PennantPark Floating Rate Capital Ltd. (PFLT)
NYSE: PFLT · Real-Time Price · USD
11.07
+0.03 (0.27%)
Nov 22, 2024, 4:00 PM EST - Market closed

PFLT Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for PFLT stock have an average target of 12, which predicts an increase of 8.40% from the current stock price of 11.07.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $12 $12 $12 $12
Change +8.40% +8.40% +8.40% +8.40%
* Price targets were last updated on Aug 12, 2024.

Analyst Ratings

The average analyst rating for PFLT stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 001111
Buy 111111
Hold 100000
Sell 000000
Strong Sell 000000
Total 212222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Maxim Group
Maxim Group
Strong Buy
Upgrades
$12
Strong Buy Upgrades $12 +8.40% Aug 12, 2024
JMP Securities
JMP Securities
Buy
Maintains
$13$12
Buy Maintains $13$12 +8.40% Jul 30, 2024
JMP Securities
JMP Securities
Buy
Reiterates
$13
Buy Reiterates $13 +12.92% Mar 26, 2024
JMP Securities
JMP Securities
Buy
Maintains
$12$13
Buy Maintains $12$13 +12.92% Jan 18, 2024
UBS
UBS
Hold
Initiates
$11
Hold Initiates $11 -0.63% Jun 8, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
179.84M
from 139.34M
Increased by 29.07%
Revenue Next Year
206.00M
from 179.84M
Increased by 14.55%
EPS This Year
1.30
from 0.77
Increased by 67.94%
EPS Next Year
1.28
from 1.30
Decreased by -1.31%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Sep 30, 2019 Sep 30, 2020 Sep 30, 2021 Sep 30, 2022 Sep 30, 2023 Sep 30, 2024 Sep 30, 2025 Sep 30, 2026
Revenue
92.95M95.49M82.69M105.49M139.34M179.84M206.00M201.69M
Revenue Growth
28.73%2.73%-13.40%27.56%32.09%29.07%14.55%-2.09%
EPS
0.290.471.460.080.771.301.281.25
EPS Growth
-66.33%61.29%206.98%-94.23%818.43%67.94%-1.31%-1.99%
Forward PE
-----8.538.658.82
No. Analysts -----994
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 193.9M 229.1M 207.6M
Avg 179.8M 206.0M 201.7M
Low 153.5M 162.7M 193.8M

Revenue Growth

Revenue Growth 202420252026
High
39.1%
27.4%
0.8%
Avg
29.1%
14.5%
-2.1%
Low
10.2%
-9.6%
-5.9%

EPS Forecast

EPS 202420252026
High 1.34 1.34 1.34
Avg 1.30 1.28 1.25
Low 1.23 1.22 1.16

EPS Growth

EPS Growth 202420252026
High
74.0%
3.6%
5.0%
Avg
67.9%
-1.3%
-2.0%
Low
59.9%
-6.3%
-9.7%
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.