StellarOne Corp. Reaches New 12-Month High at $22.38 (STEL)
Shares of StellarOne Corp. (NASDAQ:STEL) hit a new 52-week high on Wednesday, American Banking and Market News reports. The company traded as high as $22.38 and last traded at $22.35, with a volume of 21,629 shares trading hands. The stock had previously closed at $21.96.
A number of analysts have recently weighed in on STEL shares. Analysts at Keefe, Bruyette & Woods raised their price target on shares of StellarOne Corp. (NASDAQ:STEL) from $19.50 to $23.00 in a research note to investors on Wednesday, August 7th. They now have a “market perform” rating on the stock. Analysts at Janney Montgomery Scott raised their price target on shares of StellarOne Corp. (NASDAQ:STEL) from $17.00 to $21.50 in a research note to investors on Thursday, June 20th. They now have a “neutral” rating on the stock.
StellarOne Corp. has a 1-year low of $12.42 and a 1-year high of $22.46. The stock’s 50-day moving average is $21.26 and its 200-day moving average is $18.22. The company has a market cap of $503.5 million and a price-to-earnings ratio of 21.12.
StellarOne Corp. (NASDAQ:STEL) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.06. During the same quarter in the previous year, the company posted $0.21 earnings per share. Analysts expect that StellarOne Corp. will post $1.06 EPS for the current fiscal year.
StellarOne Corporation is a bank holding company of StellarOne Bank (NASDAQ:STEL).
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