Atlantic Union Bankshares Corp (NYSE: AUB) has a higher price-to-earnings ratio of 15.14x compared to its average ratio, The 36-month beta value for AUB is at 0.87. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AUB is 88.81M, and currently, shorts hold a 2.90% of that float. The average trading volume for AUB on July 26, 2024 was 410.72K shares.
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AUB) stock’s latest price update
Atlantic Union Bankshares Corp (NYSE: AUB) has seen a rise in its stock price by 2.01 in relation to its previous close of 40.36. However, the company has experienced a 5.13% gain in its stock price over the last five trading sessions. zacks.com reported 2024-07-25 that Atlantic Union (AUB) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.74 per share a year ago.
AUB’s Market Performance
AUB’s stock has risen by 5.13% in the past week, with a monthly rise of 32.68% and a quarterly rise of 24.34%. The volatility ratio for the week is 3.79% while the volatility levels for the last 30 days are 3.32% for Atlantic Union Bankshares Corp The simple moving average for the past 20 days is 15.48% for AUB’s stock, with a 24.11% simple moving average for the past 200 days.
Analysts’ Opinion of AUB
Many brokerage firms have already submitted their reports for AUB stocks, with Stephens repeating the rating for AUB by listing it as a “Overweight.” The predicted price for AUB in the upcoming period, according to Stephens is $36 based on the research report published on September 13, 2023 of the previous year 2023.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see AUB reach a price target of $36, previously predicting the price at $42. The rating they have provided for AUB stocks is “Mkt Perform” according to the report published on April 06th, 2023.
Raymond James gave a rating of “Outperform” to AUB, setting the target price at $43 in the report published on March 03rd of the previous year.
AUB Trading at 22.62% from the 50-Day Moving Average
After a stumble in the market that brought AUB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.12% of loss for the given period.
Volatility was left at 3.32%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares surge +30.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.34% upper at present.
During the last 5 trading sessions, AUB rose by +5.13%, which changed the moving average for the period of 200-days by +42.41% in comparison to the 20-day moving average, which settled at $36.13. In addition, Atlantic Union Bankshares Corp saw 12.67% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AUB starting from Ellett Frank Russell, who purchase 4,467 shares at the price of $30.85 back on Jun 10 ’24. After this action, Ellett Frank Russell now owns 56,801 shares of Atlantic Union Bankshares Corp, valued at $137,807 using the latest closing price.
Ellett Frank Russell, the Director of Atlantic Union Bankshares Corp, purchase 5,000 shares at $31.54 during a trade that took place back on Jun 07 ’24, which means that Ellett Frank Russell is holding 52,334 shares at $157,700 based on the most recent closing price.
Stock Fundamentals for AUB
Current profitability levels for the company are sitting at:
- 12.23 for the present operating margin
- 9.62 for the gross margin
The net margin for Atlantic Union Bankshares Corp stands at 20.5. The total capital return value is set at 0.01. Equity return is now at value 8.66, with 1.04 for asset returns.
Based on Atlantic Union Bankshares Corp (AUB), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.39. The interest coverage ratio of the stock is 2.53.
Currently, EBITDA for the company is 233.11 million with net debt to EBITDA at -7.64. When we switch over and look at the enterprise to sales, we see a ratio of 407.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.05.
Conclusion
In conclusion, Atlantic Union Bankshares Corp (AUB) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
