RPC Inc. (NYSE: RES). Significant negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
RPC Inc. (NYSE: RES). Significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, RES is expected to continue to be a Value Builder.
RPC has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. RPC has a good Appreciation Score of 84 but a very low Power Rating of 6, resulting in the Low Neutral Value Trend Rating.
Recent Price Action
On 5/28/24, RPC Inc. (NYSE: RES) stock increased 1.2%, closing at $6.86. NORMAL trading volume accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -1.7% during the last week.
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