RPC, Inc (NYSE: RES) is -14.21% 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 $4.8 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $4.95, the stock is 0.04% and 2.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.27 million and changing 3.12% at the moment leaves the stock -11.01% off its SMA200. RES registered -16.67% loss for a year compared to 6-month loss of -26.88%. The firm has a 50-day simple moving average (SMA 50) of $4.831 and a 200-day simple moving average (SMA200) of $5.56265.
The stock witnessed a 4.87% gain in the last 1 month and extending the period to 3 months gives it a -2.17%, and is 6.00% 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 4.75% over the week and 4.27% over the month.
RPC, Inc (RES) has around 2597 employees, a market worth around $1.09B and $1.43B in sales. Current P/E ratio is 19.90 and Fwd P/E is 13.52. Profit margin for the company is 3.71%. Distance from 52-week low is 20.73% and -34.31% from its 52-week high. The company has generated returns on investments over the last 12 months (4.63%).
with sales reaching $403.91M over the same period.The EPS is expected to shrink by -27.97% this year, but quarterly earnings will post 10.08% year-over-year. Quarterly sales are estimated to grow 19.62% in year-over-year returns.
RPC, Inc (RES) Top Institutional Holders
285.0 institutions hold shares in RPC, Inc (RES), with institutional investors hold 104.50% of the company’s shares. The shares outstanding are 220.62M, and float is at 97.43M with Short Float at 15.66%. Institutions hold 42.49% 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 4.95% 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.
