Community Trust Bancorp, Inc. (CTBI)
NASDAQ: CTBI · IEX Real-Time Price · USD
40.67
+1.07 (2.70%)
Apr 18, 2024, 1:52 PM EDT - Market open
Community Trust Bancorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for CTBI stock has a target of 47, which predicts an increase of 15.56% from the current stock price of 40.67.
Analyst Consensus: Strong Buy
* Price targets were last updated on Feb 16, 2024.
Analyst Ratings
The average analyst rating for CTBI stock from 2 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 | 1 |
| Hold | 1 | 1 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +15.56% | Feb 16, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Mar 2, 2020 |
| Hilliard Lyons | Hilliard Lyons | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Feb 27, 2017 |
Financial Forecast
Revenue This Year
234.33M
from 223.96M
Increased by 4.63%
Revenue Next Year
243.74M
from 234.33M
Increased by 4.02%
EPS This Year
4.17
from 4.36
Decreased by -4.39%
EPS Next Year
4.40
from 4.17
Increased by 5.63%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 243.1M | 251.9M |
| Avg | 234.3M | 243.7M |
| Low | 223.4M | 233.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.5% | 7.5% |
| Avg | 4.6% | 4.0% |
| Low | -0.2% | -0.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 4.52 | 4.73 |
| Avg | 4.17 | 4.40 |
| Low | 3.87 | 4.13 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 3.6% | 13.4% |
| Avg | -4.4% | 5.6% |
| Low | -11.2% | -1.0% |
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.