Farmers & Merchants Bancorp, Inc. (FMAO)
NASDAQ: FMAO · IEX Real-Time Price · USD
20.21
+0.36 (1.81%)
Apr 18, 2024, 4:00 PM EDT - Market closed
FMAO Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for FMAO stock has a target of 24, which predicts an increase of 18.75% from the current stock price of 20.21.
Analyst Consensus: Hold
* Price targets were last updated on Aug 1, 2023.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| 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 | +18.75% | Aug 1, 2023 |
| Piper Sandler | Piper Sandler | Hold → Sell Downgrades $24 → $24 | Hold → Sell | Downgrades | $24 → $24 | +16.28% | Jul 28, 2023 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $29 | Hold | Maintains | $29 | +43.49% | Feb 9, 2023 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold Initiates $30 | Hold | Initiates | $30 | +48.44% | Dec 21, 2022 |
Financial Forecast
Revenue This Year
99.45M
from 95.69M
Increased by 3.93%
Revenue Next Year
109.96M
from 99.45M
Increased by 10.57%
EPS This Year
1.52
from 1.67
Decreased by -8.79%
EPS Next Year
1.79
from 1.52
Increased by 17.63%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 102.4M | 113.2M |
| Avg | 99.5M | 110.0M |
| Low | 95.6M | 105.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 7.0% | 13.8% |
| Avg | 3.9% | 10.6% |
| Low | -0.1% | 6.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.61 | 1.94 |
| Avg | 1.52 | 1.79 |
| Low | 1.42 | 1.67 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -3.8% | 27.5% |
| Avg | -8.8% | 17.6% |
| Low | -14.9% | 9.4% |
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.