Pacific Premier Bancorp, Inc. (PPBI)
NASDAQ: PPBI · IEX Real-Time Price · USD
23.76
-0.06 (-0.25%)
May 20, 2024, 11:50 AM EDT - Market open
Pacific Premier Bancorp Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for PPBI stock have an average target of 26.33, with a low estimate of 25 and a high estimate of 28. The average target predicts an increase of 10.82% from the current stock price of 23.76.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PPBI stock from 6 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 | 0 | 0 | 0 | 1 | 1 |
| Buy | 1 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $31 → $26 | Buy | Maintains | $31 → $26 | +9.43% | Apr 29, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $32 → $27 | Strong Buy | Maintains | $32 → $27 | +13.64% | Apr 25, 2024 |
| Raymond James | Raymond James | Buy Reiterates $29 → $25 | Buy | Reiterates | $29 → $25 | +5.22% | Apr 25, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $29 → $27 | Hold | Maintains | $29 → $27 | +13.64% | Apr 25, 2024 |
| Wedbush | Wedbush | Hold Reiterates $25 | Hold | Reiterates | $25 | +5.22% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
622.42M
from 440.99M
Increased by 41.14%
Revenue Next Year
648.58M
from 622.42M
Increased by 4.20%
EPS This Year
1.99
from 0.31
Increased by 540.44%
EPS Next Year
2.14
from 1.99
Increased by 7.72%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 692.9M | 695.9M |
| Avg | 622.4M | 648.6M |
| Low | 576.5M | 599.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 57.1% | 11.8% |
| Avg | 41.1% | 4.2% |
| Low | 30.7% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.30 | 2.57 |
| Avg | 1.99 | 2.14 |
| Low | 1.68 | 1.65 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 641.8% | 29.6% |
| Avg | 540.4% | 7.7% |
| Low | 440.6% | -17.1% |
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.