Phillips Edison & Company, Inc. (PECO)
NASDAQ: PECO · Real-Time Price · USD
37.73
-0.37 (-0.97%)
Dec 23, 2024, 4:00 PM EST - Market closed

Phillips Edison & Company Stock Forecast

Stock Price Forecast

The 6 analysts with 12-month price forecasts for PECO stock have an average target of 38.33, with a low estimate of 37 and a high estimate of 41. The average target predicts an increase of 1.59% from the current stock price of 37.73.

Analyst Consensus: Buy
Target Low Average Median High
Price $37 $38.33 $38 $41
Change -1.93% +1.59% +0.72% +8.67%

Analyst Ratings

The average analyst rating for PECO stock from 7 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 311111
Buy 011122
Hold 444444
Sell 100000
Strong Sell 000000
Total 866677

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Mizuho
Mizuho
Buy
Maintains
$39$41
Buy Maintains $39$41 +8.67% Dec 10, 2024
Wolfe Research
Wolfe Research
Buy
Upgrades
n/a
Buy Upgrades n/a n/a Nov 13, 2024
Compass Point
Compass Point
Hold
Maintains
$36$37
Hold Maintains $36$37 -1.93% Sep 10, 2024
Wells Fargo
Wells Fargo
Hold
Upgrades
$37
Hold Upgrades $37 -1.93% Aug 28, 2024
Mizuho
Mizuho
Buy
Maintains
$33$36
Buy Maintains $33$36 -4.59% Aug 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
659.05M
Revenue Next Year
706.10M
from 659.05M
Increased by 7.14%
EPS This Year
0.46
from 0.48
Decreased by -4.28%
EPS Next Year
0.58
from 0.46
Increased by 26.22%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----659.05M706.10M744.17M
Revenue Growth
24.70%-7.21%6.99%7.98%6.04%-7.14%5.39%
EPS
-0.670.050.150.420.480.460.580.68
EPS Growth
--200.50%183.34%14.61%-4.28%26.22%16.64%
Forward PE
-----82.2065.1255.83
No. Analysts -----997
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 694.0M 752.9M 806.8M
Avg 659.1M 706.1M 744.2M
Low 592.3M 655.0M 679.1M

Revenue Growth

Revenue Growth 202420252026
High -
14.2%
14.3%
Avg -
7.1%
5.4%
Low -
-0.6%
-3.8%

EPS Forecast

EPS 202420252026
High 0.49 0.77 0.87
Avg 0.46 0.58 0.68
Low 0.41 0.45 0.56

EPS Growth

EPS Growth 202420252026
High
2.9%
67.0%
50.4%
Avg
-4.3%
26.2%
16.6%
Low
-14.2%
-1.8%
-3.6%
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.