Farmers National Banc (NASDAQ:FMNB) Receiving Favorable Press Coverage, Accern Reports

News articles about Farmers National Banc (NASDAQ:FMNB) have been trending positive recently, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Farmers National Banc earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned news coverage about the bank an impact score of 45.4460940679834 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several equities research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Farmers National Banc from a “sell” rating to a “hold” rating in a research note on Saturday, April 21st. Keefe, Bruyette & Woods restated a “hold” rating and issued a $18.00 price objective on shares of Farmers National Banc in a research note on Thursday, April 19th. Raymond James upgraded shares of Farmers National Banc from a “market perform” rating to an “outperform” rating in a research note on Tuesday, March 27th. Zacks Investment Research upgraded shares of Farmers National Banc from a “hold” rating to a “buy” rating and set a $17.00 price objective on the stock in a research note on Monday, April 23rd. Finally, Sandler O’Neill restated a “hold” rating and issued a $15.00 price objective on shares of Farmers National Banc in a research note on Tuesday, March 27th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $16.67.

FMNB stock traded down $0.10 during trading on Tuesday, reaching $15.40. 17,800 shares of the company were exchanged, compared to its average volume of 33,078. Farmers National Banc has a 52-week low of $15.40 and a 52-week high of $15.40. The company has a market cap of $427.05 million, a P/E ratio of 17.22 and a beta of 0.40. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.03.

Farmers National Banc (NASDAQ:FMNB) last posted its quarterly earnings data on Wednesday, April 18th. The bank reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.02. The business had revenue of $24.96 million during the quarter, compared to analyst estimates of $25.70 million. Farmers National Banc had a net margin of 23.01% and a return on equity of 11.27%. equities research analysts expect that Farmers National Banc will post 1.14 earnings per share for the current year.

About Farmers National Banc

Farmers National Banc Corp., through its subsidiaries, operates in the banking, trust, retirement consulting, insurance, and financial management industries. The company offers commercial and retail banking services, including checking, savings, and time deposit accounts; commercial, mortgage and installment, and home equity loans; home equity lines of credit, night depository, safe deposit box, money order, bank check, automated teller machine, Internet banking, travel card, E bond transaction, credit card, brokerage, and other services.

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