Range Resources (RRC) Given Coverage Optimism Rating of 0.07

Media headlines about Range Resources (NYSE:RRC) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Range Resources earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the oil and gas exploration company an impact score of 46.3371462950661 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:

Get Range Resources alerts: Why shareholders’ votes on methane emissions could lead to changes for drillers (bizjournals.com) Shareholders OK proposal calling on Range Resources to issue emissions management report (pionline.com) Methane shareholder resolution passes at U.S. oil and gas company (edf.org) Range shareholders approve measure to require methane report (bizjournals.com) Whirling Stocks: Range Resources Corporation (NYSE:RRC), Westport Fuel Systems Inc. (NASDAQ:WPRT), Ur-Energy … (thestreetpoint.com)

A number of equities analysts have issued reports on RRC shares. Morgan Stanley downgraded Range Resources from an “equal weight” rating to an “underweight” rating and set a $11.00 price objective for the company. in a report on Wednesday, January 24th. Credit Suisse Group decreased their price objective on Range Resources from $24.00 to $23.00 and set an “outperform” rating for the company in a report on Thursday, January 25th. Capital One downgraded Range Resources from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 25th. Royal Bank of Canada decreased their price objective on Range Resources to $28.00 and set an “outperform” rating for the company in a report on Thursday, January 25th. Finally, Bank of America decreased their price objective on Range Resources from $23.00 to $22.00 and set a “neutral” rating for the company in a report on Thursday, January 25th. Five investment analysts have rated the stock with a sell rating, twelve have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average price target of $22.22.

Range Resources opened at $15.17 on Friday, Marketbeat reports. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.45 and a current ratio of 0.50. Range Resources has a one year low of $11.93 and a one year high of $25.96. The firm has a market cap of $3.85 billion, a P/E ratio of 26.16, a price-to-earnings-growth ratio of 1.03 and a beta of 0.56.

Range Resources (NYSE:RRC) last released its quarterly earnings data on Wednesday, April 25th. The oil and gas exploration company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.37 by $0.09. Range Resources had a return on equity of 4.36% and a net margin of 8.24%. The company had revenue of $742.60 million for the quarter, compared to analysts’ expectations of $725.60 million. During the same period last year, the firm posted $0.25 earnings per share. Range Resources’s revenue was down 4.4% compared to the same quarter last year. equities analysts anticipate that Range Resources will post 0.93 EPS for the current fiscal year.

Range Resources Company Profile

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company. It engages in the exploration, development, and acquisition of natural gas and oil properties. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and North Louisiana regions of the United States.