Amalgamated Financial Corp. (AMAL)
NASDAQ: AMAL · IEX Real-Time Price · USD
28.47
+0.20 (0.71%)
Jul 12, 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 7.13% from the current stock price of 28.47.

Analyst Consensus: Buy
Target Low Average Median High
Price $29 $30.5 $30 $32.5
Change +1.86% +7.13% +5.37% +14.16%

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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 000000
Buy 223333
Hold 000000
Sell 000000
Strong Sell 000000
Total 223333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Buy
Maintains
$32$33
Buy Maintains $32$33 +14.16% Jun 27, 2024
Piper Sandler
Piper Sandler
Buy
Reiterates
$28$29
Buy Reiterates $28$29 +1.86% Apr 26, 2024
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Buy
Maintains
$32$30
Buy Maintains $32$30 +5.37% Apr 5, 2024
JP Morgan
JP Morgan
Buy
Maintains
$33$30
Buy Maintains $33$30 +3.62% Apr 4, 2024
JP Morgan
JP Morgan
Buy
Maintains
$29$32
Buy Maintains $29$32 +12.40% Jan 5, 2024
More Analyst Ratings

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%
Year 2019202020212022202320242025
Revenue
192.00M195.83M202.98M248.74M275.98M314.51M326.58M
Revenue Growth
7.67%1.99%3.65%22.54%10.95%13.96%3.84%
EPS
1.471.481.682.612.863.193.34
EPS Growth
0.68%0.68%13.51%55.36%9.58%11.45%4.75%
Forward PE
-----8.938.53
No. Analysts -----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 324.9M 343.4M
Avg 314.5M 326.6M
Low 300.9M 309.7M

Revenue Growth

Revenue Growth 20242025
High
17.7%
9.2%
Avg
14.0%
3.8%
Low
9.0%
-1.5%

EPS Forecast

EPS 20242025
High 3.30 3.49
Avg 3.19 3.34
Low 3.05 3.13

EPS Growth

EPS Growth 20242025
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.