The stock of RPC, Inc (RES) has seen a 3.87% increase in the past week, with a 5.65% gain in the past month, and a -11.48% decrease in the past quarter. The volatility ratio for the week is 2.60%, and the volatility levels for the past 30 days are at 3.67% for RES. The simple moving average for the last 20 days is 3.49% for RES stock, with a simple moving average of -5.23% for the last 200 days.
Is It Worth Investing in RPC, Inc (NYSE: RES) Right Now?
The price-to-earnings ratio for RPC, Inc (NYSE: RES) is above average at 11.22x. The 36-month beta value for RES is also noteworthy at 1.58. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for RES is 95.42M, and at present, short sellers hold a 18.63% of that float. The average trading volume of RES on January 10, 2025 was 1.55M shares.
RES) stock’s latest price update
The stock of RPC, Inc (NYSE: RES) has decreased by -0.96 when compared to last closing price of 6.23. Despite this, the company has experienced a 3.87% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-07 that ATLANTA, Jan. 7, 2025 /PRNewswire/ — RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on Thursday, January 30, 2025 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company’s financial and operating results on Thursday, January 30, 2025 at 9:00 a.m.
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 2.54% 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 -24.66% of loss for the given period.
Volatility was left at 3.67%, however, over the last 30 days, the volatility rate increased by 2.60%, as shares surge +5.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.35% upper at present.
During the last 5 trading sessions, RES rose by +3.87%, which changed the moving average for the period of 200-days by -20.59% in comparison to the 20-day moving average, which settled at $5.96. In addition, RPC, Inc saw 3.87% 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:
- 0.09 for the present operating margin
- 0.19 for the gross margin
The net margin for RPC, Inc stands at 0.08. The total capital return value is set at 0.11. Equity return is now at value 11.31, with 9.08 for asset returns.
Based on RPC, Inc (RES), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 32.48. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 188.78.
Currently, EBITDA for the company is 364.71 million with net debt to EBITDA at -0.87. When we switch over and look at the enterprise to sales, we see a ratio of 0.74. The receivables turnover for the company is 5.33for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.04.
Conclusion
In summary, RPC, Inc (RES) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
