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Range Resources Corp. (RRC) Stock by the Numbers

Wednesday, October 05, 2022 02:52 PM | InvestorsObserver Analysts
Range Resources Corp. (RRC) Stock by the Numbers

Range Resources Corp. (RRC) receives a weak valuation ranking of 7 from InvestorsObserver data analysis. The proprietary ranking system focuses on the underlying health of a company through analysis of its stock price, earnings, and growth rate. RRC has a better value than 7% of stocks based on these valuation analytics. Investors primarily focused on buy-and-hold strategies will find the valuation ranking relevant to their goals when making investment decisions.

Valuation Rank - 7
RRC gets a 7 Valuation Rank today. Find out what this means to you and get the rest of the rankings on RRC!

Metrics Analysis

RRC has a trailing twelve month Price to Earnings (PE) ratio of 13.7. The historical average of roughly 15 shows a average value for RRC stock as investors are paying fair share prices relative to the company's earnings. RRC's average trailing PE ratio shows that the firm has been trading around its fair market value recently. Its trailing 12-month earnings per share (EPS) of 2.06 justifies the stock's current price. However, trailing PE ratios do not factor in the company's projected growth rate, resulting in many newer firms having high PE ratios due to high growth potential enticing investors despite inadequate earnings.
RRC's 12-month-forward PE to Growth (PEG) ratio of 0.17 is considered a good value as the market is undervaluing RRC in relation to the company's projected earnings growth. RRC's PEG comes from its forward price to earnings ratio being divided by its growth rate. A PEG ratio of 1 represents a perfect correlation between earnings growth and share price. Due to their incorporation of more fundamentals of a company's overall health and focusing on the future rather than the past, PEG ratios are one of the most used valuation metrics by analysts today.

Summary

RRC' has a strong valuation at its current share price on account of a undervalued PEG ratio despite strong growth. RRC's PE and PEG are better than the market average leading to a above average valuation score. Click Here to get the full Report on Range Resources Corp. (RRC) stock.

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