Range Resources Corp (RRC) is expecting 9.90% growth in the next quarter: What can investors do to maximize their returns?

On Tuesday, Range Resources Corp (NYSE: RRC) was 1.72% up from the session before settling in for the closing price of $38.97. A 52-week range for RRC has been $27.29 – $41.95.

During the last 5-year period, the sales growth of Energy Sector giant was 11.76%. When this article was written, the company’s average yearly earnings per share was at 47.14%. With a float of $234.91 million, this company’s outstanding shares have now reached $240.67 million.

Let’s determine the extent of company efficiency that accounts for 565 employees. In terms of profitability, gross margin is 23.41%, operating margin of 14.37%, and the pretax margin is 10.68%.

Range Resources Corp (RRC) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Range Resources Corp stocks. The insider ownership of Range Resources Corp is 2.66%, while institutional ownership is 99.09%. The most recent insider transaction that took place on Nov 11 ’24, was worth 95,872. In this transaction Director of this company sold 2,800 shares at a rate of $34.24, taking the stock ownership to the 12,453 shares. Before that another transaction happened on Oct 24 ’24, when Company’s Director bought 1,275 for $31.46, making the entire transaction worth $40,112. This insider now owns 5,921 shares in total.

Range Resources Corp (RRC) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.69 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 47.14% per share during the next fiscal year.

Range Resources Corp (NYSE: RRC) Trading Performance Indicators

You can see what Range Resources Corp (RRC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.05. Likewise, its price to free cash flow for the trailing twelve months is 30.28.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.09, a number that is poised to hit 0.91 in the next quarter and is forecasted to reach 3.88 in one year’s time.

Technical Analysis of Range Resources Corp (RRC)

Looking closely at Range Resources Corp (NYSE: RRC), its last 5-days average volume was 2.17 million, which is a drop from its year-to-date volume of 2.87 million. As of the previous 9 days, the stock’s Stochastic %D was 93.79%. Additionally, its Average True Range was 1.41.

During the past 100 days, Range Resources Corp’s (RRC) raw stochastic average was set at 81.48%, which indicates a significant decrease from 92.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.71% in the past 14 days, which was higher than the 36.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $38.26, while its 200-day Moving Average is $33.95. However, in the short run, Range Resources Corp’s stock first resistance to watch stands at $40.10. Second resistance stands at $40.56. The third major resistance level sits at $41.04. If the price goes on to break the first support level at $39.16, it is likely to go to the next support level at $38.68. Should the price break the second support level, the third support level stands at $38.22.

Range Resources Corp (NYSE: RRC) Key Stats

There are 241,331K outstanding shares of the company, which has a market capitalization of 9.57 billion. As of now, sales total 2,417 M while income totals 266,340 K. Its latest quarter income was 626,640 K while its last quarter net income were 94,840 K.