$35.97
0.38% today
NYSE, Nov 26, 05:15 pm CET
ISIN
US75281A1097
Symbol
RRC

Range Resources Target price 2024 - Analyst rating & recommendation

Range Resources Classifications & Recommendation:

Buy
24%
Hold
62%
Sell
14%

Range Resources Price Target

Target Price $35.38
Price $35.83
Deviation
Number of Estimates 24
24 Analysts have issued a price target Range Resources 2025 . The average Range Resources target price is $35.38. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 29 analysts: 7 Analysts recommend Range Resources to buy, 18 to hold and 4 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 2.48
52.14% 2.80%
EBITDA Margin 34.83% 47.10%
43.72% 35.22%
Net Margin 33.74% 12.55%
59.06% 62.80%

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
9.57% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$2.6b 16.21%
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, the lowest is
$2.3b 2.68%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $2.6b 52.14%
2024
$2.5b 2.80%
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2025
$3.0b 19.19%
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2026
$3.1b 4.67%
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2027
$3.5b 14.62%
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2028
$3.6b 0.59%
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20 Analysts have issued an Range Resources EBITDA forecast 2024. The average Range Resources EBITDA estimate is

$1.2b
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. This is
84.79% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$1.2b 95.69%
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, the lowest is
$1.0b 64.29%
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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 31.45%
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2025
$1.4b 21.60%
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2026
$1.5b 5.33%
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2027
$1.6b 4.79%
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2028
$1.8b 17.40%
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EBITDA Margin

2023 34.83% 43.72%
2024
47.10% 35.22%
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2025
48.06% 2.04%
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2026
48.36% 0.62%
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2027
44.21% 8.58%
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2028
51.60% 16.72%
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13 Range Resources Analysts have issued a net profit forecast 2024. The average Range Resources net profit estimate is

$311m
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. This is
34.50% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$367m 22.84%
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, the lowest is
$282m 40.61%
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.

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

Net Profit Estimates

2023 $861m 23.88%
2024
$311m 63.86%
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2025
$693m 122.61%
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2026
$753m 8.62%
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2027
$1.0b 37.50%
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2028
$1.0b 0.70%
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Net Margin

2023 33.74% 59.06%
2024
12.55% 62.80%
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2025
23.43% 86.69%
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2026
24.31% 3.76%
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2027
29.17% 19.99%
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2028
29.20% 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 1.29
23.88% 63.87%
P/E 27.77
EV/Sales 4.11

13 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

$1.29
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. This is
34.52% 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
$1.52 22.84%
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, the lowest is
$1.17 40.61%
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.

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

Earnings Per Share

2023 $3.57 23.88%
2024
$1.29 63.87%
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2025
$2.87 122.48%
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2026
$3.12 8.71%
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2027
$4.29 37.50%
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2028
$4.32 0.70%
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P/E ratio

Current 18.20 203.84%
2024
27.77 52.58%
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2025
12.47 55.10%
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2026
11.48 7.94%
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2027
8.35 27.26%
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2028
8.29 0.72%
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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 4.50 43.31%
2024
4.11 8.70%
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2025
3.45 16.10%
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2026
3.29 4.46%
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2027
2.87 12.76%
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2028
2.86 0.59%
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P/S ratio

Current 3.82 45.84%
2024
3.48 8.73%
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2025
2.92 16.10%
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2026
2.79 4.46%
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2027
2.44 12.76%
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2028
2.42 0.59%
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