RPC, Inc (NYSE: RES) is -18.52% 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 $4.66 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $4.84, the stock is -7.08% and -12.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.02 million and changing 3.86% at the moment leaves the stock -20.61% off its SMA200. RES registered -39.80% loss for a year compared to 6-month loss of -30.26%. The firm has a 50-day simple moving average (SMA 50) of $5.537 and a 200-day simple moving average (SMA200) of $6.09635.
The stock witnessed a -7.46% gain in the last 1 month and extending the period to 3 months gives it a -23.78%, and is 12.04% up 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 11.73% over the week and 6.07% over the month.
RPC, Inc (RES) has around 2597 employees, a market worth around $1.05B and $1.42B in sales. Current P/E ratio is 11.41 and Fwd P/E is 9.68. Profit margin for the company is 6.35%. Distance from 52-week low is 18.05% and -40.90% 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.
RPC, Inc (RES) Top Institutional Holders
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 16.14%. 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.
RPC, Inc (RES) Insider Activity
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