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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.76 million shares were traded. RES stock price reached its highest trading level at $7.225 during the session, while it also had its lowest trading level at $7.045.
Ratios:
For a better understanding of RES, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.20. For the most recent quarter (mrq), Quick Ratio is recorded 4.01 and its Current Ratio is at 4.75. 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 1533968256 and an Enterprise Value of 1318618112. As of this moment, RPC,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.23, and their Forward P/E ratio for the next fiscal year is 8.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 0.868 whereas that against EBITDA is 4.474.
Stock Price History:
The Beta on a monthly basis for RES is 1.64, which has changed by 0.042459726 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, RES has reached a high of $9.41, while it has fallen to a 52-week low of $6.34. The 50-Day Moving Average of the stock is -6.59%, while the 200-Day Moving Average is calculated to be -8.86%.
Shares Statistics:
Over the past 3-months, RES traded about 1.58M shares per day on average, while over the past 10 days, RES traded about 1934670 shares per day. A total of 215.03M shares are outstanding, with a floating share count of 96.09M. Insiders hold about 55.36% of the company’s shares, while institutions hold 41.64% stake in the company. Shares short for RES as of 1713139200 were 14941214 with a Short Ratio of 9.47, compared to 1710460800 on 14129220. Therefore, it implies a Short% of Shares Outstanding of 14941214 and a Short% of Float of 17.52.
Dividends & Splits
RES’s forward annual dividend rate is 0.16, up from 0.16 a year ago. Against a Trailing Annual Dividend Yield of 0.02247191The stock’s 5-year Average Dividend Yield is 2.16. The current Payout Ratio is 17.74% for RES, which recently paid a dividend on 2024-02-08 with an ex-dividend date of 1715212800. Stock splits for the company last occurred on 2012-03-12 when the company split stock in a 3:2 ratio.
Earnings Estimates
Its stock is currently analyzed by 5.0 different market analysts. On average, analysts expect EPS of $0.18 for the current quarter, with a high estimate of $0.19 and a low estimate of $0.13, while EPS last year was $0.3. The consensus estimate for the next quarter is $0.21, with high estimates of $0.22 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.81 and $0.69 for the fiscal current year, implying an average EPS of $0.75. EPS for the following year is $0.94, with 4.0 analysts recommending between $1.06 and $0.76.
Revenue Estimates
For the next quarter, 4 analysts are estimating revenue of $409.73M. There is a high estimate of $419.8M for the next quarter, whereas the lowest estimate is $400.72M.
A total of 4 analysts have provided revenue estimates for RES’s current fiscal year. The highest revenue estimate was $1.62B, while the lowest revenue estimate was $1.55B, resulting in an average revenue estimate of $1.59B. In the same quarter a year ago, actual revenue was $1.62BBased on 3 analysts’ estimates, the company’s revenue will be $1.74B in the next fiscal year. The high estimate is $1.8B and the low estimate is $1.63B.
