Ridgepost Capital (NYSE:RPC) Upgraded to “Strong-Buy” at Wall Street Zen

Ridgepost Capital (NYSE:RPC) was upgraded by research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

RPC has been the subject of a number of other research reports. Barclays boosted their price target on Ridgepost Capital from $11.00 to $12.00 and gave the stock an “overweight” rating in a research report on Friday, May 8th. Weiss Ratings assumed coverage on Ridgepost Capital in a research report on Thursday, February 12th. They set a “hold (c)” rating for the company. Oppenheimer reiterated an “outperform” rating on shares of Ridgepost Capital in a research report on Friday, May 8th. Finally, Zacks Research lowered Ridgepost Capital from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 23rd. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.00.

Ridgepost Capital Price Performance

NYSE:RPC opened at $8.05 on Friday. Ridgepost Capital has a 12-month low of $6.79 and a 12-month high of $13.08. The firm has a market cap of $881.40 million, a price-to-earnings ratio of 36.60 and a beta of 0.88. The company has a quick ratio of 2.70, a current ratio of 2.70 and a debt-to-equity ratio of 0.93. The firm’s 50 day moving average is $7.87.

Insider Transactions at Ridgepost Capital

In other news, insider Charles K. Huebner Trust acquired 12,500 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were bought at an average price of $7.31 per share, with a total value of $91,375.00. Following the purchase, the insider owned 188,554 shares of the company’s stock, valued at approximately $1,378,329.74. This represents a 7.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 11.54% of the company’s stock.

Ridgepost Capital 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.