A score above three means the company is not likely to go bankrupt, while score less than 1.8 suggests the firm is probably headed for bankruptcy.
California Resources Corporation (CRC) is sinking -1.08% to $7.35.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Teachers Advisors LLC boosted its position in California Resources Corporation by 2.9% in the first quarter. Vanguard Group Inc. now owns 1,542,196 shares of the energy company's stock valued at $11,875,000 after buying an additional 314,072 shares during the last quarter.
Since March 17, 2017, it had 2 insider buys, and 3 insider sales for $641,034 activity. On Monday, March 21 the stock rating was downgraded by Macquarie Research to "Neutral". Vanguard Group Inc. raised its position in Halcon Resources Corporation by 25.6% in the first quarter. The current consensus analyst recommendation is sitting at 1.70 on company shares. The correct version of this piece can be viewed at https://www.thestockobserver.com/2017/07/11/blue-ridge-capital-l-l-c-holds-position-in-range-resources-corporation-rrc-updated-updated.html. It closed at $21.33 lastly. If the share price is now hovering near the 52 week low and the value is achieved in the current past then it can suggest that the price of the shares is likely to go up. They now have a Dollars 6 price target on the stock.
The Return on Assets for Range Resources Corporation (NYSE:RRC) is -0.038437. The oil and gas producer reported ($1.02) earnings per share for the quarter, topping the consensus estimate of ($1.25) by $0.23.
In case of Revenue Estimates, 5 analysts have provided their consensus Average Revenue Estimates for California Resources Corporation as 489.85 Million. The company's revenue was up 83.2% compared to the same quarter past year. They expect $0.22 EPS, down 52.17% or $0.24 from last year's $0.46 per share. 7,200 shares were sold by Walker Ray N JR, worth $166,824 on Friday, June 9. This represents a $0.08 annualized dividend and a yield of 0.37%. The firm earned "Hold" rating on Tuesday, June 14 by Deutsche Bank. Range Resources Corp. (NYSE:RRC) has declined 36.05% since July 11, 2016 and is downtrending.
WARNING: This piece of content was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. $13,369 worth of Range Resources Corp.
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Several research analysts recently weighed in on the stock.
Among analysts who offered their Analysis on California Resources Corporation (CRC)-0 analysts issued Buy for the stock, 1 analysts gave Outperform rating, 5 think it's a Hold, 2 issued Underperform, while 0 analyst gave a Sell rating.
University Of Notre Dame Du Lac increased Citizens Finl Group Inc (CFG) stake by 60.26% reported in 2016Q4 SEC filing. The rating was upgraded by Stifel Nicolaus on Friday, July 8 to "Buy". "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold".
KCG Holdings Inc. raised its position in shares of Antero Resources Corporation (NYSE:AR) by 278.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The rating was downgraded by Nomura on Wednesday, June 8 to "Neutral". One investment analyst has rated the stock with a sell rating, ten have issued a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. Analysts‟ target price forecasts are a prediction of a stock‟s future price, generally over the 12 months following the release date (Asquith et al., 2005). The firm earned "Market Perform" rating on Tuesday, March 22 by Raymond James. They now have a United States dollars 14 price target on the stock. Meanwhile, due to an ongoing pressure which caused a decline of nearly -21.64% in the past five days, the stock price is now down -65.48% so far on the year - still in weak territory.
Partner Investment Management Lp increased Range Res Corp (RRC) stake by 113.98% reported in 2016Q4 SEC filing.
While looking at the Stock's Performance, California Resources Corporation now shows a Weekly Performance of -21.64%, where Monthly Performance is -31.88%, Quarterly performance is -50.24%, 6 Months performance is -66.55% and yearly performance percentage is -35.01%. The company has market cap of $31.76 billion. Psagot Inv House Ltd holds 500 shares or 0% of its portfolio. The shares were purchased at an average price of $8.60.
Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil company. (NYSE:RRC). Global X Mgmt Co Ltd Liability Co invested 0.01% of its portfolio in Range Resources Corp.