Range Resources Corp. (RRC) Analysts See $-0.14 EPS

July 17, 2017 - By Peter Erickson

 Range Resources Corp. (RRC) Analysts See $ 0.14 EPS
Investors sentiment decreased to 1.2 in 2016 Q4. Its down 0.81, from 2.01 in 2016Q3. It dropped, as 57 investors sold Range Resources Corp. shares while 127 reduced holdings. 60 funds opened positions while 160 raised stakes. 216.83 million shares or 6.80% more from 203.02 million shares in 2016Q3 were reported.
Plante Moran Fincl Advsr Lc holds 127 shares or 0% of its portfolio. Amp Invsts holds 82,138 shares. 865,195 were accumulated by Lord Abbett And Llc. Ameriprise holds 198,938 shares. Cannell Peter B And Com owns 404,285 shares for 0.5% of their portfolio. The Sweden-based Livforsakringsbolaget Skandia Omsesidigt has invested 0.03% in Range Resources Corp. (NYSE:RRC). Wesbanco Bankshares Inc, West Virginia-based fund reported 31,652 shares. Axa holds 0% or 12,633 shares in its portfolio. 125 are owned by Sunbelt Secs Inc. Point72 Asia (Hong Kong) Limited accumulated 10,290 shares or 0.35% of the stock. Moreover, Raymond James Fincl Services Inc has 0.01% invested in Range Resources Corp. (NYSE:RRC) for 25,973 shares. Tci Wealth Advsr Incorporated invested 0% of its portfolio in Range Resources Corp. (NYSE:RRC). Geode Cap Mngmt Ltd has invested 0.03% in Range Resources Corp. (NYSE:RRC). Washington-based Parametric Port Ltd Liability Corp has invested 0.02% in Range Resources Corp. (NYSE:RRC). Commonwealth Of Pennsylvania Pub School Empls Retrmt System holds 0.01% or 12,699 shares in its portfolio.

Since March 17, 2017, it had 2 insider purchases, and 3 sales for $641,034 activity. Walker Ray N JR sold $166,824 worth of Range Resources Corp. (NYSE:RRC) on Friday, June 9. Shares for $662,493 were sold by STEPHENS CHAD L on Friday, May 26. HELMS CHRISTOPHER A bought 4,000 shares worth $109,820. 577 shares valued at $13,369 were sold by Farquharson Alan W on Friday, June 9.

Analysts await Range Resources Corp. (NYSE:RRC) to report earnings on July, 25. They expect $-0.14 earnings per share, up 33.33 % or $0.07 from last year’s $-0.21 per share. After $0.69 actual earnings per share reported by Range Resources Corp. for the previous quarter, Wall Street now forecasts -120.29 % negative EPS growth. About 2.45M shares traded. Range Resources Corp. (NYSE:RRC) has declined 36.05% since July 17, 2016 and is downtrending. It has underperformed by 52.75% the S&P500.

Range Resources Corp. (NYSE:RRC) Ratings Coverage

Among 34 analysts covering Range Resources Corp. (NYSE:RRC), 24 have Buy rating, 2 Sell and 8 Hold. Therefore 71% are positive. Range Resources Corp. had 95 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, March 21 by Macquarie Research. The firm has “Accumulate” rating by KLR Group given on Monday, May 2. The firm earned “Buy” rating on Monday, February 6 by Instinet. On Thursday, March 10 the stock rating was downgraded by Robert W. Baird to “Neutral”. The stock of Range Resources Corp. (NYSE:RRC) earned “Buy” rating by Citigroup on Thursday, April 7. Barclays Capital downgraded it to “Underweight” rating and $24 target in Thursday, March 24 report. The stock has “Buy” rating by BMO Capital Markets on Tuesday, July 11. Raymond James upgraded Range Resources Corp. (NYSE:RRC) on Tuesday, May 17 to “Outperform” rating. The stock of Range Resources Corp. (NYSE:RRC) earned “Buy” rating by Guggenheim on Monday, November 2. On Thursday, November 12 the stock rating was upgraded by RBC Capital Markets to “Outperform”.

Range Resources Corporation is an independent natural gas, natural gas liquids and oil company. The company has market cap of $5.58 billion. The Firm is engaged in the exploration and production of natural gas, NGLs and oil in the United States. It currently has negative earnings. It is engaged in the exploration, development and acquisition of natural gas and crude oil properties located primarily in the Appalachian and North Louisiana regions of the United States.

More important recent Range Resources Corp. (NYSE:RRC) news were published by: Nasdaq.com which released: “August 18th Options Now Available For Range Resources (RRC)” on June 19, 2017, also Zacks.com published article titled: “Range Resources (RRC) to Grow in Marcellus Shale, Debts High”, Nasdaq.com published: “Abraxas to Buy in Delaware Basin, Vend in Powder River Basin” on July 17, 2017. More interesting news about Range Resources Corp. (NYSE:RRC) was released by: Seekingalpha.com and their article: “Is It Time To Consider Range Resources?” with publication date: June 19, 2017.

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