Preferred Bank (PFBC)
NASDAQ: PFBC · IEX Real-Time Price · USD
79.79
-0.18 (-0.23%)
May 20, 2024, 10:27 AM EDT - Market open
Preferred Bank Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Preferred Bank stock has a target of 68, which predicts a decrease of -14.78% from the current stock price of 79.79.
Analyst Consensus: Buy
* Price targets were last updated on Jul 21, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Preferred Bank is "Buy". This means that the analyst believes 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 | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $64 → $68 | Buy | Maintains | $64 → $68 | -14.78% | Jul 21, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $64 | Buy | Reiterates | $64 | -19.79% | Jul 20, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $64 → $60 | Hold | Maintains | $64 → $60 | -24.80% | Apr 20, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $81 | Buy | Reiterates | $81 | +1.52% | Mar 13, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $82 → $76 | Hold | Maintains | $82 → $76 | -4.75% | Jan 20, 2023 |
Financial Forecast
Revenue This Year
269.99M
from 481.76M
Decreased by -43.96%
Revenue Next Year
263.78M
from 269.99M
Decreased by -2.30%
EPS This Year
9.58
from 10.52
Decreased by -8.95%
EPS Next Year
8.96
from 9.58
Decreased by -6.51%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 289.8M | 280.8M |
| Avg | 270.0M | 263.8M |
| Low | 252.7M | 242.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -39.8% | 4.0% |
| Avg | -44.0% | -2.3% |
| Low | -47.5% | -10.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 10.24 | 10.47 |
| Avg | 9.58 | 8.96 |
| Low | 8.67 | 7.60 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -2.7% | 9.3% |
| Avg | -8.9% | -6.5% |
| Low | -17.6% | -20.7% |
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.