Atlantic Union Bankshares Corp [AUB] stock is trading at $38.63, up 0.97%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AUB shares have gain 3.12% over the last week, with a monthly amount drifted -11.30%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Atlantic Union Bankshares Corp [NYSE: AUB] stock has seen the most recent analyst activity on September 13, 2024, when Hovde Group reiterated its Outperform rating and also revised its price target to $45 from $46. Previously, Hovde Group reaffirmed its Outperform rating on July 26, 2024, and elevated its price target to $46. On September 13, 2023, Stephens initiated with a Overweight rating and assigned a price target of $36 on the stock. Keefe Bruyette downgraded its rating to a Mkt Perform and decreased its price target to $36 on April 06, 2023. In a note dated November 29, 2022, Hovde Group initiated an Outperform rating and provided a target price of $41 on this stock.
Atlantic Union Bankshares Corp [AUB] stock has fluctuated between $30.43 and $44.54 over the past year. Currently, Wall Street analysts expect the stock to reach $46 within the next 12 months. Atlantic Union Bankshares Corp [NYSE: AUB] shares were valued at $38.63 at the most recent close of the market. An investor can expect a potential return of 19.08% based on the average AUB price forecast.
Analyzing the AUB fundamentals
Atlantic Union Bankshares Corp [NYSE:AUB] reported sales of 1.28B for the trailing twelve months, which represents a growth of 30.83%. Gross Profit Margin for this corporation currently stands at 2.08% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at 1.0%, and Net Profit Margin reading is 0.96%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.
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 37.96 points at the first support level, and at 37.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 39.03, and for the 2nd resistance point, it is at 39.43.
Ratios To Look Out For
For context, Atlantic Union Bankshares Corp’s Current Ratio is 0.07. Considering the valuation of this stock, the price to sales ratio is 2.71, the price to book ratio is 1.09 and price to earnings (TTM) ratio is 16.05.
Transactions by insiders
Recent insider trading involved Ellett Frank Russell, Director, that happened on Jun 06 ’24 when 5000.0 shares were purchased. Director, Ellett Frank Russell completed a deal on Jun 07 ’24 to buy 5000.0 shares. Meanwhile, Director Ellett Frank Russell bought 4467.0 shares on Jun 10 ’24.
