RPC, Inc (NYSE: RES) is -11.68% lower on its value in year-to-date trading and has touched a low of $5.63 and a high of $8.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RES stock was last observed hovering at around $6.44 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $6.43, the stock is 5.27% and 1.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.83 million and changing -0.16% at the moment leaves the stock -3.93% off its SMA200. RES registered -11.31% loss for a year compared to 6-month loss of -2.13%. The firm has a 50-day simple moving average (SMA 50) of $6.3244 and a 200-day simple moving average (SMA200) of $6.69745.
The stock witnessed a 13.20% gain in the last 1 month and extending the period to 3 months gives it a 4.89%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.93% over the week and 3.63% over the month.
RPC, Inc (RES) has around 2691 employees, a market worth around $1.39B and $1.47B in sales. Current P/E ratio is 11.70 and Fwd P/E is 15.16. Profit margin for the company is 7.94%. Distance from 52-week low is 14.21% and -21.49% from its 52-week high. The company has generated returns on investments over the last 12 months (10.68%).
The EPS is expected to shrink by -54.30% this year.
RPC, Inc (RES) Top Institutional Holders
298.0 institutions hold shares in RPC, Inc (RES), with institutional investors hold 119.70% of the company’s shares. The shares outstanding are 214.97M, and float is at 95.42M with Short Float at 18.32%. Institutions hold 47.03% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 14.58 million shares valued at $91.15 million. The investor’s holdings represent 6.8893% of the RES Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.7 million shares valued at $66.88 million to account for 5.055 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 10.46 million shares representing 4.9395% and valued at over $65.35 million, while PACER ADVISORS, INC. holds 4.0902 of the shares totaling 8.66 million with a market value of $54.12 million.
RPC, Inc (RES) Insider Activity
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