Market Insights: RPC, Inc (RES)’s Notable Drop of -6.83%, Closing at $4.23

Kevin Freeman

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

As of close of business last night, RPC, Inc’s stock clocked out at $4.23, down -6.83% from its previous closing price of $4.54. In other words, the price has decreased by -$6.83 from its previous closing price. On the day, 1.49 million shares were traded. RES stock price reached its highest trading level at $4.52 during the session, while it also had its lowest trading level at $4.215.

Ratios:

To gain a deeper understanding of RES’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.32. For the most recent quarter (mrq), Quick Ratio is recorded 2.16 and its Current Ratio is at 2.64. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.

On June 16, 2023, Citigroup Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $8.25 to $7.

Johnson Rice Upgraded its Hold to Accumulate on April 28, 2022, while the target price for the stock was maintained at $13.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RES now has a Market Capitalization of 933209408 and an Enterprise Value of 836556160. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.00, and their Forward P/E ratio for the next fiscal year is 14.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.586 whereas that against EBITDA is 4.08.

Stock Price History:

The Beta on a monthly basis for RES is 0.80, which has changed by -0.39571428 over the last 52 weeks, in comparison to a change of 0.118204355 over the same period for the S&P500. Over the past 52 weeks, RES has reached a high of $7.17, while it has fallen to a 52-week low of $4.10. The 50-Day Moving Average of the stock is -8.37%, while the 200-Day Moving Average is calculated to be -17.85%.

Shares Statistics:

It appears that RES traded 1.63M shares on average per day over the past three months and 1139130 shares per day over the past ten days. A total of 220.62M shares are outstanding, with a floating share count of 97.40M. Insiders hold about 55.85% of the company’s shares, while institutions hold 43.21% stake in the company. Shares short for RES as of 1759190400 were 17200289 with a Short Ratio of 10.58, compared to 1756425600 on 16783415. Therefore, it implies a Short% of Shares Outstanding of 17200289 and a Short% of Float of 19.129999.

Dividends & Splits

With its trailing 12-month dividend rate of 0.16, RES has a forward annual dividend rate of 0.16. Against a Trailing Annual Dividend Yield of 0.03524229. The stock’s 5-year Average Dividend Yield is 2.16. The current Payout Ratio is 37.62% for RES, which recently paid a dividend on 2025-08-11 with an ex-dividend date of 2025-08-11. Stock splits for the company last occurred on 2012-03-12 when the company split stock in a 3:2 ratio.

Earnings Estimates

. The current assessment of RPC, Inc (RES) involves the perspectives of 4.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.06, with high estimates of $0.09 and low estimates of $0.02.

Analysts are recommending an EPS of between $0.29 and $0.21 for the fiscal current year, implying an average EPS of $0.25. EPS for the following year is $0.28, with 4.0 analysts recommending between $0.36 and $0.2.

Revenue Estimates

In. The current quarter, 4 analysts expect revenue to total $402.31M. It ranges from a high estimate of $418M to a low estimate of $382.25M. As of. The current estimate, RPC, Inc’s year-ago sales were $337.65MFor the next quarter, 4 analysts are estimating revenue of $386.01M. There is a high estimate of $410M for the next quarter, whereas the lowest estimate is $361.05M.

A total of 4 analysts have provided revenue estimates for RES’s current fiscal year. The highest revenue estimate was $1.58B, while the lowest revenue estimate was $1.5B, resulting in an average revenue estimate of $1.54B. In the same quarter a year ago, actual revenue was $1.41BBased on 5 analysts’ estimates, the company’s revenue will be $1.64B in the next fiscal year. The high estimate is $1.78B and the low estimate is $1.57B.

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