At the time of writing, Renasant Corp [RNST] stock is trading at $31.11, up 8.66%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RNST shares have gain 11.43% over the last week, with a monthly amount drifted -13.05%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Renasant Corp [NYSE: RNST] stock has seen the most recent analyst activity on November 13, 2024, when Hovde Group downgraded its rating to a Market Perform. Previously, Piper Sandler upgraded its rating to Overweight on August 05, 2024, and elevated its price target to $40. On August 05, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $39 on the stock. Stephens upgraded its rating to a Overweight and increased its price target to $41 on July 31, 2024. Raymond James upgraded its rating to a Outperform but $39 remained the price target by the analyst firm on July 31, 2024. Hovde Group downgraded its rating to Market Perform for this stock on July 25, 2024, and upped its price target to $38. In a note dated April 06, 2023, Raymond James downgraded an Mkt Perform rating on this stock.
For the past year, the stock price of Renasant Corp fluctuated between $26.97 and $39.63. Currently, Wall Street analysts expect the stock to reach $38 within the next 12 months. Renasant Corp [NYSE: RNST] shares were valued at $31.11 at the most recent close of the market. An investor can expect a potential return of 22.15% based on the average RNST price forecast.
Analyzing the RNST fundamentals
According to Renasant Corp [NYSE:RNST], the company’s sales were 1.09B for trailing twelve months, which represents an 1.17% jump. Gross Profit Margin for this corporation currently stands at 1.09% with Operating Profit Margin at -0.07%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.2.
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 29.53 points at the first support level, and at 27.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.01, and for the 2nd resistance point, it is at 32.90.
Ratios To Look Out For
It is important to note that Renasant Corp [NYSE:RNST] has a current ratio of 0.08. Considering the valuation of this stock, the price to sales ratio is 2.50, the price to book ratio is 0.74 and price to earnings (TTM) ratio is 9.55.
Transactions by insiders
Recent insider trading involved Hutcheson Kelly, EVP/Chief Accounting Officer, that happened on Feb 21 ’25 when 1310.0 shares were sold. Officer, Hutcheson Kelly completed a deal on Feb 21 ’25 to buy 1310.0 shares. Meanwhile, Director CREEKMORE JOHN sold 3000.0 shares on Nov 06 ’24.
