Stock Rating Upgrade
The Value Trend Rating for American National Bankshares Inc (NASDAQ: AMNB) improved in recent days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 11/10/23, American National Bankshares Inc (NASDAQ: AMNB) stock rose modestly by 1.0%, closing at $40.00. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.5% during the last week.
Current PriceTarget Research Rating
AMNB's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
American National Bankshares has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. American National Bankshares has a slightly negative Appreciation Score of 38 but a very high Power Rating of 88, and the Positive Value Trend Rating results.