Alert: Positive Investment/Fundamental Signals (11/6/23)-Atlantic Union Bankshares Corp (NYSE: AUB)


Atlantic Union Bankshares Corp (NYSE: AUB) has recently enjoyed extremely important positive changes in investment behavior: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.

Atlantic Union Bankshares Corp (NYSE: AUB). Important positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

AUB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Atlantic Union Bankshares has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Atlantic Union Bankshares has a good Appreciation Score of 71 but a neutral Power Rating of 48, producing the High Neutral Value Trend Rating.

Recent Price Action

Atlantic Union Bankshares Corp (NYSE: AUB) stock closed at $31.75 on 11/6/23 after a modest decline of -0.8%. The stock has risen 13.1% during the last week but has been weak relative to the market over the last nine months.

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