In the past week, RF stock has gone up by 0.92%, with a monthly decline of -1.30% and a quarterly surge of 8.20%. The volatility ratio for the week is 2.13%, and the volatility levels for the last 30 days are 2.45% for Regions Financial Corp. The simple moving average for the past 20 days is 1.54% for RF’s stock, with a 8.26% simple moving average for the past 200 days.
Is It Worth Investing in Regions Financial Corp. (NYSE: RF) Right Now?
Regions Financial Corp. (NYSE: RF) has a higher price-to-earnings ratio of 10.70x compared to its average ratio. RF has 36-month beta value of 1.21. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 19 as “hold,” and 2 as “sell.”
The public float for RF is 915.96M, and currently, short sellers hold a 3.31% ratio of that float. The average trading volume of RF on May 06, 2024 was 8.32M shares.
RF) stock’s latest price update
The stock price of Regions Financial Corp. (NYSE: RF) has surged by 0.81 when compared to previous closing price of 19.64, but the company has seen a 0.92% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-21 that Regions Financial is a regional bank with over $150B in assets, focused on commercial & Industrial loans. The bank saw a decrease in net interest income in Q1, but made up for it with decreased non-interest expenses. The bank’s exposure to commercial real estate is relatively low, and it has a strong balance sheet with ample cash reserves.
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 1.69% 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 -6.07% of loss for the given period.
Volatility was left at 2.45%, however, over the last 30 days, the volatility rate increased by 2.13%, as shares sank -1.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.61% upper at present.
During the last 5 trading sessions, RF rose by +0.92%, which changed the moving average for the period of 200-days by -1.10% in comparison to the 20-day moving average, which settled at $19.48. In addition, Regions Financial Corp. saw 2.17% 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 RHODES WILLIAM C III, who purchase 50,000 shares at the price of $19.37 back on Apr 23 ’24. After this action, RHODES WILLIAM C III now owns 50,000 shares of Regions Financial Corp., valued at $968,500 using the latest closing price.
Lusco C. Matthew, the SEVP & CRO of Regions Financial Corp., sale 28,617 shares at $17.47 during a trade that took place back on Dec 08 ’23, which means that Lusco C. Matthew is holding 103,307 shares at $499,839 based on the most recent closing price.
Stock Fundamentals for RF
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 1.0 for the gross margin
The net margin for Regions Financial Corp. stands at 0.25. The total capital return value is set at -0.01. Equity return is now at value 10.79, with 1.18 for asset returns.
Based on Regions Financial Corp. (RF), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.48. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is -0.35.
Currently, EBITDA for the company is 2.61 billion with net debt to EBITDA at 0.82. When we switch over and look at the enterprise to sales, we see a ratio of 2.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.12.
Conclusion
To put it simply, Regions Financial Corp. (RF) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
