Looking at top Wall Street opinions, Range Resources Corporation (NYSE: RRC) has recently made its way into the research list of TD Securities – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Hold in the eyes of TD Securities, whereas its previous rating was Buy in the eyes of TD Securities, as reported on Wednesday, February 27th, 2019. Another heavy-hitting research note was published by KeyBanc Capital Mkts on Tuesday January 8th, 2019, with this firm Initiated RRC to an updated rating of Sector Weight. In the past six months and three months of trading, shares of Range Resources Corporation (RRC) have moved by -38.14% and 1.22%, respectively.

Brokerage Updates Related to Range Resources Corporation (RRC) Stock

This publicly-traded organization generated losses of -3.74% over the last 5 sessions. Right now, this stock is the subject of 30 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 3 have given an underperform rating, 0 has given a sell rating, and 5 have given a rating of Buy or better. Based on the 30 stock market experts following this company, the average 12-month price target is $15.53. Moreover, individual price targets range between $10.00-$25.00. With its recent move to $15.00, we can see that these firms project this stock will loss by -25.48% in one year.

Updates from Range Resources Corporation (RRC) SEC Form 4

This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.80% rise since the beginning of the calendar year. A Director at Range Resources Corporation (RRC) bought some of its shares in a transaction that was finalized on Mar 11. Similarly, GRAY STEVEN D bought 20,000 shares of the organization’s stock at $10.95 apiece and racked up $218,924 in earnings from the purchase. Now, GRAY STEVEN D holds 20,000 shares of the company following the exchange. A 10% Owner of the organization named SailingStone Capital Partners , was engaged in a transaction that occurred on Sep 06 that managed to be worth $7,197 from the purchase of 483 common shares at a price of $14.90 per individual share.

Range Resources Corporation (NYSE:RRC) Results in the Pipeline

The next scheduled release of financial results for Range Resources Corporation will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.13. In the same vein, they expect sales for the quarter to amount to $691.05 million.

Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $756.63 million in revenue alongside EPS at $0.21. On average, the analyst projection was calling for $736.43 million with $0.26 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $661.39 million, with earnings per share ending up at $0.20.

Halcon Resources Corporation (NYSE:HK) experienced a gain of 8.33% from the closing price in the previous trading day. That boost the price to $1.43 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 3,767,028 shares of stock – compared to the typical average of 4.69M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $3.19.

Pricing Indications for Halcon Resources Corporation (HK)

This organization has had a price-to-earnings ratio of 5.05 in the last year. Meanwhile, it gained 1.52 from its observable 50-day simple moving average. Right at this moment, the per-share value is -52.56% lower than the mean per-share price over the last 200 days in the market.

Halcon Resources Corporation (NYSE:HK) In-Depth Brokerage Insights

We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 0 have a Buy rating, 1 have an outperform rating, while 4 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 3 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 3.20 , based on information from Thomson Reuters.

HK Stock Value Potential

In trading activity as of late, this stock’s value was 3.00 up from its 200 day moving average, while also -6.27% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $2.00-$4.50. The market value for the entire organization reached 226.17M. In the last trading session, the price ended the day at $1.32. The institutional holdings related to this organization account for 1.70%, and the Beta factor is now 3.74. This company’s RSI (Relative Strength Index) managed to hit 53.00.

Halcon Resources Corporation (NYSE:HK) Analyst Points of Focus

Halcon Resources Corporation (HK) has found itself inside of Imperial Capital’s research list, so their analyst rating adjustment is worth taking note of. This stock was downgraded to In-line, compared to its previous rating of Outperform by Imperial Capital, as garnered from a news report on Tuesday February 26th, 2019. An additional helpful research note was sent out by BofA/Merrill’s on Friday January 4th, 2019. The brokerage decided to downgrade HK to Underperform from its previous rating of Neutral.