P10 (NYSE:RPC) Reaches New 12-Month Low – What’s Next?

P10, Inc. (NYSE:RPC) shares hit a new 52-week low on Monday . The company traded as low as $8.12 and last traded at $8.12, with a volume of 106983 shares. The stock had previously closed at $8.51.

Analyst Ratings Changes

RPC has been the topic of several recent research reports. Zacks Research upgraded shares of P10 from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 11th. Weiss Ratings assumed coverage on P10 in a research note on Thursday, February 12th. They set a “hold (c)” rating on the stock. Finally, Barclays decreased their price objective on P10 from $13.00 to $11.00 and set an “overweight” rating on the stock in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $11.00.

P10 Stock Down 5.5%

The company has a debt-to-equity ratio of 0.99, a current ratio of 2.50 and a quick ratio of 2.50. The firm has a market cap of $884.48 million, a price-to-earnings ratio of 44.67 and a beta of 0.80.

P10 Company Profile

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.