Analysts Predict a $32 Target for Regions Financial Corp (RF) Stock—What Could Drive It There?

Morgan Stanley has recently reduced Regions Financial Corp (RF) stock rating, as announced on December 9, 2024, according to Finviz. Earlier, on October 31, 2024, Keefe Bruyette had raised the stock from a Mkt Perform to Outperform, setting a price target of $28 for RF stock. Stephens also raised rating with a price target of $26. Additionally, Deutsche Bank raised Buy rating on October 24, 2024, with a target price of $26. Argus analysts, in their report published on October 24, 2024, also raised Buy rating and set a price target of $26 for Regions Financial Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.

Regions Financial Corp (RF) Stock Trading Recap

On Tuesday, Regions Financial Corp (RF) stock saw a modest uptick, ending the day at $24 which represents a slight increase of $0.38 or 1.61% from the prior close of $23.62. The stock opened at $23.94 and touched a low of $23.73 during the day, reaching a high of $24.12. The volume of shares traded was 7.82 million falling short of the average volume of 8.03 million.


Sponsored

RF Stock Performance and Moving Averages

In recent trading, Regions Financial Corp (RF) stock price has shown some volatility, fluctuating 0.93% over the last five trades and -5.51% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 14.29%, and it has gained 1.31% in the previous three months. Currently, RF is trading at 0.65%, -4.40%, and 8.79% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.

As of the latest trading close, RF, a Financial sector stock, is trading -14.16% below its 52-week high but remains 37.77% above its 52-week low. The Average True Range (ATR) (14 days) of 0.57 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.

Regions Financial Corp’s Profitability and Valuation Ratios

Regions Financial Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of 24.23% and a profit margin of 17.73%, with a gross margin of 14.29%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.

In terms of valuation, Regions Financial Corp’s market capitalization stands at $21.81 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 13.55, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 10.49. Additionally, the Price-to-Sales Ratio is 2.37, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.29, comparing the market value to the company’s book value.

Understanding Insider Trading

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.32% of Regions Financial Corp (RF)’s shares, while financial institutions hold 79.78%.

Notable insider trades include Ritter William D., SEVP at Regions Financial Corp (RF), who sold 23000 shares on May 03 ’24, at $19.95 each, totaling $0.46 million.

Related Posts

Unlock Your Investment Potential: Get Your 100% Free eBook

Best Space Stocks To Buy

A detailed analysis of Three Best Space Stocks to Buy, each selected based on Innovations, Growth Metrics & Achievements

No thanks

Best Space Stocks to Buy!

Unlock Your Investment Potential: Get Your 100% Free eBook

A Detail Analysis of Three Best Space Stocks to Buy, Eash Selected Based on Innovations, Growth Metrics & Achievements