During the recent session, RPC, Inc. (NYSE:RES)’s traded shares were 2.32 million, with the beta value of the company hitting 1.62. At the last check today, the stock’s price was $7.30, reflecting an intraday loss of -7.83% or -$0.62. The 52-week high for the RES share is $9.41, that puts it down -28.9 from that peak though still a striking 13.15% gain since the share price plummeted to a 52-week low of $6.34. The company’s market capitalization is $1.57B, and the average trade volume was 1.58 million shares over the past three months.
RPC, Inc. (NYSE:RES) trade information
RPC, Inc. (RES) registered a -7.83% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.83% in intraday trading to $7.30, hitting a weekly high. The stock’s 5-day price performance is -6.41%, and it has moved by -3.44% in 30 days. Based on these gigs, the overall price performance for the year is -1.62%.
RPC, Inc. (RES) estimates and forecasts
Statistics show that RPC, Inc. has underperformed its competitors in share price, compared to the industry in which it operates. RPC, Inc. (RES) shares have gone down -16.00% during the last six months, with a year-to-date growth rate less than the industry average at -9.28% against 1.40. In the rating firms’ projections, revenue will decrease -0.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 390.92M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 400.37M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 2.02%. While earnings are projected to return -17.78% in 2024.
RES Dividends
RPC, Inc. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for RPC, Inc. is 0.16, with the dividend yield indicating at 2.19 percent, continuing the trend of increasing dividends in recent years.
