First Financial Bancorp. (FFBC)
NASDAQ: FFBC · IEX Real-Time Price · USD
22.32
+0.17 (0.77%)
Jul 2, 2024, 4:00 PM EDT - Market closed
First Financial Bancorp. Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for FFBC stock have an average target of 24.5, with a low estimate of 24 and a high estimate of 26. The average target predicts an increase of 9.77% from the current stock price of 22.32.
Analyst Consensus: Buy
* Price targets were last updated on Apr 9, 2024.
Analyst Ratings
The average analyst rating for FFBC 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Hold Reiterates $24 | Hold | Reiterates | $24 | +7.53% | Apr 9, 2024 |
| Piper Sandler | Piper Sandler | Buy Initiates $26 | Buy | Initiates | $26 | +16.49% | Feb 23, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $24 | Hold | Reiterates | $24 | +7.53% | Jan 29, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $22 → $21 | Hold | Maintains | $22 → $21 | -5.91% | Oct 26, 2023 |
| RBC Capital | RBC Capital | Hold Reiterates $24 | Hold | Reiterates | $24 | +7.53% | Jul 24, 2023 |
Financial Forecast
Revenue This Year
825.87M
from 797.09M
Increased by 3.61%
Revenue Next Year
847.42M
from 825.87M
Increased by 2.61%
EPS This Year
2.39
from 2.69
Decreased by -11.21%
EPS Next Year
2.47
from 2.39
Increased by 3.20%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 870.5M | 898.8M |
| Avg | 825.9M | 847.4M |
| Low | 754.4M | 767.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.2% | 8.8% |
| Avg | 3.6% | 2.6% |
| Low | -5.4% | -7.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.56 | 2.73 |
| Avg | 2.39 | 2.47 |
| Low | 2.24 | 2.27 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -4.8% | 14.3% |
| Avg | -11.2% | 3.2% |
| Low | -16.6% | -4.8% |
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.