RPC, Inc (NYSE: RES) is -12.79% lower on its value in year-to-date trading and has touched a low of $5.05 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 $5.29 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $5.18, the stock is -11.21% and -15.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.91 million and changing -2.08% at the moment leaves the stock -17.46% off its SMA200. RES registered -31.03% loss for a year compared to 6-month loss of -19.31%.
The stock witnessed a -17.25% gain in the last 1 month and extending the period to 3 months gives it a -19.57%, and is -6.33% 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 4.84% over the week and 3.96% over the month.
RPC, Inc (RES) has around 2597 employees, a market worth around $1.12B and $1.42B in sales. Current P/E ratio is 12.21 and Fwd P/E is 10.87. Profit margin for the company is 6.35%. Distance from 52-week low is 2.47% and -36.75% from its 52-week high. The company has generated returns on investments over the last 12 months (8.16%).
The EPS is expected to shrink by -25.58% this year
The shares outstanding are 214.94M, and float is at 95.65M with Short Float at 17.22%.
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.
RPC, Inc (RES) Insider Activity
A total of 0 insider transactions have happened at RPC, Inc (RES) in the last six months, with sales accounting for 0 and purchases happening 0 times.
RPC, Inc (RES): Who are the competitors?
One of the company’s main competitors (and peers) include Schlumberger Ltd. (SLB) that is trading -21.19% down over the past 12 months.Patterson-UTI Energy Inc. (PTEN) lies in the list of competitors of the RPC, Inc and is -37.34% lower over the same period from RESBaker Hughes Co. (BKR) is 38.48% up on the 1-year trading charts.
