With 1.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.5 million shares. The 52-week range on RES shows that it touched its highest point at $8.19 and its lowest point at $5.54 during that stretch. It currently has a 1-year price target of $6.38. With its current market cap of 1.27 billion, RES has annualized dividend of $0.16 while the current yield stands at 2.71%. Beta for the stock currently stands at 1.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RES was down-trending over the past week, with a drop of -3.43%, but this was down by -13.85% over a month. Three-month performance surged to 1.20% while six-month performance fell -4.68%. The stock lost -19.26% in the past year, while it has lost -0.51% so far this year. A look at the trailing 12-month EPS for RES yields 0.43 with Next year EPS estimates of 0.48. For the next quarter, that number is 0.05. This implies an EPS growth rate of -25.58% for this year and 48.96% for next year.
Float and Shares Shorts:
At present, 214.97 million RES shares are outstanding with a float of 95.17 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for RES since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.45013 being high and $0.43052 being low. For RES, this leads to a yearly average estimate of $0.44077. Based on analyst estimates, the high estimate for the next quarter is $0.08 and the low estimate is $0.06. The average estimate for the next quarter is thus $0.07.
