Farmers National Banc Corp. (NASDAQ: FMNB) recently received the rating of “Hold” after a consensus from analysts of seven brokerages covering this stock.
Among the seven analysts’ ratings, one has given out a rating of “Hold”, three brokerages have rated the company as “Buy” and two as “Sell”. The revised 52-week target price as set by these brokerages now stand at $12.83.
FMNB stocks traded at $13.27 this Friday. The company’ current market capitalization stands at $375.01 million. It has a positive PE ratio of 9.35 along with a beta of 0.93 at the moment. The 12-monthly high to low ranges from $16.50 to $9.82. The 50SMA (50 Days Simple Moving Average) stands at $13.17 and its 200SMA stands at $11.88. The debt-to-equity of this company is 0.23. The current ratio stands at 0.92 and the quick ratio stands at 0.92.
Farmers National Banc Corp. (NASDAQ: FMNB) Stock Analysis
The quarterly earnings report for the previous quarter was released on the 28th of October. The earnings stood at $0.39 EPS that topped the general consensus of $0.34 proposed by several equities’ analysts. The company’s return on equity stands at 13.01% along with the net margin of 28.05%. The estimated income for the firm was marked at $33.20 million but it made $33.63 million for the quarter. Expert analysts further expect that the company will post its FY2020 earnings of 1.45 per share.
NASDAQ: FMNB has recently been the subject of a lot of reports by research analysts. Some such as Zacks Investment Research, ValuEngine, BidAskClub, TheStreet, Piper Sandler and so on have posted reports on this company over the last few months.
Several hedge funds and institutional investors have also been involved in buying and selling of FMNB shares recently. Among few of the notable ones, Capital Management LLC, LSV Asset Management, Farmers Trust Co., Bank Of America, Arrow-street Capital Limited Partnership and so on lifted their shareholdings of FMNB stocks.