Virginia National Bankshares Cor (NASDAQ: VABK) has reported earnings for its second fiscal quarter (ending June 30) of $0.77 versus $1.05 for the same period a year ago — a decline of -27%. E.P.S. were $2.91 for the latest four quarters through June 30 versus $4.54 for the same period a year ago — a decline of -36%.
Recent Price Action
Virginia National Bankshares Cor (NASDAQ: VABK) stock closed at $37.02 on 7/19/24 after a slight decline of -0.2%. However, this decline was accompanied by unusually low trading volume at 63% of normal. The stock has risen 7.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
VABK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Virginia National Bankshares Cor has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Virginia National Bankshares Cor has a neutral Appreciation Score of 42 and a slightly negative Power Rating of 32, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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