Business First Bancshares, Inc. (BFST)
NASDAQ: BFST · IEX Real-Time Price · USD
21.72
-0.04 (-0.16%)
May 20, 2024, 10:27 AM EDT - Market open
Business First Bancshares Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for BFST stock have an average target of 23.33, with a low estimate of 20 and a high estimate of 26. The average target predicts an increase of 7.44% from the current stock price of 21.72.
Analyst Consensus: Buy
* Price targets were last updated on Jan 24, 2024.
Analyst Ratings
The average analyst rating for BFST stock from 4 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 | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $23 → $26 | Buy | Maintains | $23 → $26 | +19.73% | Jan 24, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 5, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $22 → $23 | Buy | Maintains | $22 → $23 | +5.92% | Oct 27, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $23 → $24 | Buy | Maintains | $23 → $24 | +10.52% | Oct 27, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $18 → $25 | Buy | Maintains | $18 → $25 | +15.13% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
262.65M
from 247.29M
Increased by 6.21%
Revenue Next Year
286.52M
from 262.65M
Increased by 9.09%
EPS This Year
2.36
from 2.59
Decreased by -9.04%
EPS Next Year
2.58
from 2.36
Increased by 9.44%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 271.7M | 303.4M |
| Avg | 262.7M | 286.5M |
| Low | 249.1M | 268.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.9% | 15.5% |
| Avg | 6.2% | 9.1% |
| Low | 0.7% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.63 | 2.91 |
| Avg | 2.36 | 2.58 |
| Low | 2.08 | 2.33 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 1.4% | 23.5% |
| Avg | -9.0% | 9.4% |
| Low | -19.8% | -1.0% |
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.