With 1.91 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.57 million shares. The 52-week range on RES shows that it touched its highest point at $8.19 and its lowest point at $5.05 during that stretch. It currently has a 1-year price target of $6.38. With its current market cap of 1.12 billion, RES has annualized dividend of $0.16 while the current yield stands at 3.09%. Beta for the stock currently stands at 1.31.
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 -6.33%, but this was down by -17.25% over a month. Three-month performance dropped to -19.57% while six-month performance fell -19.31%. The stock lost -31.03% in the past year, while it has lost -12.79% so far this year. A look at the trailing 12-month EPS for RES yields 0.42 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, 214.94 million RES shares are outstanding with a float of 95.65 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 $0.4505 being high and $0.43088 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.
Summary of Insider Activity:
Insiders traded RES stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
