Virginia National Bankshares Cor (NASDAQ: VABK) has reported earnings for its third fiscal quarter (ending September 30) of $0.86 versus $0.87 for the same period a year ago — a decline of -1%. For the latest four quarters through September 30, E.P.S. were $2.90 versus $4.32 for the same period a year ago — a decline of -33%.
Recent Price Action
On 10/17/24, Virginia National Bankshares Cor (NASDAQ: VABK) stock increased 1.2%, closing at $41.53. Moreover, trading volume in this advance was exceptionally high at 212% of normal. The stock has risen 8.4% during the last week and has been exceptionally strong 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 B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Virginia National Bankshares Cor has a neutral Appreciation Score of 42 but a very high Power Rating of 88, and the Positive Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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