California Resources Corporation (NYSE:CRC) Quarterly Sales Review
- Author: Zachary Reyes May 28, 2017,
May 28, 2017, 12:41
(NYSE:RRC). Investec Asset Management North America has 101,454 shares for 0.52% of their portfolio. The institutional investor bought 44,500 shares of the oil and gas producer's stock, valued at approximately $669,000. Blackrock Advsrs Limited Company has invested 0.01% in Range Resources Corp. (NYSE:RRC) for 4,078 shares. Honeywell stated it has 417,700 shares or 0.48% of all its holdings. Ameritas Investment Prns Inc has 37,871 shares for 0.07% of their portfolio. CENTRAL TRUST Co boosted its position in Range Resources Corp.by 997.2% in the third quarter. Menta Capital Limited Liability Co holds 8,000 shares. Its Price to Cash Flow ratio shows the value of 0.56, whereas, the industry and sector ratio of Price to Cash Flow ticked at 7.6 and 9.35 respectively. Kanaly Tru holds 0.01% of its portfolio in AGCO Corporation (NYSE:AGCO) for 451 shares. "(RRC) Receives Coverage Optimism Score of 0.25" was posted by Sports Perspectives and is owned by of Sports Perspectives.
Range Resources Corporation (RRC) will report its next earnings on April 24 AMC. 7,640 were reported by Paloma Prtnrs Mngmt. Analysts predict that California Resources Corp will post ($3.50) earnings per share for the current year.
Since January 3, 2017, it had 1 insider purchase, and 4 insider sales for $2.65 million activity. On Tuesday, January 3 MANNY ROGER S sold $652,000 worth of Range Resources Corp. Shares for $1.58M were sold by VENTURA JEFFREY L. The insider Farquharson Alan W sold $76,317. (NYSE:RRC) on Thursday, January 28 to "Equal Weight" rating. Walker Ray N JR sold $448,380 worth of stock or 13,754 shares. KLR Group reaffirmed a buy rating and set a $60.00 target price (up previously from $59.00) on shares of Range Resources Corp.in a research note on Friday, February 24th. The Higher end of the revenue forecast is $588.2 Million, while the Lower end of the forecast is $497.9 Million. The 8 months bearish chart indicates high risk for the $5.94 billion company. The stock rose 1.53% or $0.37 reaching $24.51. If the $22.01 price target is reached, the company will be worth $534.60M less. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them.
US based company, California Resources Corporation (CRC)'s latest closing price was -19.98% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at -9.70% and -3.40% compared with the 20 Day Moving Average. It has underperformed by 32.23% the S&P500.
Analysts await Range Resources Corp. (NYSE:RRC) will report earnings per share of $0.1 in their quarterly report and it is expected to announce the company's results on 7/25/17.
Among 34 analysts covering Range Resources Corp. Analysts have a mean recommendation of 2.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 68% are positive. Investors may also be paying close concentration to some simple moving average indicators on shares of Range Resources Corporation (RRC). LLC now owns 138,899 shares of the oil and gas exploration company's stock valued at $5,382,000 after buying an additional 9,700 shares during the period. The rating was initiated by Johnson Rice on Friday, September 25 with "Accumulate". Scotiabank reiterated a buy rating and set a $49.00 price target on shares of Range Resources Corp.in a report on Tuesday, February 21st. Range Resources Corp. now has a consensus rating of "Buy" and a consensus price target of $45.25. The stock of AGCO Corporation (NYSE:AGCO) has "Underweight" rating given on Monday, June 27 by JP Morgan. The firm has "Neutral" rating given on Tuesday, January 26 by Susquehanna. Citigroup maintained AGCO Corporation (NYSE:AGCO) on Friday, July 15 with "Neutral" rating. Deutsche Bank maintained Range Resources Corp.
More news for Range Resources Corp. Apg Asset Management Nv owns 0.01% invested in Range Resources Corp. (NYSE:RRC) were released by: Gurufocus.com and their article: "Petroleum & Resources Corp Buys Williams, Enbridge, Range Resources, Sells ..." published on April 28, 2017 as well as Forbes.com's news article titled: "Unloved Natural Gas Producer Range Resources Worth A Look" with publication date: April 25, 2017. The Company is engaged in the exploration and production of natural gas, NGLs and oil in the United States. The company has a market capitalization of $491.09 million, a price-to-earnings ratio of 1.27 and a beta of 6.79.