EPS for Range Resources Corporation (RRC) Expected At $0.11

July 13, 2018 - By Louis Casey

Range Resources Corporation (NYSE:RRC) LogoInvestors sentiment increased to 1.17 in Q1 2018. Its up 0.09, from 1.08 in 2017Q4. It is positive, as 52 investors sold Range Resources Corporation shares while 110 reduced holdings. 53 funds opened positions while 136 raised stakes. 257.09 million shares or 11.77% more from 230.02 million shares in 2017Q4 were reported.
Northern holds 2.50 million shares or 0.01% of its portfolio. Tortoise Capital Limited Liability holds 0.06% of its portfolio in Range Resources Corporation (NYSE:RRC) for 544,360 shares. State Board Of Administration Of Florida Retirement System reported 0.01% of its portfolio in Range Resources Corporation (NYSE:RRC). Fuller And Thaler Asset Mgmt holds 0.94% in Range Resources Corporation (NYSE:RRC) or 5.50M shares. M&T Bank & Trust Corporation holds 10,543 shares. Moreover, Scotia Cap has 0.01% invested in Range Resources Corporation (NYSE:RRC) for 35,376 shares. Bnp Paribas Asset Mgmt Holdg Sa reported 1.33 million shares or 0.16% of all its holdings. Toronto Dominion Retail Bank has 0% invested in Range Resources Corporation (NYSE:RRC). Blume Capital Mngmt stated it has 89,250 shares or 0.72% of all its holdings. Teacher Retirement Of Texas invested in 0.01% or 69,212 shares. Principal Fincl Grp has invested 0% in Range Resources Corporation (NYSE:RRC). 589,288 were reported by Credit Suisse Ag. Advisors Asset Mngmt invested in 0.01% or 37,204 shares. World Asset Mgmt owns 12,839 shares or 0.01% of their US portfolio. Profund Advisors Limited Liability Com has invested 0.01% in Range Resources Corporation (NYSE:RRC).

Since January 30, 2018, it had 1 insider buy, and 3 selling transactions for $256,186 activity. Poole David P sold 3,829 shares worth $67,161. On Monday, July 9 VENTURA JEFFREY L sold $153,773 worth of Range Resources Corporation (NYSE:RRC) or 8,767 shares. Ginn Dori sold $23,489 worth of stock or 1,434 shares.

Analysts expect Range Resources Corporation (NYSE:RRC) to report $0.11 EPS on August, 7.They anticipate $0.17 EPS change or 60.71 % from last quarter’s $0.28 EPS. RRC’s profit would be $26.78M giving it 37.00 P/E if the $0.11 EPS is correct. After having $0.46 EPS previously, Range Resources Corporation’s analysts see -76.09 % EPS growth. The stock decreased 1.93% or $0.32 during the last trading session, reaching $16.28. About 4.92 million shares traded. Range Resources Corporation (NYSE:RRC) has declined 36.11% since July 13, 2017 and is downtrending. It has underperformed by 48.68% the S&P500.

Range Resources Corporation (NYSE:RRC) Ratings Coverage

Among 19 analysts covering Range Resources Corp (NYSE:RRC), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. Range Resources Corp had 27 analyst reports since January 17, 2018 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Thursday, January 25. On Thursday, April 19 the stock rating was maintained by Susquehanna with “Buy”. The rating was downgraded by Raymond James on Monday, January 29 to “Sell”. The stock has “Neutral” rating by Bank of America on Thursday, January 25. The stock of Range Resources Corporation (NYSE:RRC) earned “Buy” rating by Guggenheim on Thursday, April 19. The firm earned “Outperform” rating on Thursday, January 25 by Credit Suisse. The firm earned “Hold” rating on Friday, March 9 by FBR Capital. The firm earned “Buy” rating on Thursday, January 18 by Cowen & Co. The rating was maintained by Morgan Stanley on Friday, April 20 with “Underweight”. The stock of Range Resources Corporation (NYSE:RRC) has “Market Perform” rating given on Tuesday, March 27 by Bernstein.

Range Resources Corporation operates as an independent natural gas, natural gas liquids , and oil company. The company has market cap of $3.96 billion. It engages in the exploration, development, and acquisition of natural gas and oil properties. It has a 12.13 P/E ratio. 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 news for Range Resources Corporation (NYSE:RRC) were recently published by: Globenewswire.com, which released: “Range Announces Conference Call to Discuss Second Quarter 2018 Financial Results” on June 29, 2018. Globenewswire.com‘s article titled: “Range Resources Corporation to Add New Independent Directors to Board” and published on July 09, 2018 is yet another important article.

Range Resources Corporation (NYSE:RRC) Institutional Positions Chart

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