Atlantic Union Bankshares Corp (NYSE: AUB) on Tuesday, plunged -0.81% from the previous trading day, before settling in for the closing price of $42.10. Within the past 52 weeks, AUB’s price has moved between $30.22 and $43.57.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 12.15%. The company achieved an average annual earnings per share of 0.00%. With a float of $88.82 million, this company’s outstanding shares have now reached $89.78 million.
Considering the fact that the conglomerate employs 1804 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 207.75%, operating margin of 43.66%, and the pretax margin is 100.09%.
Atlantic Union Bankshares Corp (AUB) Insider Activity
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Atlantic Union Bankshares Corp is 1.07%, while institutional ownership is 75.88%. The most recent insider transaction that took place on Jun 06 ’24, was worth 158,550. In this transaction Director of this company bought 5,000 shares at a rate of $31.71, taking the stock ownership to the 47,334 shares. Before that another transaction happened on Jun 07 ’24, when Company’s Director bought 5,000 for $31.54, making the entire transaction worth $157,700. This insider now owns 52,334 shares in total.
Atlantic Union Bankshares Corp (AUB) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.78 earnings per share (EPS) for the period topping the consensus outlook (set at 0.74) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.75 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 2.69% growth over the previous five years of trading.
Atlantic Union Bankshares Corp (NYSE: AUB) Trading Performance Indicators
Atlantic Union Bankshares Corp (AUB) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.93. Likewise, its price to free cash flow for the trailing twelve months is 14.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.41, a number that is poised to hit 0.79 in the next quarter and is forecasted to reach 3.34 in one year’s time.
Technical Analysis of Atlantic Union Bankshares Corp (AUB)
Compared to the last year’s volume of 0.54 million, its volume of 0.83 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 49.72%. Additionally, its Average True Range was 1.19.
During the past 100 days, Atlantic Union Bankshares Corp’s (AUB) raw stochastic average was set at 84.00%, which indicates a significant increase from 73.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.32% in the past 14 days, which was higher than the 37.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.52, while its 200-day Moving Average is $35.55. Nevertheless, the first resistance level for the watch stands at $42.21 in the near term. At $42.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $43.06. If the price goes on to break the first support level at $41.35, it is likely to go to the next support level at $40.95. Should the price break the second support level, the third support level stands at $40.50.
Atlantic Union Bankshares Corp (NYSE: AUB) Key Stats
Market capitalization of the company is 3.75 billion based on 89,777K outstanding shares. Right now, sales total 1,045 M and income totals 201,820 K. The company made 358,810 K in profit during its latest quarter, and 76,420 K in sales during its previous quarter.
