<div id="readability-page-1"><p>RPC, Inc. (NYSE:RES - Get Free Report) has earned a consensus recommendation of &#34;Reduce&#34; from the five brokerages that are presently  covering the company, MarketBeat Ratings reports. One investment analyst  has rated the stock with a sell recommendation and four have given a hold recommendation to  the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $5.50.</p><p>RES has been the topic of several research analyst reports. Wall Street Zen cut shares of RPC from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, February 7th. Susquehanna lifted their price target on shares of RPC from $6.00 to $7.00 and gave the stock a &#34;neutral&#34; rating in a research note on Tuesday, April 7th. Finally, Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of RPC in a report on Tuesday, April 14th.</p><p><b>View Our Latest Report on RPC</b></p><h2>Hedge Funds Weigh In On RPC</h2><p>A number of institutional investors and hedge funds have recently modified their holdings of the company. AQR Capital Management LLC increased its position in  RPC by 1.1% during the first quarter. AQR Capital Management LLC now owns 544,365 shares of the oil and gas company's stock valued at $2,994,000 after acquiring an additional 5,914 shares during the last quarter.  MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in  RPC by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 50,558 shares of the oil and gas company's stock valued at $278,000 after acquiring an additional 2,190 shares during the period.  Strs Ohio purchased a new position in  RPC in the first quarter worth about $92,000.  Rhumbline Advisers grew its stake in shares of  RPC by 3.2% during the 2nd quarter. Rhumbline Advisers now owns 306,126 shares of the oil and gas company's stock valued at $1,448,000 after purchasing an additional 9,481 shares during the period.  Finally, Russell Investments Group Ltd. grew its stake in shares of  RPC by 51,372.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 118,386 shares of the oil and gas company's stock valued at $560,000 after purchasing an additional 118,156 shares during the period. 41.06% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>RPC Stock Down 3.1%</h2><p>RPC stock opened at $7.64 on Friday. RPC has a 12 month low of $4.18 and a 12 month high of $8.16. The stock has a fifty day simple moving average of $6.79 and a two-hundred day simple moving average of $5.98. The company has a current ratio of 3.24, a quick ratio of 2.70 and a debt-to-equity ratio of 0.03. The firm has a market cap of $1.69 billion, a price-to-earnings ratio of 50.90 and a beta of 0.69. </p><p>RPC (NYSE:RES - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The oil and gas company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.03). RPC had a net margin of 1.97% and a return on equity of 5.24%. The business had revenue of $425.78 million for the quarter, compared to the consensus estimate of $423.30 million. During the same period in the previous year, the company earned $0.06 earnings per share. The company's revenue for the quarter was up 26.9% compared to the same quarter last year.  Equities analysts predict that  RPC will post 0.18 EPS for the current fiscal year. </p><h2>RPC Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Monday, May 11th will be paid a dividend of $0.04 per share. The ex-dividend date is Monday, May 11th. This represents a $0.16 dividend on an annualized basis and a yield of 2.1%. RPC's payout ratio is currently 106.67%. </p><h2>RPC Company Profile</h2> (Get Free Report)<p>RPC, Inc <span>NYSE: RES<span></span></span> provides essential equipment and services to companies engaged in the exploration, production and maintenance of oil and natural gas wells. The firm operates as an equity interest holding company, partnering with a network of independent service businesses to deliver a comprehensive suite of offerings for well completion and production operations.  </p><p>Through its affiliated service companies, RPC offers pressure pumping and fracturing services, coiled tubing and nitrogen pumping, downhole tools and telemetry solutions, well intervention and workover services, along with rental tools and supply-chain logistics.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than RPC</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJFUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVJFUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in RPC Right Now?</h2><p>Before you consider RPC, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and RPC wasn't on the list.</p><p>While RPC currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>RPC, Inc. (NYSE:RES) has received a consensus rating of "Reduce" from five brokerages, with one analyst recommending a sell and four a hold. The average 12-month price target is $5.50. Recent institutional activity includes AQR Capital increasing its stake by 1.1% and Russell Investments growing its stake by over 51,000%. RPC's stock is down 3.1%, currently priced at $7.64, with a 12-month range of $4.18 to $8.16. The company reported a quarterly EPS of $0.04, missing estimates, and announced a quarterly dividend of $0.04 per share.</p>

RPC, Inc. (NYSE:RES) Receives Average Rating of "Reduce" from Brokerages