National Bankshares Inc (NASDAQ: NKSH) has reported E.P.S. of $0.42 for its third fiscal quarter (ending September 30) versus $0.52 for the same period a year ago — a decline of -19%. For the latest four quarters through September 30, E.P.S. were $1.46 compared to $3.52 a year ago — a decline of -59%.
Recent Price Action
On 10/24/24, National Bankshares Inc (NASDAQ: NKSH) stock rose modestly by 0.5%, closing at $30.08. However, this advance was accompanied by exceptionally low trading volume at 30% of normal. The stock has been weak relative to the market over the last nine months and has declined -3.0% during the last week.
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 (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. National Bankshares has a neutral Appreciation Score of 58 and a slightly negative Power Rating of 36, with the Low Neutral Value Trend Rating the result.
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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