RPC, Inc (NYSE: RES) is -17.51% lower on its value in year-to-date trading and has touched a low of $4.10 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 $4.30 in the last trading session, with the day’s gains setting it 0.6%.
Currently trading at $4.90, the stock is -6.89% and -12.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.13 million and changing 13.95% at the moment leaves the stock -19.84% off its SMA200. RES registered -37.97% loss for a year compared to 6-month loss of -31.37%. The firm has a 50-day simple moving average (SMA 50) of $5.5988 and a 200-day simple moving average (SMA200) of $6.1124.
The stock witnessed a -7.37% gain in the last 1 month and extending the period to 3 months gives it a -21.35%, and is -14.34% 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 13.24% over the week and 5.98% over the month.
RPC, Inc (RES) has around 2597 employees, a market worth around $1.06B and $1.42B in sales. Current P/E ratio is 11.55 and Fwd P/E is 9.80. Profit margin for the company is 6.35%. Distance from 52-week low is 19.51% and -40.17% from its 52-week high. The company has generated returns on investments over the last 12 months (8.16%).
with sales reaching $326.71M over the same period.The EPS is expected to shrink by -20.35% this year, but quarterly earnings will post 0.54% year-over-year. Quarterly sales are estimated to shrink -13.53% in year-over-year returns.
282.0 institutions hold shares in RPC, Inc (RES), with institutional investors hold 115.93% of the company’s shares. The shares outstanding are 214.94M, and float is at 95.65M with Short Float at 19.72%. Institutions hold 44.96% 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 6.904 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.
