Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $36.99 in the prior trading day, Atlantic Union Bankshares Corp (NYSE: AUB) closed at $36.53, down -1.24%. In other words, the price has decreased by -$1.24 from its previous closing price. On the day, 1.18 million shares were traded. AUB stock price reached its highest trading level at $37.2299 during the session, while it also had its lowest trading level at $36.04.
Ratios:
Our goal is to gain a better understanding of AUB by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Hovde Group on September 13, 2024, Reiterated its Outperform rating but revised its target price to $45 from $46 previously.
On July 26, 2024, Hovde Group reiterated its Outperform rating and also lowered its target price recommendation from $40 to $46.
On September 13, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $36.Stephens initiated its Overweight rating on September 13, 2023, with a $36 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 06 ’24 when Ellett Frank Russell bought 5,000 shares for $31.71 per share. The transaction valued at 158,550 led to the insider holds 47,334 shares of the business.
Ellett Frank Russell bought 5,000 shares of AUB for $157,700 on Jun 07 ’24. The Director now owns 52,334 shares after completing the transaction at $31.54 per share. On Jun 10 ’24, another insider, Ellett Frank Russell, who serves as the Director of the company, bought 4,467 shares for $30.85 each. As a result, the insider paid 137,807 and bolstered with 56,801 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AUB now has a Market Capitalization of 3279327232 and an Enterprise Value of 3769417216. As of this moment, Atlantic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.18, and their Forward P/E ratio for the next fiscal year is 11.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.56 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 5.086.
Stock Price History:
Over the past 52 weeks, AUB has reached a high of $44.54, while it has fallen to a 52-week low of $30.43. The 50-Day Moving Average of the stock is -9.25%, while the 200-Day Moving Average is calculated to be -0.19%.
Shares Statistics:
The stock has traded on average 1.02M shares per day over the past 3-months and 808730 shares per day over the last 10 days, according to various share statistics. A total of 89.77M shares are outstanding, with a floating share count of 88.81M. Insiders hold about 1.07% of the company’s shares, while institutions hold 75.94% stake in the company. Shares short for AUB as of 1734048000 were 4586948 with a Short Ratio of 4.51, compared to 1731628800 on 4213064. Therefore, it implies a Short% of Shares Outstanding of 4586948 and a Short% of Float of 6.670000399999999.
Dividends & Splits
In the trailing 12 months, AUB’s forward annual dividend rate was 1.28, compared to 1.30 this year. Against a Trailing Annual Dividend Yield of 0.034603946The stock’s 5-year Average Dividend Yield is 3.47.
