South Plains Financial, Inc. (SPFI)
NASDAQ: SPFI · Real-Time Price · USD
32.48
+0.55 (1.72%)
Oct 4, 2024, 4:00 PM EDT - Market closed
South Plains Financial Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for SPFI stock have an average target of 33.5, with a low estimate of 31 and a high estimate of 36. The average target predicts an increase of 3.14% from the current stock price of 32.48.
Analyst Consensus: Buy
* Price targets were last updated on Jul 23, 2024.
Analyst Ratings
The average analyst rating for SPFI 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 4 | 4 | 3 | 3 | 3 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $32 → $36 | Buy | Maintains | $32 → $36 | +10.84% | Jul 23, 2024 |
| Raymond James | Raymond James | Buy Maintains $28 → $31 | Buy | Maintains | $28 → $31 | -4.56% | Jan 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $28 → $29 | Buy | Maintains | $28 → $29 | -10.71% | Jul 26, 2023 |
| Raymond James | Raymond James | Buy Maintains $25 → $28 | Buy | Maintains | $25 → $28 | -13.79% | Jul 26, 2023 |
| Hovde Group | Hovde Group | Buy Initiates $28 | Buy | Initiates | $28 | -13.79% | Jul 14, 2023 |
Financial Forecast
Revenue This Year
198.29M
Revenue Next Year
207.47M
from 198.29M
Increased by 4.63%
EPS This Year
2.63
from 3.62
Decreased by -27.23%
EPS Next Year
2.72
from 2.63
Increased by 3.19%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 205.6M | 221.7M |
| Avg | 198.3M | 207.5M |
| Low | 189.1M | 196.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | - | 11.8% |
| Avg | - | 4.6% |
| Low | - | -1.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.79 | 2.94 |
| Avg | 2.63 | 2.72 |
| Low | 2.43 | 2.51 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -22.8% | 11.6% |
| Avg | -27.2% | 3.2% |
| Low | -32.9% | -4.8% |
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.