RPC, Inc (NYSE: RES) is -22.39% 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 $5.73 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $5.65, the stock is -8.42% and -8.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.66 million and changing -1.40% at the moment leaves the stock -14.53% off its SMA200. RES registered -23.55% loss for a year compared to 6-month loss of -7.83%. The firm has a 50-day simple moving average (SMA 50) of $6.1654 and a 200-day simple moving average (SMA200) of $6.6105.
The stock witnessed a -3.25% gain in the last 1 month and extending the period to 3 months gives it a -14.00%, and is -8.28% 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 3.71% over the week and 4.22% over the month.
RPC, Inc (RES) has around 2691 employees, a market worth around $1.21B and $1.47B in sales. Current P/E ratio is 10.28 and Fwd P/E is 13.32. Profit margin for the company is 7.94%. Distance from 52-week low is 0.36% and -31.01% from its 52-week high. The company has generated returns on investments over the last 12 months (10.68%).
with sales reaching $329.73M over the same period.The EPS is expected to shrink by -54.30% this year, but quarterly earnings will post -12.88% year-over-year. Quarterly sales are estimated to shrink -16.42% in year-over-year returns.
298.0 institutions hold shares in RPC, Inc (RES), with institutional investors hold 119.74% of the company’s shares. The shares outstanding are 214.97M, and float is at 95.42M with Short Float at 17.59%. Institutions hold 47.04% 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.
