Cathay General Bancorp (CATY)
NASDAQ: CATY · Real-Time Price · USD
47.49
+0.47 (1.00%)
Dec 20, 2024, 4:00 PM EST - Market closed
Cathay General Bancorp Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for CATY stock have an average target of 47.75, with a low estimate of 36 and a high estimate of 56. The average target predicts an increase of 0.55% from the current stock price of 47.49.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CATY stock from 4 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $45 → $56 | Hold | Maintains | $45 → $56 | +17.92% | Dec 4, 2024 |
| Wedbush | Wedbush | Buy Maintains $50 → $52 | Buy | Maintains | $50 → $52 | +9.50% | Oct 23, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $45 → $47 | Hold | Maintains | $45 → $47 | -1.03% | Sep 20, 2024 |
| Truist Securities | Truist Securities | Hold Maintains $38 → $45 | Hold | Maintains | $38 → $45 | -5.24% | Jul 24, 2024 |
| Wedbush | Wedbush | Buy Maintains $44 → $50 | Buy | Maintains | $44 → $50 | +5.29% | Jul 23, 2024 |
Financial Forecast
Revenue This Year
748.06M
Revenue Next Year
783.69M
from 748.06M
Increased by 4.76%
EPS This Year
4.01
from 4.86
Decreased by -17.39%
EPS Next Year
4.31
from 4.01
Increased by 7.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 772.8M | 836.0M | 895.4M |
| Avg | 748.1M | 783.7M | 815.1M |
| Low | 714.6M | 716.4M | 721.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.8% | 14.3% |
| Avg | - | 4.8% | 4.0% |
| Low | - | -4.2% | -8.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.20 | 4.85 | 5.49 |
| Avg | 4.01 | 4.31 | 4.66 |
| Low | 3.82 | 3.68 | 3.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -13.6% | 20.8% | 27.4% |
| Avg | -17.4% | 7.3% | 8.2% |
| Low | -21.4% | -8.5% | -10.2% |
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.