In Tuesday’s Wall Street session, RPC, Inc (NYSE:RES) shares traded at $4.72, down -5.22% from the previous session.
RES stock price is now -2.51% away from the 50-day moving average and -16.36% away from the 200-day moving average. The market capitalization of the company currently stands at $1.04B.
With the price target maintained at $4.75, Citigroup recently Upgraded its rating from Sell to Neutral for RPC, Inc (NYSE: RES). On June 16, 2023, Citigroup Downgraded its previous ‘Neutral’ rating to ‘Sell’ on the stock reducing its target price from $8.25 to quote $7, while ‘Johnson Rice’ rates the stock as ‘Accumulate’
A total of 55.84% of the company’s stock is owned by insiders.
During the past 12 months, RPC, Inc has had a low of $4.10 and a high of $7.53. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 4.95, and a quick ratio of 4.18. The fifty day moving average price for RES is $4.8444 and a two-hundred day moving average price translates $5.6532 for the stock.
The latest earnings results from RPC, Inc (NYSE: RES) was released for 2025-03-31. The net profit margin was 5.45% and return on equity was 7.06% for RES. The company reported revenue of $332.88 million for the quarter, compared to $377.83 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -11.9 percent. For the current quarter, analysts expect RES to generate $421.07M in revenue.
