ACNB (NASDAQ:ACNB) Issues Earnings Results

ACNB (NASDAQ:ACNB) posted its quarterly earnings results on Thursday. The bank reported $0.77 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.06), Zacks reports. ACNB had a net margin of 23.43% and a return on equity of 10.18%.

ACNB Trading Up 2.1 %

NASDAQ ACNB traded up $0.81 during mid-day trading on Thursday, hitting $39.37. The company’s stock had a trading volume of 42,803 shares, compared to its average volume of 31,506. The firm has a market capitalization of $336.61 million, a P/E ratio of 11.44 and a beta of 0.66. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.94 and a quick ratio of 0.94. ACNB has a 52-week low of $30.24 and a 52-week high of $50.72. The stock’s fifty day simple moving average is $42.94 and its two-hundred day simple moving average is $41.86.

Wall Street Analysts Forecast Growth

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

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.