Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, RPC, Inc (NYSE: RES) closed at $5.53 down -2.47% from its previous closing price of $5.67. In other words, the price has decreased by -$2.47 from its previous closing price. On the day, 1.81 million shares were traded.
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 3.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.18. 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:
As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.99, and their Forward P/E ratio for the next fiscal year is 11.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 1.11.
Stock Price History:
Over the past 52 weeks, RES has reached a high of $8.19, while it has fallen to a 52-week low of $5.54. The 50-Day Moving Average of the stock is -10.36%, while the 200-Day Moving Average is calculated to be -12.39%.
Shares Statistics:
A total of 214.97M shares are outstanding, with a floating share count of 95.17M. Insiders hold about 55.73% of the company’s shares, while institutions hold 44.49% stake in the company.
Earnings Estimates
The current market rating for RPC, Inc (RES) reflects the collective analysis of 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.07, with high estimates of $0.08 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.31 and $0.21 for the fiscal current year, implying an average EPS of $0.27. EPS for the following year is $0.38, with 3.0 analysts recommending between $0.47 and $0.23.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $327.06M this quarter.It ranges from a high estimate of $332.1M to a low estimate of $322M. As of the current estimate, RPC, Inc’s year-ago sales were $377.83MFor the next quarter, 3 analysts are estimating revenue of $338.12M. There is a high estimate of $345.3M for the next quarter, whereas the lowest estimate is $329M.
A total of 3 analysts have provided revenue estimates for RES’s current fiscal year. The highest revenue estimate was $1.37B, while the lowest revenue estimate was $1.33B, resulting in an average revenue estimate of $1.35B. In the same quarter a year ago, actual revenue was $1.41BBased on 3 analysts’ estimates, the company’s revenue will be $1.42B in the next fiscal year. The high estimate is $1.47B and the low estimate is $1.37B.
