RPC, Inc (NYSE: RES) is 1.52% higher on its value in year-to-date trading and has touched a low of $5.54 and a high of $8.19 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RES stock was last observed hovering at around $6.11 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $6.03, the stock is -6.24% and -3.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing -1.31% at the moment leaves the stock -5.04% off its SMA200. RES registered -13.11% loss for a year compared to 6-month gain of -5.78%. The firm has a 50-day simple moving average (SMA 50) of $6.2264 and a 200-day simple moving average (SMA200) of $6.3565.
The stock witnessed a -5.93% loss in the last 1 month and extending the period to 3 months gives it a 0.33%, and is -3.05% 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 4.04% over the week and 4.88% over the month.
RPC, Inc (RES) has around 2691 employees, a market worth around $1.30B and $1.42B in sales. Current P/E ratio is 14.17 and Fwd P/E is 12.65. Profit margin for the company is 6.37%. Distance from 52-week low is 8.84% and -26.37% from its 52-week high. The company has generated returns on investments over the last 12 months (8.20%).
with sales reaching $328.3M over the same period.The EPS is expected to shrink by -25.58% this year, but quarterly earnings will post -4.37% year-over-year. Quarterly sales are estimated to shrink -13.11% in year-over-year returns.
The shares outstanding are 214.97M, and float is at 95.16M with Short Float at 17.71%.
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.
