Zacks: National Bankshares Inc. (NKSH) Given Average Rating of “Strong Buy” by Brokerages
National Bankshares Inc. (NASDAQ:NKSH) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Zacks has also given National Bankshares an industry rank of 65 out of 255 based on the ratings given to related companies.
Separately, BidaskClub raised National Bankshares from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 16th.
NASDAQ NKSH traded up $0.05 during trading on Friday, reaching $45.35. 100 shares of the company’s stock were exchanged, compared to its average volume of 4,896. National Bankshares has a fifty-two week low of $37.55 and a fifty-two week high of $49.75. The firm has a market capitalization of $317.28 million, a PE ratio of 20.18 and a beta of 0.15.
National Bankshares (NASDAQ:NKSH) last announced its quarterly earnings data on Friday, July 27th. The bank reported $0.62 EPS for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.04). National Bankshares had a return on equity of 8.50% and a net margin of 27.73%.
About National Bankshares
National Bankshares, Inc operates as the bank holding company for the National Bank of Blacksburg that provides retail and commercial banking services to individuals, businesses, non-profits, and local governments. The company accepts interest-bearing and non-interest bearing demand deposit accounts, money market deposit accounts, savings accounts, certificates of deposits, and individual retirement accounts Its loan products include commercial and agricultural, commercial real estate, residential real estate, home equity, and various consumer loan products, as well as loans for the construction of commercial and residential properties.
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