The shares of Range Resources Corporation (NYSE:RRC) has been pegged with a rating of Hold by TD Securities in its latest research note that was published on February 27th, 2019. TD Securities wasnâ€™t the only research firm that published a report of Range Resources Corporation, with other equities research analysts also giving their opinion on the stock. KeyBanc Capital Mkts advised investors in its research note published on January 8th, 2019, to Sector Weight the RRC stock. The stock had earned Underperform rating from BofA/Merrill when it published its report on January 4th, 2019. The stock was given Equal Weight rating by CapitalOne in its report released on December 20th, 2018. Stephens was of a view that RRC is Equal-Weight in its latest report on December 6th, 2018 while giving it a price target of $21. MKM Partners thinks that RRC is worth Neutral rating. This was contained in the firmâ€™s report on December 6th, 2018 in which the stockâ€™s price target was also moved to $17.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 15 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $15.53. The price of the stock the last time has raised by 12.36% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 44.77.
The shares of the company added by 1.97% during the trading session on Tuesday, reaching a low of $9.91 while ending the day at $10.36. During the trading session, a total of 8.64 million shares were traded which represents a -22.07% decline from the average session volume which is 7.08M shares. RRC had ended its last session trading at 10.16. Range Resources Corporation currently has a market cap of $2.56B while its P/E earnings growth sits at 0.77, with a beta of 1.17. Range Resources Corporation debt-to-equity ratio currently stands at 0.95, while its quick ratio hovers at 0.80. RRC 52-week low price stands at $9.22 while its 52-week high price is $18.59.
The company in its last quarterly report recorded $0.21 earnings per share which is above the $0.13 predicted by most analysts. The Range Resources Corporation generated $756.63 million in revenue during the last quarter, which is slightly higher than the $691.05 million predicted by analysts. In the second quarter last year, the firm recorded $0.26 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was down by -23.81%. Range Resources Corporation has the potential to record -7.08 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Telsey Advisory Group published a research note on April 11th, 2019 where it informed investors and clients that Bed Bath & Beyond Inc. (NASDAQ:BBBY) is now rated as Market Perform. Their price target on the stock stands at $20. KeyBanc Capital Mkts also rated BBBY as Initiated on January 8th, 2019, with its price target of $20 suggesting that BBBY could down by -9.43% from its current share price. Even though the stock has been trading at $16.88/share, analysts expect it to surge higher by 2.43% to reach $15.80/share. It started the day trading at $17.34 and traded between $16.61 and $17.29 throughout the trading session.
A look at its technical shows that BBBYâ€™s 50-day SMA is 16.22 while its 200-day SMA stands at 15.78. The stock has a high of $21.44 for the year while the low is $10.46. The companyâ€™s P/E ratio currently sits at 7.46, while the P/B ratio is 0.80. At the moment, only of Bed Bath & Beyond Inc. shares were sold short. The companyâ€™s average trading volume currently stands at 7.25M shares, which means that the short-interest ratio is just 6.42 days. Over the past seven days, the company moved, with its shift of -6.39%. Looking further, the stock has raised 15.19% over the past 90 days while it gained 27.79% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. BlackRock Fund Advisors bought more BBBY shares, increasing its portfolio by +2.90% during the last quarter. This move now sees BlackRock Fund Advisors purchasing 424,525 shares in the last quarter, thus it now holds 15,056,001 shares of BBBY, with a total valuation of $255,801,457. Fidelity Management Research Co meanwhile bought more BBBY shares in the recently filed quarter, changing its stake to $245,341,292 worth of shares. The Vanguard Group Inc followed the path by increasing its BBBY portfolio by +1.35% in the quarter. This means that The Vanguard Group Inc bought 164,636 shares in the last quarter and now controls 12,373,372 shares of the BBBY stock, with the valuation hitting $210,223,590.
Similarly, Contrarius Investment Management increased its Bed Bath & Beyond Inc. shares by +32.85% during the recently filed quarter. After buying 2,276,723 shares in the last quarter, the firm now controls 9,207,291 shares of Bed Bath & Beyond Inc. which are valued at $156,431,874. In the same vein, Hotchkis Wiley Capital Manageme decreased its Bed Bath & Beyond Inc. shares by during the most recent reported quarter. The firm sold -160,744 shares during the quarter which decreased its stakes to 7,880,617 shares and is now valued at $133,891,683. Following these latest developments, around 0.20% of Bed Bath & Beyond Inc. stocks are owned by institutional investors and hedge funds.