Atlantic Union Bankshares Corp (NYSE: AUB) is -17.60% lower on its value in year-to-date trading and has touched a low of $22.85 and a high of $44.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AUB stock was last observed hovering at around $33.68 in the last trading session, with the day’s loss setting it -0.59%.
Currently trading at $33.09, the stock is 0.73% and 5.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing -1.75% at the moment leaves the stock -4.25% off its SMA200. AUB registered -12.65% loss for a year compared to 6-month loss of -12.62%. The firm has a 50-day simple moving average (SMA 50) of $31.4206 and a 200-day simple moving average (SMA200) of $34.5603.
The stock witnessed a 6.09% gain in the last 1 month and extending the period to 3 months gives it a 25.58%, and is -0.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.31% over the week and 2.64% over the month.
Atlantic Union Bankshares Corp (AUB) has around 2125 employees, a market worth around $4.71B and $1.64B in sales. Current P/E ratio is 16.10 and Fwd P/E is 8.72. Profit margin for the company is 11.70%. Distance from 52-week low is 44.81% and -25.71% from its 52-week high. The company has generated returns on investments over the last 12 months (3.43%).
The EPS is expected to grow by 10.53% this year
451.0 institutions hold shares in Atlantic Union Bankshares Corp (AUB), with institutional investors hold 67.51% of the company’s shares. The shares outstanding are 141.69M, and float is at 141.16M with Short Float at 5.36%. Institutions hold 66.92% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 13.08 million shares valued at $429.6 million. The investor’s holdings represent 14.5682 of the AUB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.92 million shares valued at $358.8 million to account for 12.1672 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 5.68 million shares representing 6.3288 and valued at over $186.63 million, while STATE STREET CORP holds 4.8591 of the shares totaling 4.36 million with a market value of $143.29 million.
