Farmers National Banc Corp. (NASDAQ:FMNB)‘s stock had its “buy” rating reissued by stock analysts at Keefe, Bruyette & Woods in a research note issued to investors on Thursday. They currently have a $16.00 target price on the bank’s stock. Keefe, Bruyette & Woods’ target price indicates a potential upside of 13.88% from the stock’s previous close.

Separately, Zacks Investment Research downgraded shares of Farmers National Banc Corp. from a “buy” rating to a “hold” rating in a report on Monday, April 3rd.

Shares of Farmers National Banc Corp. (NASDAQ:FMNB) traded down 2.09% during mid-day trading on Thursday, hitting $14.05. 38,438 shares of the stock were exchanged. Farmers National Banc Corp. has a 52-week low of $8.90 and a 52-week high of $15.50. The firm has a market cap of $380.28 million, a price-to-earnings ratio of 17.78 and a beta of 0.47. The stock has a 50-day moving average price of $14.55 and a 200 day moving average price of $13.96.

Farmers National Banc Corp. (NASDAQ:FMNB) last posted its quarterly earnings data on Wednesday, July 26th. The bank reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.01. Farmers National Banc Corp. had a net margin of 22.03% and a return on equity of 10.06%. The company had revenue of $24.43 million for the quarter, compared to analyst estimates of $24.80 million. On average, equities research analysts expect that Farmers National Banc Corp. will post $0.90 earnings per share for the current year.

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Several institutional investors have recently bought and sold shares of FMNB. Russell Investments Group Ltd. bought a new position in Farmers National Banc Corp. during the fourth quarter valued at about $142,000. Prudential Financial Inc. increased its position in Farmers National Banc Corp. by 0.9% in the first quarter. Prudential Financial Inc. now owns 11,810 shares of the bank’s stock valued at $169,000 after buying an additional 100 shares during the period. Menta Capital LLC bought a new position in Farmers National Banc Corp. during the first quarter valued at about $174,000. Wedbush Securities Inc. increased its position in Farmers National Banc Corp. by 26.4% in the first quarter. Wedbush Securities Inc. now owns 12,700 shares of the bank’s stock valued at $182,000 after buying an additional 2,650 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its position in Farmers National Banc Corp. by 206.5% in the first quarter. O Shaughnessy Asset Management LLC now owns 13,114 shares of the bank’s stock valued at $188,000 after buying an additional 8,836 shares during the period. Hedge funds and other institutional investors own 33.94% of the company’s stock.

Farmers National Banc Corp. Company Profile

Farmers National Banc Corp. is a one-bank holding company. The Company’s principal business consists of owning and supervising its subsidiaries. The Company operates through tree segments: the Bank, Trust and Retirement Consulting. The Company operates principally through its subsidiaries, The Farmers National Bank of Canfield (the Bank or Farmers Bank), Farmers Trust Company (Trust or Farmers Trust), National Associates, Inc (NAI) and Farmers National Captive, Inc (Captive).

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