PennantPark Floating Rate Capital Ltd. (PFLT)
NYSE: PFLT · IEX Real-Time Price · USD
11.39
+0.10 (0.89%)
May 31, 2024, 4:00 PM EDT - Market closed
PFLT Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for PFLT stock have an average target of 11.75, with a low estimate of 11 and a high estimate of 12.5. The average target predicts an increase of 3.16% from the current stock price of 11.39.
Analyst Consensus: Buy
* Price targets were last updated on Mar 26, 2024.
Analyst Ratings
The average analyst rating for PFLT stock from 2 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 | 1 | 1 | 1 | 0 | 0 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JMP Securities | JMP Securities | Buy Reiterates $13 | Buy | Reiterates | $13 | +9.75% | Mar 26, 2024 |
JMP Securities | JMP Securities | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +9.75% | Jan 18, 2024 |
UBS | UBS | Hold Initiates $11 | Hold | Initiates | $11 | -3.42% | Jun 8, 2023 |
JMP Securities | JMP Securities | Buy Reiterates $12 | Buy | Reiterates | $12 | +5.36% | May 15, 2023 |
JMP Securities | JMP Securities | Buy Reiterates $12 | Buy | Reiterates | $12 | +5.36% | Mar 13, 2023 |
Financial Forecast
Revenue This Year
159.75M
from 139.34M
Increased by 14.65%
Revenue Next Year
196.76M
from 159.75M
Increased by 23.17%
EPS This Year
1.32
from 0.77
Increased by 71.15%
EPS Next Year
1.30
from 1.32
Decreased by -1.08%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 164.5M | 214.1M |
Avg | 159.8M | 196.8M |
Low | 153.5M | 162.7M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 18.0% | 34.0% |
Avg | 14.7% | 23.2% |
Low | 10.2% | 1.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.41 | 1.42 | 1.27 |
Avg | 1.32 | 1.30 | 1.23 |
Low | 1.24 | 1.22 | 1.19 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 82.7% | 7.6% | -2.5% |
Avg | 71.1% | -1.1% | -5.3% |
Low | 61.6% | -7.8% | -9.0% |
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.