Atlantic Union Bankshares Corp (NYSE: AUB) is -8.94% 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 $32.44 in the last trading session, with the day’s gains setting it 0.96%.
Currently trading at $33.4, the stock is 3.82% and 7.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing 2.96% at the moment leaves the stock -3.60% off its SMA200. AUB registered -11.83% loss for a year compared to 6-month loss of -11.48%. The firm has a 50-day simple moving average (SMA 50) of $30.808 and a 200-day simple moving average (SMA200) of $34.71585.
The stock witnessed a 9.51% gain in the last 1 month and extending the period to 3 months gives it a 35.22%, and is -0.80% 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 2.94% over the week and 2.60% over the month.
Atlantic Union Bankshares Corp (AUB) has around 2125 employees, a market worth around $4.76B and $1.39B in sales. Current P/E ratio is 15.29 and Fwd P/E is 8.80. Profit margin for the company is 14.17%. Distance from 52-week low is 46.17% and -25.01% from its 52-week high. The company has generated returns on investments over the last 12 months (5.38%).
The EPS is expected to grow by 13.63% this year
446.0 institutions hold shares in Atlantic Union Bankshares Corp (AUB), with institutional investors hold 65.48% of the company’s shares. The shares outstanding are 142.47M, and float is at 141.16M with Short Float at 5.36%. Institutions hold 64.91% 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.
