Farmers & Merchants Bancorp, Inc. (FMAO)
NASDAQ: FMAO · IEX Real-Time Price · USD
22.89
+0.48 (2.12%)
At close: Jul 2, 2024, 4:00 PM
22.90
+0.01 (0.07%)
After-hours: Jul 2, 2024, 6:35 PM EDT
FMAO Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for FMAO stock have an average target of 24, which predicts an increase of 4.87% from the current stock price of 22.89.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for FMAO stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 3 |
| Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Initiates $24 | Hold | Initiates | $24 | +4.87% | Jun 12, 2024 |
| Hovde Group | Hovde Group | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Apr 5, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Reiterates $24 | Hold | Reiterates | $24 | +4.87% | Aug 1, 2023 |
| Piper Sandler | Piper Sandler | Hold → Sell Downgrades $24 → $24 | Hold → Sell | Downgrades | $24 → $24 | +2.69% | Jul 28, 2023 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $29 | Hold | Maintains | $29 | +26.72% | Feb 9, 2023 |
Financial Forecast
Revenue This Year
85.15M
from 95.69M
Decreased by -11.02%
Revenue Next Year
93.05M
from 85.15M
Increased by 9.28%
EPS This Year
1.61
from 1.67
Decreased by -3.65%
EPS Next Year
1.82
from 1.61
Increased by 13.00%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 89.3M | 96.8M |
| Avg | 85.1M | 93.1M |
| Low | 81.1M | 88.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -6.7% | 13.7% |
| Avg | -11.0% | 9.3% |
| Low | -15.3% | 4.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.73 | 1.94 |
| Avg | 1.61 | 1.82 |
| Low | 1.47 | 1.71 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 3.7% | 20.7% |
| Avg | -3.6% | 13.0% |
| Low | -12.0% | 6.6% |
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.