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StockNews.com analysts began covering American National Bankshares (NASDAQ: AMNB) with a “sell” rating. The company’s stock opened on Tuesday at $48.75 and has a 1-year low of $25.26 and high of $50.76. American National Bankshares has a market cap of $518.16 million and a price-to-earnings ratio of 17.23. Its stock has a fifty-day simple moving average of $43.38 and a 200-day simple moving average of $38.95.

In its last quarterly earnings report on October 19th, American National Bankshares reported $0.54 EPS, exceeding analysts’ consensus estimates of $0.51 by $0.03. The firm generated $35.83 million in revenue during the quarter. Analysts forecast that it will post 2.92 earnings per share for the current year.

Institutional investors including Raymond James Financial Services Advisors, MetLife Investment Management, and Vanguard Group, have increased their holdings in American National Bankshares. Approximately 42.37% of the stock is now owned by institutional investors.

American National Bankshares Inc is the bank holding company for American National Bank and Trust Company, offering financial products and services. It operates through the Community Banking and Wealth Management segments, accepting various deposit products. The company is publicly traded on the NASDAQ under the symbol AMNB.

Before considering an investment in American National Bankshares, read the latest news and expert analysis. MarketBeat tracks top-rated researchers and the stocks they recommend. Although AMNB has a “Hold” rating among analysts, there are five other stocks that top-rated analysts believe to be better buys.



Read more: American National Bankshares (NASDAQ:AMNB) Earns Sell Rating from Analysts at StockNews.com