Community Trust Bancorp, Inc. (CTBI)
NASDAQ: CTBI · Real-Time Price · USD
53.22
-0.35 (-0.65%)
Dec 30, 2024, 4:00 PM EST - Market closed
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 an increase of 4.28% from the current stock price of 53.22.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 8, 2024.
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 2 | 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 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Initiates $64 | Buy | Initiates | $64 | +20.26% | 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 | -11.69% | 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 | -39.87% | Sep 30, 2020 |
Financial Forecast
Revenue This Year
251.99M
Revenue Next Year
268.19M
from 251.99M
Increased by 6.43%
EPS This Year
4.65
from 4.36
Increased by 6.60%
EPS Next Year
4.98
from 4.65
Increased by 7.24%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 260.4M | 276.2M | 294.8M |
| Avg | 252.0M | 268.2M | 284.0M |
| Low | 241.2M | 257.6M | 270.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 9.6% | 9.9% |
| Avg | - | 6.4% | 5.9% |
| Low | - | 2.2% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.81 | 5.31 | 5.83 |
| Avg | 4.65 | 4.98 | 5.42 |
| Low | 4.43 | 4.51 | 4.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.3% | 14.3% | 16.9% |
| Avg | 6.6% | 7.2% | 8.7% |
| Low | 1.6% | -3.0% | -1.7% |
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.