RPC, Inc (NYSE: RES) is -20.37% lower on its value in year-to-date trading and has touched a low of $4.10 and a high of $7.53 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 $4.98 in the last trading session, with the day’s loss setting it -0.25%.
Currently trading at $4.73, the stock is -2.61% and -9.92% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing -5.02% at the moment leaves the stock -21.56% off its SMA200. RES registered -33.57% loss for a year compared to 6-month loss of -20.77%. The firm has a 50-day simple moving average (SMA 50) of $5.2508 and a 200-day simple moving average (SMA200) of $6.0303.
The stock witnessed a -14.00% gain in the last 1 month and extending the period to 3 months gives it a -26.32%, and is -4.06% 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 5.50% over the week and 6.78% over the month.
RPC, Inc (RES) has around 2597 employees, a market worth around $1.04B and $1.37B in sales. Current P/E ratio is 13.43 and Fwd P/E is 10.43. Profit margin for the company is 5.45%. Distance from 52-week low is 15.37% and -37.23% from its 52-week high. The company has generated returns on investments over the last 12 months (6.77%).
with sales reaching $412.5M over the same period.The EPS is expected to shrink by -22.74% this year, but quarterly earnings will post 18.05% year-over-year. Quarterly sales are estimated to grow 13.28% in year-over-year returns.
281.0 institutions hold shares in RPC, Inc (RES), with institutional investors hold 109.97% of the company’s shares. The shares outstanding are 216.02M, and float is at 97.64M with Short Float at 16.63%. Institutions hold 44.03% 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 5.0657 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.
