Amalgamated Financial Corp. (AMAL)
NASDAQ: AMAL · IEX Real-Time Price · USD
25.61
-0.18 (-0.72%)
May 20, 2024, 1:05 PM EDT - Market open
Amalgamated Financial Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for AMAL stock have an average target of 29.5, with a low estimate of 29 and a high estimate of 30. The average target predicts an increase of 15.21% from the current stock price of 25.61.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AMAL stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Reiterates $28 → $29 | Buy | Reiterates | $28 → $29 | +13.26% | Apr 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $32 → $30 | Buy | Maintains | $32 → $30 | +17.16% | Apr 5, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $33 → $30 | Buy | Maintains | $33 → $30 | +15.21% | Apr 4, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $29 | Hold → Buy | Upgrades | $29 | +13.26% | Dec 12, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $24 → $26 | Buy | Maintains | $24 → $26 | +1.54% | Dec 1, 2023 |
Financial Forecast
Revenue This Year
310.74M
from 275.98M
Increased by 12.60%
Revenue Next Year
326.41M
from 310.74M
Increased by 5.04%
EPS This Year
3.09
from 2.86
Increased by 7.93%
EPS Next Year
3.32
from 3.09
Increased by 7.48%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 322.4M | 341.3M |
| Avg | 310.7M | 326.4M |
| Low | 296.9M | 307.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 16.8% | 9.8% |
| Avg | 12.6% | 5.0% |
| Low | 7.6% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.23 | 3.48 |
| Avg | 3.09 | 3.32 |
| Low | 2.89 | 3.15 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 13.1% | 12.6% |
| Avg | 7.9% | 7.5% |
| Low | 1.0% | 1.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.