Community Trust Bancorp, Inc. (CTBI)
NASDAQ: CTBI · Real-Time Price · USD
58.48
+0.80 (1.38%)
Nov 21, 2024, 10:38 AM EST - Market open
Community Trust Bancorp Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for CTBI stock have an average target of 55.5, with a low estimate of 47 and a high estimate of 64. The average target predicts a decrease of -5.09% from the current stock price of 58.48.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for CTBI stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Initiates $64 | Buy | Initiates | $64 | +9.45% | Nov 8, 2024 |
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Mar 27, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $47 | Buy | Initiates | $47 | -19.62% | Feb 16, 2024 |
| Piper Sandler | Piper Sandler | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Dec 9, 2020 |
| Piper Sandler | Piper Sandler | Hold Maintains $35 → $32 | Hold | Maintains | $35 → $32 | -45.28% | Sep 30, 2020 |
Financial Forecast
Revenue This Year
252.96M
Revenue Next Year
268.26M
from 252.96M
Increased by 6.05%
EPS This Year
4.64
from 4.36
Increased by 6.44%
EPS Next Year
4.93
from 4.64
Increased by 6.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 260.4M | 276.2M | 289.8M |
| Avg | 253.0M | 268.3M | 281.5M |
| Low | 243.0M | 257.7M | 270.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 9.2% | 8.0% |
| Avg | - | 6.0% | 4.9% |
| Low | - | 1.9% | 0.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.81 | 5.31 | 5.65 |
| Avg | 4.64 | 4.93 | 5.29 |
| Low | 4.43 | 4.51 | 4.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3% | 14.5% | 14.7% |
| Avg | 6.4% | 6.2% | 7.5% |
| Low | 1.6% | -2.9% | -0.5% |
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.