A share price of Regions Financial Corp. [RF] is currently trading at $19.77, up 2.33%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RF shares have gain 1.91% over the last week, with a monthly amount glided 7.33%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Regions Financial Corp. [NYSE: RF] stock has seen the most recent analyst activity on March 18, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $23 from $20. Previously, Argus downgraded its rating to Hold on January 23, 2024. On January 09, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $22 on the stock. Evercore ISI downgraded its rating to a In-line and increased its price target to $21 on January 03, 2024. Barclays downgraded its rating to a Underweight and raised its price target to $22 on January 02, 2024. Odeon downgraded its rating to Hold for this stock on November 13, 2023, but kept the price target unchanged to $17.10. In a note dated October 27, 2023, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $19 to $16.50.
Regions Financial Corp. experienced fluctuations in its stock price throughout the past year between $13.72 and $21.02. Currently, Wall Street analysts expect the stock to reach $24.79 within the next 12 months. Regions Financial Corp. [NYSE: RF] shares were valued at $19.77 at the most recent close of the market. An investor can expect a potential return of 25.39% based on the average RF price forecast.
Analyzing the RF fundamentals
Trailing Twelve Months sales for Regions Financial Corp. [NYSE:RF] were 9.11B which represents 8.41% growth. Gross Profit Margin for this corporation currently stands at 1.0%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.3%. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.34 points at the first support level, and at 18.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.03, and for the 2nd resistance point, it is at 20.30.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Regions Financial Corp. [NYSE:RF] is 0.07. Considering the valuation of this stock, the price to sales ratio is 1.99, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 9.39.
Transactions by insiders
Recent insider trading involved Lusco C. Matthew, SEVP & CRO, that happened on Dec 08 ’23 when 28617.0 shares were sold. SEVP, Smith Ronald G. completed a deal on Aug 07 ’23 to sell 10000.0 shares. Meanwhile, Director Hill J Thomas bought 11926.0 shares on May 17 ’23.
