RPC, Inc. (RES) vs. Its Peers: A Comparison

RPC, Inc. (NYSE: RES) has a price-to-earnings ratio of 8.88x that is above its average ratio. Additionally, the 36-month beta value for RES is 1.63. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 15 rating it as “hold,” and 1 rating it as “sell.”

The public float for RES is 96.62M and currently, short sellers hold a 14.62% ratio of that float. The average trading volume of RES on April 04, 2024 was 1.63M shares.

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RES) stock’s latest price update

RPC, Inc. (NYSE: RES)’s stock price has gone rise by 1.66 in comparison to its previous close of 7.84, however, the company has experienced a 5.42% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-21 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

RES’s Market Performance

RPC, Inc. (RES) has seen a 5.42% rise in stock performance for the week, with a 8.88% gain in the past month and a 11.78% surge in the past quarter. The volatility ratio for the week is 2.36%, and the volatility levels for the past 30 days are at 2.70% for RES. The simple moving average for the last 20 days is 4.59% for RES’s stock, with a simple moving average of 2.60% for the last 200 days.

Analysts’ Opinion of RES

Many brokerage firms have already submitted their reports for RES stocks, with Citigroup repeating the rating for RES by listing it as a “Sell.” The predicted price for RES in the upcoming period, according to Citigroup is $7 based on the research report published on June 16, 2023 of the previous year 2023.

Johnson Rice, on the other hand, stated in their research note that they expect to see RES reach a price target of $13. The rating they have provided for RES stocks is “Accumulate” according to the report published on April 28th, 2022.

RES Trading at 8.37% from the 50-Day Moving Average

After a stumble in the market that brought RES to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.35% of loss for the given period.

Volatility was left at 2.70%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares surge +7.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.85% upper at present.

During the last 5 trading sessions, RES rose by +5.42%, which changed the moving average for the period of 200-days by +2.05% in comparison to the 20-day moving average, which settled at $7.65. In addition, RPC, Inc. saw 9.48% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for RES

Current profitability levels for the company are sitting at:

  • 0.15 for the present operating margin
  • 0.26 for the gross margin

The net margin for RPC, Inc. stands at 0.12. The total capital return value is set at 0.21. Equity return is now at value 20.42, with 15.55 for asset returns.

Based on RPC, Inc. (RES), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 14.53. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 713.59.

Currently, EBITDA for the company is 362.01 million with net debt to EBITDA at -0.72. When we switch over and look at the enterprise to sales, we see a ratio of 0.94. The receivables turnover for the company is 4.29for trailing twelve months and the total asset turnover is 1.23. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.79.

Conclusion

In conclusion, RPC, Inc. (RES) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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