Middlefield Banc Corp. (MBCN)
NASDAQ: MBCN · IEX Real-Time Price · USD
25.80
+0.40 (1.57%)
At close: Jul 19, 2024, 4:00 PM
25.79
-0.01 (-0.04%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Middlefield Banc Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Middlefield Banc stock has a target of 25, which predicts a decrease of -3.10% from the current stock price of 25.80.
Analyst Consensus: Hold
* Price targets were last updated on May 2, 2024.
Analyst Ratings
The average analyst rating for MBCN 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 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Reiterates $30 → $25 | Hold | Reiterates | $30 → $25 | -3.10% | May 2, 2024 |
| Raymond James | Raymond James | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Aug 31, 2023 |
| Janney Montgomery Scott | Janney Montgomery Scott | Hold Initiates $30 | Hold | Initiates | $30 | +16.28% | Dec 21, 2022 |
Financial Forecast
Revenue This Year
69.12M
from 68.89M
Increased by 0.33%
Revenue Next Year
72.18M
from 69.12M
Increased by 4.43%
EPS This Year
1.75
from 2.14
Decreased by -18.14%
EPS Next Year
1.67
from 1.75
Decreased by -4.89%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 71.8M | 75.1M |
| Avg | 69.1M | 72.2M |
| Low | 65.7M | 68.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 4.3% | 8.6% |
| Avg | 0.3% | 4.4% |
| Low | -4.7% | -0.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.84 | 1.79 |
| Avg | 1.75 | 1.67 |
| Low | 1.61 | 1.55 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -14.1% | 1.9% |
| Avg | -18.1% | -4.9% |
| Low | -24.9% | -11.6% |
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.