With 0.64 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.16 million shares. The 52-week range on RCI shows that it touched its highest point at $41.84 and its lowest point at $23.18 during that stretch. It currently has a 1-year price target of $37.08. With its current market cap of 13.64 billion, RCI has annualized dividend of $1.43 while the current yield stands at 5.65%. Beta for the stock currently stands at 0.73.
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 RCI was down-trending over the past week, with a drop of -0.28%, but this was up by 1.68% over a month. Three-month performance dropped to -10.26% while six-month performance fell -29.24%. The stock lost -35.98% in the past year, while it has lost -17.47% so far this year. A look at the trailing 12-month EPS for RCI yields 2.37 with Next year EPS estimates of 3.57. For the next quarter, that number is 0.76. This implies an EPS growth rate of -1.81% for this year and 3.91% for next year. EPS is expected to grow by 1.96% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.65%.
Float and Shares Shorts:
At present, 426.89 million RCI shares are outstanding with a float of 380.69 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 RCI since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $3.53005 being high and $3.36148 being low. For RCI, this leads to a yearly average estimate of $3.44081. Based on analyst estimates, the high estimate for the next quarter is $1.47 and the low estimate is $1.16. The average estimate for the next quarter is thus $1.35.
