Stock of Atlantic Union Bankshares Corp (AUB) performance and profitability takes another direction

A share price of Atlantic Union Bankshares Corp [AUB] is currently trading at $31.82, up 0.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AUB shares have lost -1.97% over the last week, with a monthly amount drifted -4.44%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Atlantic Union Bankshares Corp [NYSE: AUB] stock has seen the most recent analyst activity on September 13, 2023, when Stephens initiated its Overweight rating and assigned the stock a price target of $36. Previously, Keefe Bruyette downgraded its rating to Mkt Perform on April 06, 2023, and dropped its price target to $36. Hovde Group initiated its recommendation with a Outperform and recommended $41 as its price target on November 29, 2022. Keefe Bruyette upgraded its rating to Outperform for this stock on April 22, 2022. In a note dated December 16, 2021, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $41 to $42.

Atlantic Union Bankshares Corp experienced fluctuations in its stock price throughout the past year between $23.32 and $37.86. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. Atlantic Union Bankshares Corp [NYSE: AUB] shares were valued at $31.82 at the most recent close of the market. An investor can expect a potential return of 31.99% based on the average AUB price forecast.

Analyzing the AUB fundamentals

Trailing Twelve Months sales for Atlantic Union Bankshares Corp [NYSE:AUB] were 1.04B which represents 26.93% growth. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.08 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.43.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 31.62 points at the first support level, and at 31.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.18, and for the 2nd resistance point, it is at 32.53.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Atlantic Union Bankshares Corp [NYSE:AUB] is 0.03. Considering the valuation of this stock, the price to sales ratio is 2.72, the price to book ratio is 0.93 and price to earnings (TTM) ratio is 12.56.

Transactions by insiders

Recent insider trading involved KIMBLE DONALD R, Director, that happened on Mar 08 ’24 when 7000.0 shares were purchased.

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