Range Resources Corporation (RRC) Analysts See $0.15 EPS

February 22, 2018 - By Marie Mckinney

 Range Resources Corporation (RRC) Analysts See $0.15 EPS
Investors sentiment is 1.35 in 2017 Q3. Its the same as in 2017Q2. It is the same, as 55 investors sold Range Resources Corporation shares while 102 reduced holdings. only 52 funds opened positions while 160 raised stakes. 248.08 million shares or 7.58% more from 230.61 million shares in 2017Q2 were reported.
Millennium Mgmt Limited Co has invested 0.08% in Range Resources Corporation (NYSE:RRC). First Manhattan invested 0.16% in Range Resources Corporation (NYSE:RRC). World Asset Management owns 19,372 shares or 0.01% of their US portfolio. Panagora Asset Mgmt invested in 34,031 shares or 0% of the stock. Commonwealth Of Pennsylvania Public School Empls Retrmt Sys holds 20,078 shares. Louisiana State Employees Retirement System invested in 0.01% or 14,100 shares. Amp Cap accumulated 58,792 shares or 0.01% of the stock. Caisse De Depot Et Placement Du Quebec reported 0% stake. Oslo Asset As has 5.45% invested in Range Resources Corporation (NYSE:RRC). Cubist Systematic Strategies Limited Co holds 8,758 shares or 0.01% of its portfolio. Old Mutual Customised Solutions (Proprietary) Ltd reported 0.02% in Range Resources Corporation (NYSE:RRC). Los Angeles Equity has invested 0.02% in Range Resources Corporation (NYSE:RRC). Moreover, California Pub Employees Retirement has 0.01% invested in Range Resources Corporation (NYSE:RRC). Putnam Investments Lc stated it has 0.01% in Range Resources Corporation (NYSE:RRC). Madison Inc holds 0.14% of its portfolio in Range Resources Corporation (NYSE:RRC) for 391,200 shares.

Since October 26, 2017, it had 1 insider purchase, and 3 sales for $228,453 activity. Poole David P had sold 30,920 shares worth $505,851. Another trade for 34,000 shares valued at $500,609 was made by PALKO STEFFEN E on Tuesday, January 30. MANNY ROGER S had sold 10,757 shares worth $176,678 on Thursday, October 26.

Analysts expect Range Resources Corporation (NYSE:RRC) to report $0.15 EPS on February, 27 after the close.They anticipate $0.81 EPS change or 122.73 % from last quarter’s $-0.66 EPS. RRC’s profit would be $36.63 million giving it 21.53 P/E if the $0.15 EPS is correct. After having $0.05 EPS previously, Range Resources Corporation’s analysts see 200.00 % EPS growth. The stock decreased 1.22% or $0.16 during the last trading session, reaching $12.92. About 10.02 million shares traded or 15.17% up from the average. Range Resources Corporation (NYSE:RRC) has declined 36.05% since February 22, 2017 and is downtrending. It has underperformed by 52.75% the S&P500.

Range Resources Corporation (NYSE:RRC) Ratings Coverage

Among 42 analysts covering Range Resources Corp. (NYSE:RRC), 24 have Buy rating, 3 Sell and 15 Hold. Therefore 57% are positive. Range Resources Corp. had 139 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, October 23 by JP Morgan. The stock of Range Resources Corporation (NYSE:RRC) has “Underweight” rating given on Monday, May 2 by Barclays Capital. JP Morgan maintained the stock with “Buy” rating in Wednesday, April 26 report. The firm earned “Hold” rating on Tuesday, September 5 by KeyBanc Capital Markets. BMO Capital Markets maintained Range Resources Corporation (NYSE:RRC) rating on Friday, September 1. BMO Capital Markets has “Buy” rating and $30.0 target. Morgan Stanley downgraded the stock to “Underweight” rating in Wednesday, January 24 report. On Wednesday, October 11 the stock rating was upgraded by Barclays Capital to “Overweight”. The firm earned “Buy” rating on Thursday, September 7 by RBC Capital Markets. The firm earned “Hold” rating on Friday, December 8 by Suntrust Robinson. RBC Capital Markets maintained Range Resources Corporation (NYSE:RRC) on Friday, June 2 with “Buy” rating.

Range Resources Corporation operates as an independent natural gas, natural gas liquids , and oil company. The company has market cap of $3.16 billion. It engages in the exploration, development, and acquisition of natural gas and oil properties. It currently has negative earnings. The firm holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and North Louisiana region of the United States.

More important recent Range Resources Corporation (NYSE:RRC) news were published by: Fool.com which released: “Here’s Why Range Resources Corp.’s Stock Is Slumping Today” on January 25, 2018, also Bloomberg.com published article titled: “Range Resources Drops to 12-Year Low on North Louisiana Botch”, Benzinga.com published: “Energen Vs. Range Resources: A Commodity Pair Trade From Morgan Stanley” on January 24, 2018. More interesting news about Range Resources Corporation (NYSE:RRC) was released by: Seekingalpha.com and their article: “Time For An Activist To Force A Range Resources Sale?” with publication date: January 26, 2018.

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