FMAO Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for FMAO stock has a target of 26, which predicts a decrease of -13.10% from the current stock price of 29.92.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$26	$26	$26	$26
Change	-13.10%	-13.10%	-13.10%	-13.10%

* Price targets were last updated on Aug 5, 2024.

Analyst Ratings

The average analyst rating for FMAO stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	3	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Justin Crowley Piper Sandler	Piper Sandler	Hold Maintains $24 → $26	Hold	Maintains	$24 → $26	-13.10%	Aug 5, 2024
Justin Crowley Piper Sandler	Piper Sandler	Hold Initiates $24	Hold	Initiates	$24	-19.79%	Jun 12, 2024
Brendan Nosal Hovde Group	Hovde Group	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Apr 5, 2024
Terry McEvoy Stephens & Co.	Stephens & Co.	Hold Reiterates $24	Hold	Reiterates	$24	-19.79%	Aug 1, 2023
Brendan Nosal Piper Sandler	Piper Sandler	Hold → Sell Downgrades $24 → $24	Hold → Sell	Downgrades	$24 → $24	-21.46%	Jul 28, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

90.60M

Revenue Next Year

97.99M

from 90.60M

8.16%

from 90.60M

EPS This Year

1.80

from 1.67

7.80%

from 1.67

EPS Next Year

1.91

from 1.80

6.09%

from 1.80

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	90.60M	97.99M	103.82M
Revenue Growth	27.45%	7.66%	20.98%	16.81%	-2.08%	-	8.16%	5.95%
EPS	1.66	1.80	2.01	2.46	1.67	1.80	1.91	2.09
EPS Growth	2.71%	8.71%	11.67%	22.39%	-32.11%	7.80%	6.09%	9.21%
Forward PE	-	-	-	-	-	16.62	15.67	14.34
No. Analysts	-	-	-	-	-	6	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	106.1M	115.9M	123.0M
Avg	90.6M	98.0M	103.8M
Low	82.4M	89.0M	93.6M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	27.9%	25.5%
Avg	-	8.2%	5.9%
Low	-	-1.8%	-4.5%

EPS Forecast

EPS	2024	2025	2026
High	1.88	2.03	2.21
Avg	1.80	1.91	2.09
Low	1.71	1.81	1.96

EPS Growth

EPS Growth	2024	2025	2026
High	12.5%	12.6%	15.4%
Avg	7.8%	6.1%	9.2%
Low	2.1%	0.7%	2.6%

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.