Regions Financial Corp [RF] stock is trading at $24.70, up 2.92%. 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 3.56% over the last week, with a monthly amount drifted -1.40%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Regions Financial Corp [NYSE: RF] stock has seen the most recent analyst activity on December 09, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also boosted its price target to $32 from $28. Previously, Keefe Bruyette upgraded its rating to Outperform on October 31, 2024, and elevated its price target to $28. On October 29, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $26 on the stock. Deutsche Bank upgraded its rating to a Buy and increased its price target to $26 on October 24, 2024. Argus upgraded its rating to a Buy but $26 remained the price target by the analyst firm on October 24, 2024. Wedbush upgraded its rating to Outperform for this stock on September 24, 2024, and upped its price target to $28. In a note dated March 18, 2024, Citigroup upgraded an Buy rating on this stock and boosted its target price from $20 to $23.
Regions Financial Corp [RF] stock has fluctuated between $17.42 and $27.96 over the past year. Currently, Wall Street analysts expect the stock to reach $25.38 within the next 12 months. Regions Financial Corp [NYSE: RF] shares were valued at $24.70 at the most recent close of the market. An investor can expect a potential return of 2.75% based on the average RF price forecast.
Analyzing the RF fundamentals
Regions Financial Corp [NYSE:RF] reported sales of 9.21B for the trailing twelve months, which represents a drop of -0.47%. Gross Profit Margin for this corporation currently stands at 1.08% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.4.
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 24.48 points at the first support level, and at 24.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.90, and for the 2nd resistance point, it is at 25.10.
Ratios To Look Out For
For context, Regions Financial Corp’s Current Ratio is 0.14. Considering the valuation of this stock, the price to sales ratio is 2.44, the price to book ratio is 1.33 and price to earnings (TTM) ratio is 13.94.
Transactions by insiders
Recent insider trading involved Ritter William D., SEVP, that happened on May 03 ’24 when 23000.0 shares were sold. Director, RHODES WILLIAM C III completed a deal on Apr 23 ’24 to buy 50000.0 shares.
