Adams Resources & Energy, Inc. (AE)
NYSEAMERICAN: AE · IEX Real-Time Price · USD
29.48
-0.04 (-0.14%)
Apr 19, 2024, 1:16 PM EDT - Market open

Adams Resources & Energy Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for AE stock has a target of 50, which predicts an increase of 69.61% from the current stock price of 29.48.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $50 $50 $50 $50
Change +69.61% +69.61% +69.61% +69.61%
* Price targets were last updated on Aug 11, 2023.

Analyst Ratings

According to 1 stock analyst, the rating for AE is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Feb '24Mar '24Apr '24
Strong Buy 111
Buy 000
Hold 000
Sell 000
Strong Sell 000
Total 111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
B. Riley Securities
B. Riley Securities
Strong Buy
Maintains
$55$50
Strong Buy Maintains $55$50 +69.61% Aug 11, 2023
B. Riley Securities
B. Riley Securities
Strong Buy
Initiates
$45
Strong Buy Initiates $45 +52.65% Mar 17, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
2.41B
from 2.75B
Decreased by -12.40%
Revenue Next Year
2.48B
from 2.41B
Increased by 3.16%
EPS This Year
-0.43
from 0.08
EPS Next Year
-0.33
from -0.43
Year 2019202020212022202320242025
Revenue
1.81B1.02B2.03B3.37B2.75B2.41B2.48B
Revenue Growth
3.49%-43.55%98.08%66.25%-18.46%-12.40%3.16%
EPS
1.940.232.750.850.08-0.43-0.33
EPS Growth
177.14%-88.14%1,095.65%-69.09%-90.59%--
No. Analysts -----54
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 2.5B 2.5B
Avg 2.4B 2.5B
Low 2.3B 2.4B

Revenue Growth

Revenue Growth 20242025
High
-10.1%
5.2%
Avg
-12.4%
3.2%
Low
-17.1%
-1.8%

EPS Forecast

EPS 20242025
High 0.12 -0.34
Avg -0.43 -0.33
Low -0.92 -0.31

EPS Growth

EPS Growth 20242025
High
44.4%
-
Avg - -
Low - -
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.