NYSE:RESRPC Stock Price, Forecast & News

$3.07

-0.11 (-3.46 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$3.07

Now: $3.07▼

$3.32

50-Day Range

$2.24

MA: $2.99▼

$3.59

52-Week Range

$1.72

Now: $3.07▼

$7.95

Volume685,363 shs

Average Volume839,108 shs

Market Capitalization$660.85 million

P/E RatioN/A

Dividend YieldN/A

Beta2.14

RPC, Inc., through its subsidiaries, provides a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties. The company operates through Technical Services and Support Services segments. The Technical Services offers pressure pumping, fracturing, acidizing, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, pump down, and fishing services that are used in the completion, production, and maintenance of oil and gas wells. The Support Services segment provides a range of rental tools, including blowout preventors, high pressure manifolds and valves, hevi-wate drill pipes, tubing products, production related rental tools, pumps, diverters, drill pipes, drill collars, handling tools, Coflexip hoses, and Wear Knot drill pipes that are used for onshore and offshore oil and gas well drilling, completion, and workover activities. This segment also offers oilfield pipe inspection, and pipe management and storage services; and oilfield training and consulting services. It operates in the United States, Africa, Canada, Argentina, China, Mexico, Eastern Europe, Latin America, the Middle East, and internationally. RPC, Inc. was founded in 1984 and is headquartered in Atlanta, Georgia.

Beat the Market (BTM) Rank^™

2.8 Analyst's Opinion

Consensus Rating
RPC has received a consensus rating of Hold. The company's average rating score is 1.55, and is based on 1 buy rating, 4 hold ratings, and 6 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.56, RPC has a potential upside of 15.8% from its current price of $3.07.
Amount of Analyst Coverage
RPC has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0 Community Rank

Outperform Votes
RPC has received 393 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
RPC has received 610 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
RPC has received 60.82% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about RPC and other stocks. Vote “Outperform” if you believe RES will outperform the S&P 500 over the long term. Vote “Underperform” if you believe RES will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
RPC does not currently pay a dividend.
Dividend Growth
RPC has been increasing its dividend for 6 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RPC insiders have not sold or bought any company stock.
Percentage Held by Insiders
73.60% of the stock of RPC is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 30.24% of the stock of RPC is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for RPC are expected to grow in the coming year, from ($0.42) to ($0.31) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RPC is -2.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of RPC is -2.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
RPC has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.57 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Oil & gas field services, not elsewhere classified

Sub-IndustryOil & Gas Equipment & Services

SectorOils/Energy

Current SymbolNYSE:RES

Previous Symbol

CUSIP74966010

CIK742278

Webwww.rpc.net

Phone404-321-2140

Debt

Debt-to-Equity Ratio0.04

Current Ratio4.06

Quick Ratio3.24

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.22 billion

Price / Sales0.54

Cash Flow$0.66 per share

Price / Cash Flow4.67

Book Value$3.87 per share

Price / Book0.79

Profitability

EPS (Most Recent Fiscal Year)($0.12)

Net Income$-87,110,000.00

Net Margins-21.81%

Return on Equity-4.24%

Return on Assets-3.26%

Miscellaneous

Employees2,700

Outstanding Shares215,260,000

Market Cap$660.85 million

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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RPC (NYSE:RES) Frequently Asked Questions

How has RPC's stock been impacted by COVID-19 (Coronavirus)?

RPC's stock was trading at $2.25 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RES stock has increased by 36.4% and is now trading at $3.07. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of RPC?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RPC in the last year. There are currently 6 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RPC.

When is RPC's next earnings date?

RPC is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for RPC.

How were RPC's earnings last quarter?

RPC, Inc. (NYSE:RES) posted its earnings results on Wednesday, May, 6th. The oil and gas company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.06) by $0.02. The oil and gas company had revenue of $243.80 million for the quarter, compared to analyst estimates of $123.06 million. RPC had a negative return on equity of 4.24% and a negative net margin of 21.81%. RPC's quarterly revenue was down 27.2% on a year-over-year basis. View RPC's earnings history.

What price target have analysts set for RES?

11 analysts have issued 1 year price targets for RPC's shares. Their forecasts range from $2.30 to $5.00. On average, they anticipate RPC's share price to reach $3.56 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price. View analysts' price targets for RPC.

Has RPC been receiving favorable news coverage?

Press coverage about RES stock has trended very positive on Tuesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. RPC earned a coverage optimism score of 3.5 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutRPC.

Are investors shorting RPC?

RPC saw a decrease in short interest in April. As of April 30th, there was short interest totaling 12,190,000 shares, a decrease of 24.3% from the April 15th total of 16,100,000 shares. Based on an average daily trading volume, of 2,090,000 shares, the days-to-cover ratio is currently 5.8 days. Approximately 21.8% of the shares of the stock are sold short. View RPC's Current Options Chain.

Who are some of RPC's key competitors?

Some companies that are related to RPC include Schlumberger (SLB), Halliburton (HAL), National-Oilwell Varco (NOV), TechnipFMC (FTI), Dril-Quip (DRQ), Oceaneering International (OII), Seacor (CKH), Helix Energy Solutions Group (HLX), Matrix Service (MTRX), Oil States International (OIS), Tidewater (TDW), Newpark Resources (NR), Era Group (ERA), Geospace Technologies (GEOS) and Natural Gas Services Group (NGS). View all competitors.

What other stocks do shareholders of RPC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RPC investors own include Chesapeake Energy (CHK), Energy Transfer LP Unit (ET), Ford Motor (F), QEP Resources (QEP), El Pollo LoCo (LOCO), Oasis Petroleum (OAS), AT&T (T), Advanced Micro Devices (AMD), Centurylink (CTL) and Enterprise Products Partners (EPD).

Who are RPC's key executives?

RPC's management team includes the following people:

Mr. Richard A. Hubbell, CEO, Pres & Director (Age 74)
Mr. Ben M. Palmer, VP, CFO, Treasurer & Corp. Sec. (Age 59)
Mr. James C. Landers, VP of Corp. Fin.

What is RPC's stock symbol?

RPC trades on the New York Stock Exchange (NYSE) under the ticker symbol "RES."

Who are RPC's major shareholders?

RPC's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.01%), Alliancebernstein L.P. (1.93%), Van ECK Associates Corp (1.44%), Gamco Investors INC. ET AL (1.30%), Gabelli Funds LLC (1.13%) and Aristotle Capital Boston LLC (1.12%). View institutional ownership trends for RPC.

Which major investors are selling RPC stock?

RES stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Public Sector Pension Investment Board, Jane Street Group LLC, Virtus ETF Advisers LLC, Two Sigma Investments LP, Voloridge Investment Management LLC, First Trust Advisors LP, and Canada Pension Plan Investment Board. View insider buying and selling activity for RPC.

Which major investors are buying RPC stock?

RES stock was bought by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Federated Hermes Inc., Deutsche Bank AG, JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, Parametric Portfolio Associates LLC, and Citigroup Inc.. View insider buying and selling activity for RPC.

How do I buy shares of RPC?

Shares of RES can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is RPC's stock price today?

One share of RES stock can currently be purchased for approximately $3.07.

How big of a company is RPC?

RPC has a market capitalization of $660.85 million and generates $1.22 billion in revenue each year. The oil and gas company earns $-87,110,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. RPC employs 2,700 workers across the globe.

What is RPC's official website?

The official website for RPC is www.rpc.net.

How can I contact RPC?

RPC's mailing address is 2801 BUFORD HIGHWAY SUITE 300, ATLANTA GA, 30329. The oil and gas company can be reached via phone at 404-321-2140 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff