With 1.07 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.6 million shares. The 52-week range on RES shows that it touched its highest point at $7.53 and its lowest point at $4.10 during that stretch. It currently has a 1-year price target of $6.25. With its current market cap of 1.01 billion, RES has annualized dividend of $0.16 while the current yield stands at 3.50%. Beta for the stock currently stands at 0.85.
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 up-trending over the past week, with a rise of 0.44%, but this was down by -3.99% over a month. Three-month performance dropped to -12.79% while six-month performance fell -28.93%. The stock lost -30.44% in the past year, while it has lost -23.06% so far this year. A look at the trailing 12-month EPS for RES yields 0.35 with Next year EPS estimates of 0.44. For the next quarter, that number is 0.09. This implies an EPS growth rate of -20.99% for this year and 29.87% for next year.
Float and Shares Shorts:
At present, 216.02 million RES shares are outstanding with a float of 97.41 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 $0.52024 being high and $0.39844 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 $0.12 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.08.
