Rgc Resources Stock Today

RGCO Stock  USD 20.62  0.60  3.00%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 31

 
High
 
Low
Below Average
RGC Resources is selling at 20.62 as of the 31st of May 2024; that is 3.00 percent up since the beginning of the trading day. The stock's open price was 20.02. RGC Resources has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for RGC Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2024 and ending today, the 31st of May 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
1st of February 1994
RGC Resources, Inc., through its subsidiaries, operates as an energy services company. RGC Resources, Inc. was founded in 1883 and is based in Roanoke, Virginia. Rgc Resources operates under UtilitiesRegulated Gas classification in the United States and is traded on NASDAQ Exchange. The company has 10.18 M outstanding shares of which 56.69 K shares are at this time shorted by private and institutional investors with about 5.57 trading days to cover. More on RGC Resources

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RGC Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. RGC Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RGC Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, RGC Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to RGC Resources' managers, analysts, and investors.
Environmental
Governance
Social
Business ConcentrationGas Utilities, Utilities - Regulated Gas, Utilities, Utilities, Gas Utilities, Utilities—Regulated Gas, Utilities (View all Sectors)
Average Analyst Recommendation
Analysts covering RGC Resources report their recommendations after researching RGC Resources' financial statements, talking to executives and customers, or listening in on RGC Resources' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering RGC Resources. The RGC consensus assessment is calculated by taking the average forecast from all of the analysts covering RGC Resources.
RGC Resources' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to RGC Resources' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand RGC Resources' financial leverage. It provides some insight into what part of RGC Resources' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on RGC Resources' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how RGC Resources deploys its capital and how much of that capital is borrowed.
Liquidity
RGC Resources cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 125.84 M in liabilities with Debt to Equity (D/E) ratio of 1.24, which is about average as compared to similar companies. RGC Resources has a current ratio of 1.66, which is within standard range for the sector. Debt can assist RGC Resources until it has trouble settling it off, either with new capital or with free cash flow. So, RGC Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like RGC Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for RGC to invest in growth at high rates of return. When we think about RGC Resources' use of debt, we should always consider it together with cash and equity.

Dividends Paid

9.43 Million
RGC Resources (RGCO) is traded on NASDAQ Exchange in USA. It is located in 519 Kimball Avenue, N.E., Roanoke, VA, United States, 24016 and employs 100 people. RGC Resources is listed under Gas Utilities category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 209.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RGC Resources's market, we take the total number of its shares issued and multiply it by RGC Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. RGC Resources conducts business under Gas Utilities sector and is part of Utilities industry. The entity has 10.18 M outstanding shares of which 56.69 K shares are at this time shorted by private and institutional investors with about 5.57 trading days to cover. RGC Resources currently holds about 14.48 M in cash with 23.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.48.
Check RGC Resources Probability Of Bankruptcy
Ownership Allocation
The market capitalization of RGC Resources is $209.93 Million. 30% of RGC Resources outstanding shares are owned by institutions. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Thus, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company in the future.
Check RGC Ownership Details

RGC Stock Institutional Holders

Institutional Holdings refers to the ownership stake in RGC Resources that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of RGC Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing RGC Resources' value.
InstituionRecorded OnShares
State Street Corporation2023-12-31
90.9 K
Bank Of New York Mellon Corp2023-12-31
86.6 K
Teton Advisors Inc2023-12-31
86 K
Northern Trust Corp2023-12-31
66.8 K
Trust Co Of Virginia2024-03-31
51.2 K
Renaissance Technologies Corp2023-12-31
43.5 K
Fca Corp2023-12-31
43.2 K
Summit Financial Group Inc2024-03-31
40 K
Morgan Stanley - Brokerage Accounts2023-12-31
39.6 K
Blackrock Inc2023-12-31
448.9 K
Vanguard Group Inc2023-12-31
433.6 K
View RGC Resources Diagnostics

RGC Resources Historical Income Statement

RGC Resources Income Statement is one of the three primary financial statements used for reporting RGC's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of RGC Resources revenue and expense. RGC Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, RGC Resources' Income Before Tax is very stable compared to the past year. As of the 31st of May 2024, Total Other Income Expense Net is likely to grow to about 2.6 M, while Total Revenue is likely to drop about 85.2 M. View More Fundamentals

RGC Stock Against Markets

Picking the right benchmark for RGC Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in RGC Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for RGC Resources is critical whether you are bullish or bearish towards RGC Resources at a given time. Please also check how RGC Resources' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in RGC Resources without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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RGC Resources Corporate Management

Elected by the shareholders, the RGC Resources' board of directors comprises two types of representatives: RGC Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RGC. The board's role is to monitor RGC Resources' management team and ensure that shareholders' interests are well served. RGC Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RGC Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Carl ShockleyVP of Operations - Roanoke Gas CompanyProfile
Jason FieldCFO VPProfile
Timothy MulvaneyInterim TreasurerProfile
C MilesVice ResourcesProfile
Robert IIChief VPProfile
Lawrence OliverSenior AffairsProfile

How to buy RGC Stock?

Before investing in RGC Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in RGC Resources. To buy RGC Resources stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of RGC Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase RGC Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located RGC Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased RGC Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as RGC Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy RGC Stock please use our How to Invest in RGC Resources guide.

Already Invested in RGC Resources?

The danger of trading RGC Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of RGC Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than RGC Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile RGC Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether RGC Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RGC Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rgc Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rgc Resources Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RGC Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in RGC Stock, please use our How to Invest in RGC Resources guide.
Note that the RGC Resources information on this page should be used as a complementary analysis to other RGC Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running RGC Resources' price analysis, check to measure RGC Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RGC Resources is operating at the current time. Most of RGC Resources' value examination focuses on studying past and present price action to predict the probability of RGC Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RGC Resources' price. Additionally, you may evaluate how the addition of RGC Resources to your portfolios can decrease your overall portfolio volatility.
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Is RGC Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RGC Resources. If investors know RGC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RGC Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
0.795
Earnings Share
1.33
Revenue Per Share
8.29
Quarterly Revenue Growth
(0.14)
The market value of RGC Resources is measured differently than its book value, which is the value of RGC that is recorded on the company's balance sheet. Investors also form their own opinion of RGC Resources' value that differs from its market value or its book value, called intrinsic value, which is RGC Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RGC Resources' market value can be influenced by many factors that don't directly affect RGC Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RGC Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if RGC Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RGC Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.