Stock analysts at StockNews.com initiated coverage on shares of American National Bankshares (NASDAQ:AMNB – Get Free Report) in a research report issued to clients and investors on Friday. The firm set a “sell” rating on the financial services provider’s stock.
American National Bankshares Stock Down 0.3 %
AMNB opened at $47.76 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $507.69 million, a price-to-earnings ratio of 19.49 and a beta of 0.91. The business has a 50-day moving average of $46.52 and a two-hundred day moving average of $44.82. American National Bankshares has a 12 month low of $25.26 and a 12 month high of $50.76.
American National Bankshares (NASDAQ:AMNB – Get Free Report) last issued its earnings results on Tuesday, January 23rd. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.31). American National Bankshares had a return on equity of 7.88% and a net margin of 18.88%. The firm had revenue of $36.27 million for the quarter. On average, research analysts expect that American National Bankshares will post 2.6 earnings per share for the current year.
Institutional Investors Weigh In On American National Bankshares
About American National Bankshares
As of April 1, 2024, American National Bankshares Inc was acquired by Atlantic Union Bankshares Corporation. American National Bankshares Inc operates as the bank holding company for American National Bank and Trust Company that engages in the provision of financial products and services. The company operates through two segments: Community Banking and Wealth Management.
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