Hanover Bancorp, Inc. (HNVR)
NASDAQ: HNVR · IEX Real-Time Price · USD
15.63
+0.58 (3.85%)
Apr 19, 2024, 11:41 AM EDT - Market open
Hanover Bancorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Hanover Bancorp stock has a target of 21, which predicts an increase of 34.36% from the current stock price of 15.63.
Analyst Consensus: Buy
* Price targets were last updated on Jan 25, 2024.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $20 → $21 | Buy | Maintains | $20 → $21 | +34.36% | Jan 25, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Initiates $26 | Buy | Initiates | $26 | +63.15% | Jun 6, 2022 |
| Piper Sandler | Piper Sandler | Buy Initiates $26 | Buy | Initiates | $26 | +66.35% | Jun 6, 2022 |
Financial Forecast
Revenue This Year
56.71M
from 59.91M
Decreased by -5.33%
Revenue Next Year
74.66M
from 56.71M
Increased by 31.65%
EPS This Year
1.92
from 2.05
Decreased by -6.46%
EPS Next Year
2.76
from 1.92
Increased by 43.88%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 58.4M | 76.9M |
| Avg | 56.7M | 74.7M |
| Low | 54.5M | 71.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -2.6% | 35.5% |
| Avg | -5.3% | 31.7% |
| Low | -9.0% | 26.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.12 | 3.28 |
| Avg | 1.92 | 2.76 |
| Low | 1.71 | 2.24 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 3.5% | 70.8% |
| Avg | -6.5% | 43.9% |
| Low | -16.8% | 17.0% |
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.