Heritage Commerce Corp (HTBK)
NASDAQ: HTBK · IEX Real-Time Price · USD
10.07
+0.05 (0.50%)
At close: Jul 19, 2024, 4:00 PM
9.99
-0.08 (-0.79%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Heritage Commerce Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Heritage Commerce stock have an average target of 10.5, with a low estimate of 10 and a high estimate of 11. The average target predicts an increase of 4.27% from the current stock price of 10.07.
Analyst Consensus: Buy
* Price targets were last updated on Apr 26, 2024.
Analyst Ratings
The average analyst rating for HTBK stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $11 → $10 | Buy | Maintains | $11 → $10 | -0.70% | Apr 26, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $10 → $11 | Buy | Maintains | $10 → $11 | +9.24% | Jan 26, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $12 → $11 | Buy | Maintains | $12 → $11 | +9.24% | Jan 26, 2024 |
| Raymond James | Raymond James | Buy Maintains $9.5 → $11 | Buy | Maintains | $9.5 → $11 | +9.24% | Jan 5, 2024 |
| Raymond James | Raymond James | Buy Maintains $11 → $9.5 | Buy | Maintains | $11 → $9.5 | -5.66% | Oct 30, 2023 |
Financial Forecast
Revenue This Year
173.42M
from 191.47M
Decreased by -9.43%
Revenue Next Year
183.68M
from 173.42M
Increased by 5.92%
EPS This Year
0.74
from 1.05
Decreased by -29.09%
EPS Next Year
0.82
from 0.74
Increased by 10.73%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 181.7M | 194.5M |
| Avg | 173.4M | 183.7M |
| Low | 162.1M | 173.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -5.1% | 12.1% |
| Avg | -9.4% | 5.9% |
| Low | -15.3% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.83 | 1.00 |
| Avg | 0.74 | 0.82 |
| Low | 0.64 | 0.66 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -21.0% | 34.0% |
| Avg | -29.1% | 10.7% |
| Low | -39.3% | -11.8% |
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.