Hanover Bancorp, Inc. (HNVR)
NASDAQ: HNVR · Real-Time Price · USD
22.70
+0.30 (1.34%)
Nov 20, 2024, 4:00 PM EST - Market closed
Hanover Bancorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Hanover Bancorp stock has a target of 22, which predicts a decrease of -3.08% from the current stock price of 22.70.
Analyst Consensus: Buy
Analyst Ratings
According to 1 stock analyst, the rating for HNVR is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $20 → $22 | Buy | Maintains | $20 → $22 | -3.08% | Oct 24, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $18 → $20 | Buy | Maintains | $18 → $20 | -11.89% | Jul 25, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | -7.49% | Jan 25, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $26 | Buy | Initiates | $26 | +12.33% | Jun 6, 2022 |
| Piper Sandler | Piper Sandler | Buy Initiates $26 | Buy | Initiates | $26 | +14.54% | Jun 6, 2022 |
Financial Forecast
Revenue This Year
53.91M
Revenue Next Year
63.65M
from 53.91M
Increased by 18.07%
EPS This Year
1.62
from 2.04
Decreased by -20.75%
EPS Next Year
2.48
from 1.62
Increased by 53.63%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 55.8M | 68.5M | 82.5M |
| Avg | 53.9M | 63.6M | 80.2M |
| Low | 51.5M | 58.4M | 77.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 27.0% | 29.7% |
| Avg | - | 18.1% | 26.0% |
| Low | - | 8.3% | 21.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.70 | 2.75 | 4.02 |
| Avg | 1.62 | 2.48 | 3.42 |
| Low | 1.52 | 2.21 | 2.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -16.6% | 70.2% | 61.9% |
| Avg | -20.7% | 53.6% | 37.8% |
| Low | -25.5% | 36.4% | 13.6% |
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.