RPC (RES) Stock Forecast, Price Target & Predictions


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RES Stock Forecast


RPC stock forecast is as follows: an average price target of $10.00 (represents a 67.50% upside from RES’s last price of $5.97) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.

RES Price Target


The average price target for RPC (RES) is $10.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $13.00 to $7.00. This represents a potential 67.50% upside from RES's last price of $5.97.

RES Analyst Ratings


Hold

According to 2 Wall Street analysts, RPC's rating consensus is 'Hold'. The analyst rating breakdown for RES stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (50.00%), 1 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).

RPC Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 11, 2024Stephen GengaroStifel Nicolaus$7.00$6.931.01%17.25%
Apr 27, 2022Don CristJohnson Rice$13.00$10.1328.33%117.76%
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The latest RPC stock forecast, released on Oct 11, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $7.00, which represents a 1.01% increase from the stock price at the time of the forecast ($6.93), and a 17.25% increase from RES last price ($5.97).

RPC Price Target by Period


1M3M12M
# Anlaysts-11
Avg Price Target-$7.00$7.00
Last Closing Price$5.97$5.97$5.97
Upside/Downside-100.00%17.25%17.25%

In the current month, the average price target of RPC stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to RPC's last price of $5.97. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Apr 08, 2024SusquehannaNeutralNeutralHold
Jun 16, 2023Citigroup-SellDowngrade
Apr 27, 2022Johnson Rice-AccumulateUpgrade
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RPC's last stock rating was published by Susquehanna on Apr 08, 2024. The company gave RES a "Neutral" rating, the same as its previous rate.

RPC Financial Forecast


RPC Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue----------$415.86M$476.67M$482.03M$459.60M$375.51M$284.62M$268.25M$225.31M$188.76M$182.61M$148.64M$116.59M$89.30M$243.78M$236.00M$293.24M$358.52M$334.66M$436.33M$298.12M
Avg Forecast$354.90M$358.27M$351.37M$335.97M$329.29M$365.33M$381.18M$393.33M$374.22M$376.65M$480.20M$487.85M$457.48M$410.27M$328.60M$284.40M$239.77M$212.64M$202.63M$158.79M$125.63M$96.62M$103.27M$230.45M$237.09M$334.32M$362.63M$350.42M$509.02M$596.20M
High Forecast$360.18M$363.60M$356.60M$340.97M$334.18M$368.13M$381.18M$393.33M$379.79M$379.47M$487.34M$495.11M$464.28M$410.27M$328.60M$284.40M$239.77M$212.64M$202.63M$158.79M$125.63M$96.62M$103.27M$230.45M$237.09M$334.32M$362.63M$350.42M$610.82M$715.44M
Low Forecast$350.29M$353.62M$346.80M$331.61M$325.01M$362.52M$381.18M$393.33M$369.36M$374.29M$473.96M$481.51M$451.53M$410.27M$328.60M$284.40M$239.77M$212.64M$202.63M$158.79M$125.63M$96.62M$103.27M$230.45M$237.09M$334.32M$362.63M$350.42M$407.21M$476.96M
# Analysts11122111131111111111187655551319
Surprise %----------0.87%0.98%1.05%1.12%1.14%1.00%1.12%1.06%0.93%1.15%1.18%1.21%0.86%1.06%1.00%0.88%0.99%0.96%0.86%0.50%

RPC's average Quarter revenue forecast for Sep 23 based on 3 analysts is $376.65M, with a low forecast of $374.29M, and a high forecast of $379.47M. RES's average Quarter revenue forecast represents a -9.43% decrease compared to the company's last Quarter revenue of $415.86M (Jun 23).

RPC EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122111131111111111187655551319
EBITDA----------$82.68M$90.34M$111.13M$90.89M$58.82M$20.60M$35.80M$23.77M$14.09M$6.34M$958.00K$-15.86M$-21.11M$25.57M$22.53M$25.69M$51.54M$38.64M$103.38M$45.81M
Avg Forecast$18.03M$18.20M$17.85M$17.07M$16.73M$18.56M$19.37M$51.91M$19.01M$19.14M$24.40M$47.19M$54.66M$17.33M$13.88M$42.90M$10.13M$8.98M$8.56M$5.85M$5.31M$4.08M$4.36M$-230.33M$10.02M$14.13M$15.32M$80.26M$119.71M$106.49M
High Forecast$18.30M$18.48M$18.12M$17.33M$16.98M$18.71M$19.37M$62.29M$19.30M$19.28M$24.76M$56.62M$65.59M$17.33M$13.88M$51.48M$10.13M$8.98M$8.56M$7.02M$5.31M$4.08M$4.36M$-184.27M$10.02M$14.13M$15.32M$96.31M$143.65M$127.78M
Low Forecast$17.80M$17.97M$17.62M$16.85M$16.51M$18.42M$19.37M$41.52M$18.77M$19.02M$24.08M$37.75M$43.72M$17.33M$13.88M$34.32M$10.13M$8.98M$8.56M$4.68M$5.31M$4.08M$4.36M$-276.40M$10.02M$14.13M$15.32M$64.21M$95.77M$85.19M
Surprise %----------3.39%1.91%2.03%5.24%4.24%0.48%3.53%2.65%1.65%1.08%0.18%-3.88%-4.84%-0.11%2.25%1.82%3.36%0.48%0.86%0.43%

3 analysts predict RES's average Quarter EBITDA for Sep 23 to be $19.14M, with a high of $19.28M and a low of $19.02M. This is -76.85% lower than RPC's previous annual EBITDA (Jun 23) of $82.68M.

RPC Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122111131111111111187655551319
Net Income----------$65.01M$71.52M$87.00M$69.34M$46.94M$15.08M$12.34M$5.27M$-726.00K$-9.66M$-10.24M$-16.44M$-25.09M$-160.42M$-23.36M$-69.18M$6.17M$-739.00K$52.13M$3.63M
Avg Forecast$20.90M$22.32M$20.06M$17.03M$15.85M$26.41M$29.05M$18.25M$38.98M$50.17M$75.35M$16.59M$17.17M$45.42M$21.12M$15.08M$6.82M$-58.30K$-3.38M$-7.25M$-16.93M$-20.14M$-28.25M$-206.26M$-23.06M$-1.54M$8.94M$-1.41M$59.58M$8.18M
High Forecast$21.31M$22.75M$20.45M$17.36M$16.16M$26.93M$29.10M$21.89M$39.73M$56.44M$76.80M$19.90M$20.60M$45.42M$21.12M$18.09M$6.82M$-58.30K$-3.38M$-5.80M$-16.93M$-20.14M$-28.25M$-165.01M$-23.06M$-1.54M$8.94M$-1.13M$71.49M$9.81M
Low Forecast$20.55M$21.94M$19.72M$16.74M$15.58M$25.88M$28.99M$14.60M$38.32M$45.99M$74.07M$13.27M$13.74M$45.42M$21.12M$12.06M$6.82M$-58.30K$-3.38M$-8.70M$-16.93M$-20.14M$-28.25M$-247.51M$-23.06M$-1.54M$8.94M$-1.69M$47.66M$6.54M
Surprise %----------0.86%4.31%5.07%1.53%2.22%1.00%1.81%-90.32%0.21%1.33%0.60%0.82%0.89%0.78%1.01%45.02%0.69%0.53%0.88%0.44%

RPC's average Quarter net income forecast for Sep 23 is $50.17M, with a range of $45.99M to $56.44M. RES's average Quarter net income forecast represents a -22.83% decrease compared to the company's last Quarter net income of $65.01M (Jun 23).

RPC SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122111131111111111187655551319
SG&A----------$44.52M$59.57M$41.13M$38.24M$35.88M$36.24M$32.13M$31.45M$29.40M$30.59M$26.02M$32.38M$28.77M$36.53M$36.84M$42.57M$43.29M$45.42M$43.81M$37.16M
Avg Forecast$48.57M$49.04M$48.09M$45.98M$45.07M$50.00M$52.17M$43.85M$51.22M$51.55M$65.72M$39.86M$44.71M$56.15M$44.97M$36.24M$32.82M$29.10M$27.73M$22.95M$17.19M$13.22M$14.13M$46.97M$32.45M$45.76M$49.63M$86.50M$50.07M$83.60M
High Forecast$49.30M$49.76M$48.81M$46.67M$45.74M$50.38M$52.17M$52.62M$51.98M$51.94M$66.70M$47.84M$53.65M$56.15M$44.97M$43.49M$32.82M$29.10M$27.73M$27.54M$17.19M$13.22M$14.13M$56.36M$32.45M$45.76M$49.63M$103.80M$60.09M$100.32M
Low Forecast$47.94M$48.40M$47.47M$45.39M$44.48M$49.62M$52.17M$35.08M$50.55M$51.23M$64.87M$31.89M$35.76M$56.15M$44.97M$28.99M$32.82M$29.10M$27.73M$18.36M$17.19M$13.22M$14.13M$37.57M$32.45M$45.76M$49.63M$69.20M$40.06M$66.88M
Surprise %----------0.68%1.49%0.92%0.68%0.80%1.00%0.98%1.08%1.06%1.33%1.51%2.45%2.04%0.78%1.14%0.93%0.87%0.53%0.88%0.44%

RPC's average Quarter SG&A projection for Sep 23 is $51.55M, based on 3 Wall Street analysts, with a range of $51.23M to $51.94M. The forecast indicates a 15.80% rise compared to RES last annual SG&A of $44.52M (Jun 23).

RPC EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts11122111131111111111187655551319
EPS----------$0.30$0.33$0.40$0.32$0.22$0.07$0.06$0.02$-0.00$-0.05$-0.05$-0.08$-0.12$-0.76$-0.11$-0.33$0.03$-0.00$0.24$0.02
Avg Forecast$0.10$0.11$0.09$0.08$0.08$0.13$0.14$0.17$0.18$0.24$0.36$0.36$0.29$0.21$0.10$0.07$0.03$-0.00$-0.02$-0.04$-0.08$-0.10$-0.13$-0.06$-0.11$-0.01$0.04$0.03$0.32$-0.09
High Forecast$0.10$0.11$0.10$0.08$0.08$0.13$0.14$0.18$0.19$0.27$0.36$0.37$0.29$0.21$0.10$0.07$0.03$-0.00$-0.02$-0.04$-0.08$-0.10$-0.13$-0.06$-0.11$-0.01$0.04$0.03$0.38$-0.07
Low Forecast$0.10$0.10$0.09$0.08$0.07$0.12$0.14$0.17$0.18$0.22$0.35$0.35$0.28$0.21$0.10$0.07$0.03$-0.00$-0.02$-0.04$-0.08$-0.10$-0.13$-0.06$-0.11$-0.01$0.04$0.03$0.26$-0.11
Surprise %----------0.84%0.92%1.39%1.49%2.20%1.05%1.77%-72.46%0.21%1.13%0.60%0.81%0.90%11.85%1.01%45.37%0.71%-0.11%0.75%-0.22%

According to 3 Wall Street analysts, RPC's projected average Quarter EPS for Sep 23 is $0.24, with a low estimate of $0.22 and a high estimate of $0.27. This represents a -20.83% decrease compared to RES previous annual EPS of $0.30 (Jun 23).

RPC Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
PUMPProPetro$7.81$16.75114.47%Hold
RESRPC$5.97$10.0067.50%Hold
NRNewpark Resources$7.40$11.0048.65%Buy
OISOil States$5.36$7.5039.93%Hold
NEXNexTier Oilfield Solutions$10.61$13.5027.24%Hold
NOVNOV$16.26$20.6727.12%Buy
CHXChampionX$30.70$38.3324.85%Buy
DNOWNOW$14.65$18.0022.87%-
WHDCactus$65.29$54.00-17.29%Hold
RNGRRanger Energy Services$16.57$12.50-24.56%Hold
OIIOceaneering$27.97$21.00-24.92%Buy

RES Forecast FAQ


Is RPC a good buy?

No, according to 2 Wall Street analysts, RPC (RES) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of RES's total ratings.

What is RES's price target?

RPC (RES) average price target is $10 with a range of $7 to $13, implying a 67.50% from its last price of $5.97. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will RPC stock go up soon?

According to Wall Street analysts' prediction for RES stock, the company can go up by 67.50% (from the last price of $5.97 to the average price target of $10), up by 117.76% based on the highest stock price target, and up by 17.25% based on the lowest stock price target.

Can RPC stock reach $9?

RES's average twelve months analyst stock price target of $10 supports the claim that RPC can reach $9 in the near future.

What are RPC's analysts' financial forecasts?

RPC's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.47B (high $1.48B, low $1.46B), average EBITDA is $106.57M (high $117.34M, low $95.83M), average net income is $89.55M (high $94.09M, low $85.05M), average SG&A $191.09M (high $200.91M, low $181.35M), and average EPS is $0.513 (high $0.52, low $0.506). RES's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.4B (high $1.42B, low $1.38B), average EBITDA is $71.16M (high $72.22M, low $70.24M), average net income is $80.31M (high $81.86M, low $78.95M), average SG&A $191.68M (high $194.53M, low $189.19M), and average EPS is $0.38 (high $0.388, low $0.374).

Did the RES's actual financial results beat the analysts' financial forecasts?

Based on RPC's last annual report (Dec 2022), the company's revenue was $1.6B, beating the average analysts forecast of $1.48B by 8.17%. Apple's EBITDA was $281.44M, beating the average prediction of $128.77M by 118.56%. The company's net income was $218.36M, beating the average estimation of $98.79M by 121.04%. Apple's SG&A was $151.49M, missing the average forecast of $182.07M by -16.79%. Lastly, the company's EPS was $1.01, beating the average prediction of $0.669 by 50.89%. In terms of the last quarterly report (Jun 2023), RPC's revenue was $415.86M, missing the average analysts' forecast of $480.2M by -13.40%. The company's EBITDA was $82.68M, beating the average prediction of $24.4M by 238.87%. RPC's net income was $65.01M, missing the average estimation of $75.35M by -13.71%. The company's SG&A was $44.52M, missing the average forecast of $65.72M by -32.27%. Lastly, the company's EPS was $0.3, missing the average prediction of $0.357 by -15.89%