Union Bankshares Inc (NASDAQ: UNB) has reported earnings for its second fiscal quarter (ending June 30) of $0.45 versus $0.60 for the same period a year ago — a decline of -25%. E.P.S. were $2.22 for the latest four quarters through June 30 versus $2.87 for the same period a year ago — a decline of -23%.
Recent Price Action
On 7/17/24, Union Bankshares Inc (NASDAQ: UNB) stock enjoyed a very large increase of 6.7%, closing at $24.78. Moreover, trading volume in this advance was exceptionally high at 258% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 16.0% during the last week.
Current PriceTarget Research Rating
UNB’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.
Union Bankshares has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Union Bankshares has a neutral Appreciation Score of 59 but a poor Power Rating of 27, leading to the Low 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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