Market Insight: RPC, Inc (RES)’s Notable Gain, Closing at 4.44

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In the latest session, RPC, Inc (NYSE: RES) closed at $4.44 up 2.78% from its previous closing price of $4.32. In other words, the price has increased by $2.78 from its previous closing price. On the day, 3.05 million shares were traded. RES stock price reached its highest trading level at $4.695 during the session, while it also had its lowest trading level at $4.1.

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 2.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.41. For the most recent quarter (mrq), Quick Ratio is recorded 3.44 and its Current Ratio is at 4.03. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on June 16, 2023, Downgraded its rating to Sell and sets its target price to $7 from $8.25 previously.

On April 28, 2022, Johnson Rice Upgraded its rating to Accumulate which previously was Hold but kept the price unchanged to $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 959275328 and an Enterprise Value of 624350144. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.47, and their Forward P/E ratio for the next fiscal year is 8.88. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 0.441 whereas that against EBITDA is 2.813.

Stock Price History:

The Beta on a monthly basis for RES is 0.95, which has changed by -0.44221103 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, RES has reached a high of $8.19, while it has fallen to a 52-week low of $4.24. The 50-Day Moving Average of the stock is -21.76%, while the 200-Day Moving Average is calculated to be -27.54%.

Shares Statistics:

For the past three months, RES has traded an average of 1.66M shares per day and 1619870 over the past ten days. A total of 214.94M shares are outstanding, with a floating share count of 95.65M. Insiders hold about 55.73% of the company’s shares, while institutions hold 44.23% stake in the company. Shares short for RES as of 1741910400 were 18858183 with a Short Ratio of 11.34, compared to 1739491200 on 16470404. Therefore, it implies a Short% of Shares Outstanding of 18858183 and a Short% of Float of 22.1.

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 0.037037034The 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 1739145600. Stock splits for the company last occurred on 2012-03-12 when the company split stock in a 3:2 ratio.

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