In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, RPC, Inc (NYSE: RES) closed at $4.73 down -5.02% from its previous closing price of $4.98. In other words, the price has decreased by -$5.02 from its previous closing price. On the day, 1.53 million shares were traded. RES stock price reached its highest trading level at $4.87 during the session, while it also had its lowest trading level at $4.67.
Ratios:
For a deeper understanding of RPC, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.83. For the most recent quarter (mrq), Quick Ratio is recorded 4.18 and its Current Ratio is at 4.95. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 1043272448 and an Enterprise Value of 730017472. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.43, and their Forward P/E ratio for the next fiscal year is 10.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 0.533 whereas that against EBITDA is 3.522.
Stock Price History:
The Beta on a monthly basis for RES is 0.86, which has changed by -0.2854985 over the last 52 weeks, in comparison to a change of 0.09969199 over the same period for the S&P500. Over the past 52 weeks, RES has reached a high of $7.53, while it has fallen to a 52-week low of $4.10. The 50-Day Moving Average of the stock is -9.92%, while the 200-Day Moving Average is calculated to be -21.56%.
Shares Statistics:
For the past three months, RES has traded an average of 1.77M shares per day and 1723210 over the past ten days. A total of 216.02M shares are outstanding, with a floating share count of 97.64M. Insiders hold about 55.73% of the company’s shares, while institutions hold 43.34% stake in the company. Shares short for RES as of 1744675200 were 16233054 with a Short Ratio of 9.15, compared to 1741910400 on 18858183. Therefore, it implies a Short% of Shares Outstanding of 16233054 and a Short% of Float of 18.07.
Dividends & Splits
According to the company, the forward annual dividend rate for RES is 0.16, from 0.16 in the trailing year. Against a Trailing Annual Dividend Yield of 0.032128513The 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 2025-02-10 with an ex-dividend date of 1746748800. Stock splits for the company last occurred on 2012-03-12 when the company split stock in a 3:2 ratio.
