Balchem Corporation (BCPC)
NASDAQ: BCPC · IEX Real-Time Price · USD
139.01
+0.51 (0.37%)
Apr 26, 2024, 10:28 AM EDT - Market open
Balchem Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Balchem stock has a target of 135, which predicts a decrease of -2.88% from the current stock price of 139.01.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 30, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Balchem 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $165 → $135 | Strong Buy | Maintains | $165 → $135 | -2.88% | Oct 30, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $150 → $165 | Strong Buy | Maintains | $150 → $165 | +18.70% | Jul 31, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $140 → $150 | Strong Buy | Maintains | $140 → $150 | +7.91% | Jun 5, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $152 → $140 | Strong Buy | Maintains | $152 → $140 | +0.71% | Feb 27, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $164 → $152 | Strong Buy | Maintains | $164 → $152 | +9.34% | Nov 7, 2022 |
Financial Forecast
Revenue This Year
984.41M
from 922.44M
Increased by 6.72%
Revenue Next Year
1.04B
from 984.41M
Increased by 5.44%
EPS This Year
4.36
from 3.35
Increased by 30.01%
EPS Next Year
4.89
from 4.36
Increased by 12.30%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.0B | 1.1B |
| Avg | 984.4M | 1.0B |
| Low | 939.2M | 982.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 10.6% | 10.2% |
| Avg | 6.7% | 5.4% |
| Low | 1.8% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.62 | 5.20 |
| Avg | 4.36 | 4.89 |
| Low | 4.06 | 4.55 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 37.9% | 19.3% |
| Avg | 30.0% | 12.3% |
| Low | 21.1% | 4.4% |
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.