Atlantic Union Bankshares Corp (NYSE: AUB) has reported E.P.S. of $0.25 for its second fiscal quarter (ending June 30) versus $0.70 for the same period a year ago — a decline of -64%. Relative to the consensus estimate of $0.65, this was a shortfall of $-0.40. For the latest four quarters through June 30, E.P.S. were $2.24 compared to $2.77 a year ago — a decline of -19%.
Recent Price Action
Atlantic Union Bankshares Corp (NYSE: AUB) stock enjoyed a large increase of 2.0% on 7/25/24. The stock closed at $41.17. Moreover, trading volume in this advance was unusually high at 173% of normal. The stock has performed in line with the market over the last nine months and has risen 3.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AUB is expected to continue to be a Value Builder.
Atlantic Union Bankshares has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Atlantic Union Bankshares has a good Appreciation Score of 73 but a neutral Power Rating of 46, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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