Renasant Corp (RNST) surge 4.18% in a week: will this be a lucky break through?

Renasant Corp (NYSE: RNST) flaunted slowness of -0.76% at $37.88, before settling in for the price of $38.17 at the close. Taking a more long-term approach, RNST posted a 52-week range of $26.28-$39.47.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

In the past 5-years timespan, the Financial sector firm’s annual sales growth was 9.63%. Meanwhile, its Annual Earning per share during the time was -1.69%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 26.76%. This publicly-traded company’s shares outstanding now amounts to $56.14 million, simultaneously with a float of $55.02 million. The organization now has a market capitalization sitting at $2.41 billion. At the time of writing, stock’s 50-day Moving Average stood at $34.38, while the 200-day Moving Average is $32.04.

Renasant Corp (RNST) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Renasant Corp industry. Renasant Corp’s current insider ownership accounts for 2.38%, in contrast to 100.86% institutional ownership. According to the most recent insider trade that took place on Nov 06 ’24, this organization’s Director sold 3,000 shares at the rate of 38.00, making the entire transaction reach 114,000 in total value, affecting insider ownership by 24,057.

Renasant Corp (RNST) Earnings and Revenue Records

Renasant Corp’s EPS increase for this current 12-month fiscal period is 26.76% and is forecasted to reach 1.64 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the -1.69% growth it accomplished over the previous five years trading on the market.

Renasant Corp (NYSE: RNST) Trading Performance Indicators

Let’s observe the current performance indicators for Renasant Corp (RNST). The Stock has managed to achieve an average true range (ATR) of 1.08. Alongside those numbers, its PE Ratio stands at $12.40, and its Beta score is 1.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.22. Similarly, its price to free cash flow for trailing twelve months is now 18.97.

In the same vein, RNST’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.05, a figure that is expected to reach 0.57 in the next quarter, and analysts are predicting that it will be 1.64 at the market close of one year from today.

Technical Analysis of Renasant Corp (RNST)

Now, what If we examine the latest scores posted by [Renasant Corp, RNST]. During the last 5-days, its volume was better the volume of 0.4 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 65.03% While, its Average True Range was 1.08.

Raw Stochastic average of Renasant Corp (RNST) in the period of the previous 100 days is set at 82.55%, which indicates a major rise in contrast to 55.40% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.02% that was lower than 35.58% volatility it exhibited in the past 100-days period.