RPC, Inc (NYSE: RES) is -12.46% 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 $5.20 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $5.20, the stock is 9.80% and 8.30% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing 0.00% at the moment leaves the stock -9.50% off its SMA200. RES registered -14.61% loss for a year compared to 6-month loss of -14.75%.
The stock witnessed a 9.47% gain in the last 1 month and extending the period to 3 months gives it a -5.97%, and is 5.05% 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 2.08% over the week and 2.27% over the month.
RPC, Inc (RES) has around 2597 employees, a market worth around $1.15B and $1.37B in sales. Current P/E ratio is 14.77 and Fwd P/E is 11.79. Profit margin for the company is 5.45%. Distance from 52-week low is 26.83% and -30.99% from its 52-week high. The company has generated returns on investments over the last 12 months (6.77%).
The EPS is expected to shrink by -20.99% this year
The shares outstanding are 216.02M, and float is at 97.41M with Short Float at 17.68%.
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 4.95 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.
