RPC, Inc (NYSE: RES) is -6.90% lower 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 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 $5.67 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $5.53, the stock is -8.70% and -10.36% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing -2.47% at the moment leaves the stock -12.39% off its SMA200. RES registered -23.72% loss for a year compared to 6-month gain of -14.66%.
The stock witnessed a -15.83% loss in the last 1 month and extending the period to 3 months gives it a -10.08%, and is -9.05% 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 3.66% over the week and 4.57% over the month.
RPC, Inc (RES) has around 2691 employees, a market worth around $1.19B and $1.42B in sales. Current P/E ratio is 12.99 and Fwd P/E is 11.60. Profit margin for the company is 6.37%. Distance from 52-week low is -0.18% and -32.48% from its 52-week high. The company has generated returns on investments over the last 12 months (8.20%).
The EPS is expected to shrink by -25.58% this year
The shares outstanding are 214.97M, and float is at 95.17M with Short Float at 17.70%.
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 $$65.35 million, while PACER ADVISORS, INC. holds 4.0989 of the shares totaling 8.66 million with a market value of $$54.12 million.
