales
7.66% Sales of purchased natural gas
6.52% Oil and condensate sales
0.90% Other
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RAX Stock 12 Months Forecast
Average Price Target
€33.26
▲(1.56% Upside)
Technical Analysis
Best Analysts Covering RAX
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+17.09%
reiterated a buy rating 25 days ago
Copying Derrick Whitfield's trades and holding each position for 1 Year would result in 92.86% of your transactions generating a profit, with an average return of +17.09% per trade.
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