Regions Financial Corp. (NYSE: RF) has seen a rise in its stock price by 0.45 in relation to its previous close of 19.86. However, the company has experienced a 4.01% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-19 that Regions Financial (RF) benefits from consistent growth in loan balances and strategic buyouts. However, rising expenses and lack of loan portfolio diversification are major headwinds.
Is It Worth Investing in Regions Financial Corp. (NYSE: RF) Right Now?
Regions Financial Corp. (NYSE: RF) has a price-to-earnings ratio that is above its average at 9.48x. The stock has a 36-month beta value of 1.22. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 19 as “hold,” and 2 as “sell.”
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The public float for RF is 916.44M, and at present, short sellers hold a 3.66% of that float. On March 25, 2024, the average trading volume of RF was 8.98M shares.
RF’s Market Performance
RF’s stock has seen a 4.01% increase for the week, with a 9.14% rise in the past month and a 4.23% gain in the past quarter. The volatility ratio for the week is 2.23%, and the volatility levels for the past 30 days are at 2.17% for Regions Financial Corp. The simple moving average for the past 20 days is 3.85% for RF’s stock, with a 10.38% simple moving average for the past 200 days.
Analysts’ Opinion of RF
Many brokerage firms have already submitted their reports for RF stocks, with Citigroup repeating the rating for RF by listing it as a “Buy.” The predicted price for RF in the upcoming period, according to Citigroup is $23 based on the research report published on March 18, 2024 of the current year 2024.
Jefferies gave a rating of “Buy” to RF, setting the target price at $22 in the report published on January 09th of the current year.
RF Trading at 6.38% from the 50-Day Moving Average
After a stumble in the market that brought RF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.09% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 2.23%, as shares surge +9.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.43% upper at present.
During the last 5 trading sessions, RF rose by +4.01%, which changed the moving average for the period of 200-days by +6.80% in comparison to the 20-day moving average, which settled at $19.30. In addition, Regions Financial Corp. saw 2.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RF starting from Lusco C. Matthew, who sale 28,617 shares at the price of $17.47 back on Dec 08 ’23. After this action, Lusco C. Matthew now owns 103,307 shares of Regions Financial Corp., valued at $499,839 using the latest closing price.
Smith Ronald G., the SEVP of Regions Financial Corp., sale 10,000 shares at $20.93 during a trade that took place back on Aug 07 ’23, which means that Smith Ronald G. is holding 281,151 shares at $209,300 based on the most recent closing price.
Stock Fundamentals for RF
Current profitability levels for the company are sitting at:
- 1.0 for the gross margin
The net margin for Regions Financial Corp. stands at 0.3. Equity return is now at value 12.43, with 1.35 for asset returns.
Based on Regions Financial Corp. (RF), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 0.93.
Currently, EBITDA for the company is 2.61 billion with net debt to EBITDA at -1.21. When we switch over and look at the enterprise to sales, we see a ratio of 2.09. The receivables turnover for the company is 11.23for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.07.
Conclusion
To sum up, Regions Financial Corp. (RF) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
