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After finishing at $6.39 in the prior trading day, RPC, Inc (NYSE: RES) closed at $6.22, down -2.66%. In other words, the price has decreased by -$2.66 from its previous closing price. On the day, 1.43 million shares were traded. RES stock price reached its highest trading level at $6.446 during the session, while it also had its lowest trading level at $6.21.
Ratios:
Our goal is to gain a better understanding of RES by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.33. 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 1337125760 and an Enterprise Value of 1117190656. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.61, and their Forward P/E ratio for the next fiscal year is 12.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 0.758 whereas that against EBITDA is 4.367.
Stock Price History:
The Beta on a monthly basis for RES is 1.51, which has changed by -0.084527194 over the last 52 weeks, in comparison to a change of 0.208081 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 $5.54. The 50-Day Moving Average of the stock is -0.56%, while the 200-Day Moving Average is calculated to be -2.76%.
Shares Statistics:
The stock has traded on average 1.56M shares per day over the past 3-months and 1973160 shares per day over the last 10 days, according to various share 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 44.64% stake in the company. Shares short for RES as of 1736899200 were 15784393 with a Short Ratio of 10.14, compared to 1734048000 on 17774945. Therefore, it implies a Short% of Shares Outstanding of 15784393 and a Short% of Float of 18.61.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.16. The current Payout Ratio is 37.61% for RES, which recently paid a dividend on 2024-11-08 with an ex-dividend date of 1731024000. Stock splits for the company last occurred on 2012-03-12 when the company split stock in a 3:2 ratio.
