Amalgamated Financial Corp. (AMAL)
NASDAQ: AMAL · IEX Real-Time Price · USD
26.88
-0.16 (-0.59%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Amalgamated Financial Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for AMAL stock have an average target of 30.5, with a low estimate of 29 and a high estimate of 32.5. The average target predicts an increase of 13.47% from the current stock price of 26.88.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for AMAL stock from 3 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Buy Maintains $32 → $33 | Buy | Maintains | $32 → $33 | +20.91% | Jun 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Reiterates $28 → $29 | Buy | Reiterates | $28 → $29 | +7.89% | Apr 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $32 → $30 | Buy | Maintains | $32 → $30 | +11.61% | Apr 5, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $33 → $30 | Buy | Maintains | $33 → $30 | +9.75% | Apr 4, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $29 → $32 | Buy | Maintains | $29 → $32 | +19.05% | Jan 5, 2024 |
Financial Forecast
Revenue This Year
314.51M
from 275.98M
Increased by 13.96%
Revenue Next Year
326.58M
from 314.51M
Increased by 3.84%
EPS This Year
3.19
from 2.86
Increased by 11.45%
EPS Next Year
3.34
from 3.19
Increased by 4.75%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 324.9M | 343.4M |
| Avg | 314.5M | 326.6M |
| Low | 300.9M | 309.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 17.7% | 9.2% |
| Avg | 14.0% | 3.8% |
| Low | 9.0% | -1.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.30 | 3.49 |
| Avg | 3.19 | 3.34 |
| Low | 3.05 | 3.13 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 15.3% | 9.4% |
| Avg | 11.5% | 4.7% |
| Low | 6.6% | -1.9% |
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.