National Bankshares Inc (NASDAQ: NKSH) has reported E.P.S. of $0.37 for its first fiscal quarter (ending March 31) versus $0.77 for the same period a year ago. E.P.S. were $2.26 for the latest four quarters through March 31 versus $4.30 for the same period a year ago.
Recent Price Action
National Bankshares Inc (NASDAQ: NKSH) stock declined by -3.8% on 4/25/24. The shares closed at $27.90. This decline was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months but has declined -3.5% during the last week.
Current PriceTarget Research Rating
NKSH is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
National Bankshares has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. National Bankshares has a neutral Appreciation Score of 55 but a very high Power Rating of 87, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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