American National Bankshares (AMNB) Announces Quarterly Earnings, Beats Estimates By $0.07 EPS
American National Bankshares (NASDAQ:AMNB) posted its quarterly earnings results on Thursday. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.07, Analyst Ratings.Net reports.
AMNB has been the subject of a number of recent research reports. Analysts at Thomson Reuters/Verus downgraded shares of American National Bankshares from a “buy” rating to a “hold” rating in a research note to investors on Monday, July 22nd. On the ratings front, analysts at Raymond James downgraded shares of American National Bankshares from an “outperform” rating to a “market perform” rating in a research note to investors on Monday, July 22nd. They now have a $23.00 price target on the stock. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of American National Bankshares from $21.50 to $24.00 in a research note to investors on Friday, July 19th.
Shares of American National Bankshares (NASDAQ:AMNB) traded up 3.12% on Thursday, hitting $22.83. 19,380 shares of the company’s stock traded hands. American National Bankshares has a 52 week low of $18.50 and a 52 week high of $25.90. The stock has a 50-day moving average of $22.30 and a 200-day moving average of $22.36. The company has a market cap of $179.8 million and a price-to-earnings ratio of 10.96.
American National Bankshares Inc is a bank holding company. American National Bank and Trust Company is the only banking subsidiary of the Company.
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