Wells Fargo Company Forecasts Strong Price Appreciation for Range Resources Stock
RRC Stock | USD 33.18 0.04 0.12% |
About 57% of Range Resources' investor base is looking to short. The current sentiment of investing in Range Resources Corp suggests that many traders are alarmed. The current market sentiment, together with Range Resources' historical and current headlines, can help investors time the market. In addition, many technical investors use Range Resources Corp stock news signals to limit their universe of possible portfolio assets.
Range |
Range Resources had its price objective boosted by Wells Fargo Company from 38.00 to 40.00 in a report released on Tuesday,Benzinga reports. The firm currently has an overweight rating on the oil and gas exploration companys stock. RRC has been the subject of several other research reports. Piper Sandler lowered
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Range Resources Corp Current Investor Sentiment
Panic Vs Confidence
43
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Range Resources' input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Range Resources Corp.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Range Resources Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Range Resources can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Range Resources Fundamental Analysis
We analyze Range Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Range Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Range Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Range Resources is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Range Resources Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Range Resources stock to make a market-neutral strategy. Peer analysis of Range Resources could also be used in its relative valuation, which is a method of valuing Range Resources by comparing valuation metrics with similar companies.
Peers
Range Resources Related Equities
CRK | Comstock Resources | 2.20 | ||||
FANG | Diamondback Energy | 1.23 | ||||
EQT | EQT | 0.80 | ||||
PR | Permian Resources | 0.59 | ||||
AR | Antero Resources | 0.23 | ||||
CIVI | Civitas Resources | 0.09 | ||||
CTRA | Coterra Energy | 0.04 | ||||
SM | SM Energy | 0.49 | ||||
MGY | Magnolia Oil | 1.08 | ||||
EOG | EOG Resources | 1.18 |
Complementary Tools for Range Stock analysis
When running Range Resources' price analysis, check to measure Range Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Range Resources is operating at the current time. Most of Range Resources' value examination focuses on studying past and present price action to predict the probability of Range Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Range Resources' price. Additionally, you may evaluate how the addition of Range Resources to your portfolios can decrease your overall portfolio volatility.
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