Business First Bancshares, Inc. (BFST)
NASDAQ: BFST · IEX Real-Time Price · USD
23.60
-0.19 (-0.80%)
At close: Jul 19, 2024, 4:00 PM
23.59
-0.01 (-0.04%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Business First Bancshares Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for BFST stock have an average target of 23.33, with a low estimate of 20 and a high estimate of 26. The average target predicts a decrease of -1.14% from the current stock price of 23.60.
Analyst Consensus: Buy
* Price targets were last updated on Jan 24, 2024.
Analyst Ratings
The average analyst rating for BFST stock from 4 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 '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $23 → $26 | Buy | Maintains | $23 → $26 | +10.17% | Jan 24, 2024 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jan 5, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $22 → $23 | Buy | Maintains | $22 → $23 | -2.54% | Oct 27, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $23 → $24 | Buy | Maintains | $23 → $24 | +1.69% | Oct 27, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $18 → $25 | Buy | Maintains | $18 → $25 | +5.93% | Jul 28, 2023 |
Financial Forecast
Revenue This Year
268.55M
from 247.29M
Increased by 8.60%
Revenue Next Year
330.27M
from 268.55M
Increased by 22.98%
EPS This Year
2.07
from 2.59
Decreased by -19.90%
EPS Next Year
2.74
from 2.07
Increased by 31.96%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 280.5M | 346.9M |
| Avg | 268.6M | 330.3M |
| Low | 252.8M | 314.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 13.4% | 29.2% |
| Avg | 8.6% | 23.0% |
| Low | 2.2% | 16.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.27 | 2.95 |
| Avg | 2.07 | 2.74 |
| Low | 1.81 | 2.50 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -12.4% | 42.2% |
| Avg | -19.9% | 32.0% |
| Low | -30.0% | 20.5% |
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.