Analyst Ratings for RPC Inc. (RES)

Updated: 2017-07-26

RPC Inc. (NYSE:RES) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for RES last month.

25 analysts issued ratings on the stock, where 13 gave RES a buy rating, 0 gave an overweight rating, 12 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for RES. The most optimistic analyst gave a price target of 30, implying a possible profit of 41.24 percent. The minimum price target given was 14, implying potential capital losses of -34.09 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 8.01 percent. The average change in earnings estimates over the last 90 days is 81.67 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 8.21 percent. If we look at the last 90 days instead, we find a net average change of 68.09 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. During this time, 5 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

RES has a 52-week high of 23.36 and a 52-week low of 13.50. Currently the stock is 57.33 percent higher than its low, and below the high by 9.08 percent. RES has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The RES value stock report compares RES to some of its peers using value stock charts. The stock has a market capitalization of $4.57 billion. RES will post this quarters earnings in days, on 0000-00-00.