Business First Bancshares, Inc. (BFST)
NASDAQ: BFST · IEX Real-Time Price · USD
22.28
-0.07 (-0.31%)
Mar 28, 2024, 4:00 PM EDT - Market closed

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 an increase of 4.71% from the current stock price of 22.28.

Analyst Consensus: Buy
Target Low Average Median High
Price $20 $23.33 $24 $26
Change -10.23% +4.71% +7.72% +16.70%
* 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000000
Buy 444333
Hold 000111
Sell 000000
Strong Sell 000000
Total 444444

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$23$26
Buy Maintains $23$26 +16.70% Jan 24, 2024
Raymond James
Raymond James
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 5, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$22$23
Buy Maintains $22$23 +3.23% Oct 27, 2023
Stephens & Co.
Stephens & Co.
Buy
Maintains
$23$24
Buy Maintains $23$24 +7.72% Oct 27, 2023
Stephens & Co.
Stephens & Co.
Buy
Maintains
$18$25
Buy Maintains $18$25 +12.21% Jul 28, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
262.70M
from 247.29M
Increased by 6.23%
Revenue Next Year
287.10M
from 262.70M
Increased by 9.29%
EPS This Year
2.35
from 2.59
Decreased by -9.42%
EPS Next Year
2.59
from 2.35
Increased by 10.26%
Year 2019202020212022202320242025
Revenue
88.30M137.78M181.62M218.00M247.29M262.70M287.10M
Revenue Growth
30.59%56.03%31.82%20.03%13.43%6.23%9.29%
EPS
1.741.642.532.322.592.352.59
EPS Growth
42.62%-5.75%54.27%-8.30%11.64%-9.42%10.26%
No. Analysts -----88
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 272.2M 303.4M
Avg 262.7M 287.1M
Low 249.1M 268.3M

Revenue Growth

Revenue Growth 20242025
High
10.1%
15.5%
Avg
6.2%
9.3%
Low
0.7%
2.1%

EPS Forecast

EPS 20242025
High 2.63 2.91
Avg 2.35 2.59
Low 1.98 2.30

EPS Growth

EPS Growth 20242025
High
1.4%
24.0%
Avg
-9.4%
10.3%
Low
-23.6%
-1.8%
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.