Alert: New Earnings Report (10/23/24)-Farmers National Banc Corp/OH (NASDAQ: FMNB).

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Farmers National Banc Corp/OH (NASDAQ: FMNB) has reported E.P.S. of $0.23 for its third fiscal quarter (ending September 30) versus $0.36 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $1.24 compared to $1.33 a year ago.

Recent Price Action

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Farmers National Banc Corp/OH (NASDAQ: FMNB) stock closed at $14.16 on 10/23/24 after a large decline of -5.1%. Moreover, unusually high trading volume at 154% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -6.4% during the last week.

Current PriceTarget Research Rating

FMNB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Farmers National Banc has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Farmers National Banc has a slightly positive Appreciation Score of 68 and a slightly positive Power Rating of 68, resulting in the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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