Orrstown Financial Services, Inc. (ORRF)
NASDAQ: ORRF · IEX Real-Time Price · USD
27.91
-0.76 (-2.65%)
Jul 2, 2024, 4:00 PM EDT - Market closed
ORRF Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for ORRF stock have an average target of 30.25, with a low estimate of 25 and a high estimate of 32. The average target predicts an increase of 8.38% from the current stock price of 27.91.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for ORRF 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 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Janney Montgomery Scott | Janney Montgomery Scott | Strong Buy Initiates $32 | Strong Buy | Initiates | $32 | +14.65% | Jun 28, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $32 | Buy | Maintains | $32 | +14.65% | Jun 18, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $30 → $32 | Buy | Maintains | $30 → $32 | +14.65% | Jan 25, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $26 → $28 | Buy | Maintains | $26 → $28 | +0.32% | Dec 13, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $20 → $25 | Hold | Maintains | $20 → $25 | -10.43% | Jul 31, 2023 |
Financial Forecast
Revenue This Year
151.74M
from 128.88M
Increased by 17.74%
Revenue Next Year
214.16M
from 151.74M
Increased by 41.14%
EPS This Year
3.50
from 3.42
Increased by 2.30%
EPS Next Year
4.13
from 3.50
Increased by 18.14%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 159.6M | 229.3M |
| Avg | 151.7M | 214.2M |
| Low | 142.6M | 197.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 23.9% | 51.1% |
| Avg | 17.7% | 41.1% |
| Low | 10.6% | 30.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.61 | 4.56 |
| Avg | 3.50 | 4.13 |
| Low | 3.35 | 3.70 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 5.6% | 30.3% |
| Avg | 2.3% | 18.1% |
| Low | -2.0% | 5.8% |
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.