ACNB (ACNB) Projected to Post Earnings on Thursday

ACNB (NASDAQ:ACNB) is expected to be posting its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect ACNB to post earnings of $0.83 per share and revenue of $26,630.00 billion for the quarter.

ACNB (NASDAQ:ACNB) last posted its quarterly earnings data on Thursday, October 24th. The bank reported $0.84 EPS for the quarter, missing the consensus estimate of $0.88 by ($0.04). ACNB had a net margin of 23.43% and a return on equity of 10.18%. The business had revenue of $34.07 million during the quarter, compared to analysts’ expectations of $27.51 million. On average, analysts expect ACNB to post $4 EPS for the current fiscal year and $3 EPS for the next fiscal year.

ACNB Price Performance

Shares of ACNB opened at $39.58 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.83. ACNB has a fifty-two week low of $30.24 and a fifty-two week high of $50.72. The company has a market cap of $338.41 million, a P/E ratio of 11.51 and a beta of 0.66. The firm’s 50 day moving average price is $43.30 and its 200 day moving average price is $41.83.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ACNB shares. StockNews.com upgraded ACNB from a “sell” rating to a “hold” rating in a report on Friday, November 15th. Janney Montgomery Scott assumed coverage on ACNB in a research note on Tuesday, November 19th. They issued a “buy” rating and a $53.00 price objective for the company.

About ACNB

ACNB Corporation, a financial holding company, offers banking, insurance, and financial services to individual, business, and government customers in the United States. The company provides checking, savings, and money market deposit accounts, as well as time deposits and debit cards. It also offers commercial lending products, such as commercial mortgages, real estate development and construction loans, accounts receivable and inventory financing, and agricultural and governmental loans; consumer lending products, including home equity loans and lines of credit, automobile and recreational vehicle loans, manufactured housing loans, and personal lines of credit; and mortgage lending programs include personal residential mortgages, and residential construction and investment mortgage loans.