Balchem Corporation (BCPC)

Stock Price Forecast

According to 9 stock analysts, the average 12-month stock price forecast for Balchem stock is $153, which predicts an increase of 21.64%. The lowest target is $141.4 and the highest is $168. On average, analysts rate Balchem stock as a buy.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$141.4	$153	$153	$168
Change	+12.42%	+21.64%	+21.64%	+33.57%

Analyst Ratings

The average analyst rating for Balchem stock from 9 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	Oct '22	Nov '22	Dec '22	Jan '23	Feb '23	Mar '23
Strong Buy	3	3	3	3	3	3
Buy	5	5	5	5	5	5
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	9	9	9	9	9

Financial Forecast

Revenue This Year

1.01B

Increased by 7.28%

from 942.36M

Revenue Next Year

1.08B

Increased by 6.43%

from 1.01B

EPS This Year

3.74

Increased by 14.97%

from 3.25

EPS Next Year

4.19

Increased by 12.19%

from 3.74

Year	2018	2019	2020	2021	2022	2023	2024
Revenue	643.68M	643.71M	703.64M	799.02M	942.36M	1.01B	1.08B
Revenue Growth	8.22%	0.00%	9.31%	13.56%	17.94%	7.28%	6.43%
EPS	2.42	2.45	2.60	2.94	3.25	3.74	4.19
EPS Growth	-13.26%	1.24%	6.12%	13.08%	10.54%	14.97%	12.19%
No. Analysts	-	-	-	-	-	5	5

Revenue Forecast

Revenue	2023	2024
High	1.0B	1.1B
Avg	1.0B	1.1B
Low	969.6M	1.0B

Revenue Growth

Revenue Growth	2023	2024
High	10.6%	10.8%
Avg	7.3%	6.4%
Low	2.9%	1.1%

EPS Forecast

EPS	2023	2024
High	4.25	4.54
Avg	3.74	4.19
Low	3.27	3.82

EPS Growth

EPS Growth	2023	2024
High	30.8%	21.4%
Avg	15.0%	12.2%
Low	0.7%	2.3%

Sources: Price target, rating and forecast data provided by Finnhub and sourced from Wall Street analysts and other sell-side and buy-side analysts and investors. Data disclaimer.