Trading Day Review: RPC, Inc (RES) Gains Momentum, Closing at $5.66

Abby Carey

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The price of RPC, Inc (NYSE: RES) closed at $5.66 in the last session, up 3.10% from day before closing price of $5.49. In other words, the price has increased by $3.10 from its previous closing price. On the day, 2.34 million shares were traded. RES stock price reached its highest trading level at $5.675 during the session, while it also had its lowest trading level at $5.53.

Ratios:

We take a closer look at RES’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.56. For the most recent quarter (mrq), Quick Ratio is recorded 2.31 and its Current Ratio is at 2.78. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.

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 1248691456 and an Enterprise Value of 1145117440. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.72, and their Forward P/E ratio for the next fiscal year is 20.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 0.745 whereas that against EBITDA is 5.196.

Stock Price History:

The Beta on a monthly basis for RES is 0.63, which has changed by -0.028318584 over the last 52 weeks, in comparison to a change of 0.15905356 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 9.08%, while the 200-Day Moving Average is calculated to be 14.72%.

Shares Statistics:

According to the various share statistics, RES traded on average about 1.56M shares per day over the past 3-months and 1672630 shares per day over the past 10 days. A total of 220.57M shares are outstanding, with a floating share count of 100.51M. Insiders hold about 54.43% of the company’s shares, while institutions hold 41.29% stake in the company. Shares short for RES as of 1764288000 were 17046575 with a Short Ratio of 10.95, compared to 1761868800 on 16051631. Therefore, it implies a Short% of Shares Outstanding of 17046575 and a Short% of Float of 18.969999.

Dividends & Splits

The forward annual dividend rate for RES is 0.16, which was 0.16 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.029143898. 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 2025-11-10 with an ex-dividend date of 2025-11-10. Stock splits for the company last occurred on 2012-03-12 when the company split stock in a 3:2 ratio.

Earnings Estimates

The company has 4.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.06, with high estimates of $0.07 and low estimates of $0.04.

Analysts are recommending an EPS of between $0.31 and $0.25 for the fiscal current year, implying an average EPS of $0.28. EPS for the following year is $0.25, with 6.0 analysts recommending between $0.34 and $0.18.

Revenue Estimates

According to 4 analysts,. The current quarter’s revenue is expected to be $426.37M. It ranges from a high estimate of $438M to a low estimate of $415.39M. As of. The current estimate, RPC, Inc’s year-ago sales were $335.36MFor the next quarter, 4 analysts are estimating revenue of $409.34M. There is a high estimate of $425M for the next quarter, whereas the lowest estimate is $379M.

A total of 4 analysts have provided revenue estimates for RES’s current fiscal year. The highest revenue estimate was $1.64B, while the lowest revenue estimate was $1.62B, resulting in an average revenue estimate of $1.63B. In the same quarter a year ago, actual revenue was $1.41BBased on 5 analysts’ estimates, the company’s revenue will be $1.66B in the next fiscal year. The high estimate is $1.73B and the low estimate is $1.58B.

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