RPC, Inc. (RES)

RPC, Inc. Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for RPC, Inc. stock have an average target of 6.08, with a low estimate of 5.25 and a high estimate of 7.00. The average target predicts a decrease of -3.57% from the current stock price of 6.31.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$5.25	$6.08	$6.00	$7.00
Change	-16.73%	-3.57%	-4.84%	+11.02%

* Price targets were last updated on Oct 25, 2024.

Analyst Ratings

The average analyst rating for RPC, Inc. stock from 3 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	1	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	1	1	1	1	1	1
Total	2	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Charles Minervino Susquehanna	Susquehanna	Hold Maintains $6.5 → $6	Hold	Maintains	$6.5 → $6	-4.84%	Oct 25, 2024
Stephen Gengaro Stifel	Stifel	Hold Maintains $8 → $7	Hold	Maintains	$8 → $7	+11.02%	Oct 11, 2024
Stephen Gengaro Stifel	Stifel	Hold Maintains $8 → $7	Hold	Maintains	$8 → $7	+11.02%	Jul 16, 2024
Charles Minervino Susquehanna	Susquehanna	Hold Maintains $7 → $6.5	Hold	Maintains	$7 → $6.5	+3.09%	Jul 11, 2024
Scott Gruber Citigroup	Citigroup	Strong Sell Maintains $6.75 → $5.25	Strong Sell	Maintains	$6.75 → $5.25	-16.73%	Jul 10, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.42B

Decreased by -12.33%

from 1.62B

Revenue Next Year

1.37B

Decreased by -3.24%

from 1.42B

EPS This Year

0.43

Decreased by -52.56%

from 0.90

EPS Next Year

0.34

Decreased by -19.57%

from 0.43

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.22B	598.30M	864.93M	1.60B	1.62B	1.42B	1.37B	1.48B
Revenue Growth	-28.97%	-51.06%	44.56%	85.19%	0.98%	-12.33%	-3.24%	7.58%
EPS	-0.41	-1.00	0.03	1.01	0.90	0.43	0.34	0.37
EPS Growth	-	-	-	3,262.00%	-10.77%	-52.56%	-19.57%	8.82%
Forward PE	-	-	-	-	-	14.77	18.36	16.87
No. Analysts	-	-	-	-	-	6	6	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	1.5B	1.5B	1.5B
Avg	1.4B	1.4B	1.5B
Low	1.4B	1.3B	1.4B

Revenue Growth

Revenue Growth	2024	2025	2026
High	-8.2%	4.0%	11.8%
Avg	-12.3%	-3.2%	7.6%
Low	-15.2%	-9.5%	4.4%

EPS Forecast

EPS	2024	2025	2026
High	0.46	0.47	0.39
Avg	0.43	0.34	0.37
Low	0.39	0.21	0.36

EPS Growth

EPS Growth	2024	2025	2026
High	-48.7%	10.9%	13.1%
Avg	-52.6%	-19.6%	8.8%
Low	-57.0%	-49.7%	5.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.