National Bankshares Inc (NASDAQ: NKSH) has reported a loss for its second fiscal quarter (ending June 30) of $-0.05 versus $0.66 for the same period a year ago — a decline of -108%. For the latest four quarters through June 30, E.P.S. were $1.54 compared to $4.03 a year ago — a decline of -62%.
Recent Price Action
On 7/25/24, National Bankshares Inc (NASDAQ: NKSH) stock increased 1.7%, closing at $31.90. Moreover, unusually high trading volume at 190% of normal accompanied the advance. The stock has risen 1.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
NKSH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
National Bankshares has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. National Bankshares has a neutral Appreciation Score of 55 and a neutral Power Rating of 49, resulting in the 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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