$29.39
1.24% today
NYSE, Sep 16, 08:15 pm CET
ISIN
US75281A1097
Symbol
RRC
Sector
Industry

Range Resources Target price 2024 - Analyst rating & recommendation

Range Resources Classifications & Recommendation:

Buy
25%
Hold
57%
Sell
18%

Range Resources Price Target

Target Price $35.96
Price $29.03
Potential
Number of Estimates 23
23 Analysts have issued a price target Range Resources 2025 . The average Range Resources target price is $35.96. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 28 analysts: 7 Analysts recommend Range Resources to buy, 16 to hold and 5 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Range Resources stock has an average upside potential 2025 of . Most analysts recommend the Range Resources stock at Hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 2.55 2.54
52.14% 0.36%
EBITDA Margin 34.83% 46.23%
43.72% 32.72%
Net Margin 33.89% 15.21%
59.06% 55.12%

16 Analysts have issued a sales forecast Range Resources 2024 . The average Range Resources sales estimate is

$2.5b
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. This is
12.14% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$2.8b 21.84%
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, the lowest is
$2.2b 3.82%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $2.6b 52.14%
2024
$2.5b 0.36%
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2025
$3.0b 18.76%
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2026
$3.2b 5.11%
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2027
$3.5b 11.70%
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2028
$3.6b 0.85%
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21 Analysts have issued an Range Resources EBITDA forecast 2024. The average Range Resources EBITDA estimate is

$1.2b
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. This is
79.84% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.3b 101.84%
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, the lowest is
$1.0b 54.18%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $889m 73.07%
2024
$1.2b 32.24%
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2025
$1.5b 27.19%
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2026
$1.6b 5.92%
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2027
$1.8b 11.83%
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2028
$1.8b 3.89%
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EBITDA Margin

2023 34.83% 43.72%
2024
46.23% 32.72%
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2025
49.51% 7.09%
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2026
49.90% 0.79%
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2027
49.96% 0.12%
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2028
51.47% 3.02%
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12 Range Resources Analysts have issued a net profit forecast 2024. The average Range Resources net profit estimate is

$387m
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. This is
18.58% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$490m 3.06%
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, the lowest is
$269m 43.37%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $865m 23.88%
2024
$387m 55.30%
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2025
$722m 86.71%
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2026
$817m 13.16%
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2027
$1.0b 26.35%
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2028
$1.0b 0.94%
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Net Margin

2023 33.89% 59.06%
2024
15.21% 55.12%
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2025
23.91% 57.20%
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2026
25.74% 7.65%
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2027
29.11% 13.09%
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2028
29.14% 0.10%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 3.57 1.60
23.88% 55.18%
P/E 18.19
EV/Sales 3.39

12 Analysts have issued a Range Resources forecast for earnings per share. The average Range Resources <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$1.60
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. This is
18.37% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$2.02 3.06%
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, the lowest is
$1.11 43.37%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $3.57 23.88%
2024
$1.60 55.18%
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2025
$2.98 86.25%
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2026
$3.37 13.09%
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2027
$4.26 26.41%
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2028
$4.30 0.94%
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P/E ratio

Current 14.80 195.41%
2024
18.19 22.91%
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2025
9.74 46.45%
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2026
8.61 11.60%
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2027
6.81 20.91%
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2028
6.75 0.88%
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Based on analysts' sales estimates for 2024, the Range Resources stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.80 63.79%
2024
3.39 10.86%
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2025
2.85 15.80%
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2026
2.71 4.86%
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2027
2.43 10.47%
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2028
2.41 0.84%
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P/S ratio

Current 3.10 61.26%
2024
2.76 10.82%
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2025
2.33 15.79%
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2026
2.21 4.86%
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2027
1.98 10.47%
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2028
1.96 0.84%
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