Phillips Edison & Company, Inc. (PECO)
NASDAQ: PECO · Real-Time Price · USD
39.01
+0.37 (0.96%)
Nov 15, 2024, 4:00 PM EST - Market closed
Phillips Edison & Company Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for PECO stock have an average target of 37.5, with a low estimate of 36 and a high estimate of 40. The average target predicts a decrease of -3.87% from the current stock price of 39.01.
Analyst Consensus: Buy
* Price targets were last updated on Sep 10, 2024.
Analyst Ratings
The average analyst rating for PECO stock from 7 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 1 | 1 | 1 | 2 |
| Hold | 4 | 4 | 4 | 4 | 4 | 4 |
| Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Nov 13, 2024 |
| Compass Point | Compass Point | Hold Maintains $36 → $37 | Hold | Maintains | $36 → $37 | -5.15% | Sep 10, 2024 |
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $37 | Sell → Hold | Upgrades | $37 | -5.15% | Aug 28, 2024 |
| Mizuho | Mizuho | Buy Maintains $33 → $36 | Buy | Maintains | $33 → $36 | -7.72% | Aug 19, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $41 → $38 | Strong Buy | Maintains | $41 → $38 | -2.59% | May 29, 2024 |
Financial Forecast
Revenue This Year
669.21M
Revenue Next Year
713.08M
from 669.21M
Increased by 6.56%
EPS This Year
0.48
from 0.48
Increased by 0.68%
EPS Next Year
0.57
from 0.48
Increased by 18.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 694.0M | 752.9M | 806.8M |
| Avg | 669.2M | 713.1M | 746.1M |
| Low | 637.7M | 662.5M | 679.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 12.5% | 13.1% |
| Avg | - | 6.6% | 4.6% |
| Low | - | -1.0% | -4.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.56 | 0.77 | 0.87 |
| Avg | 0.48 | 0.57 | 0.68 |
| Low | 0.41 | 0.45 | 0.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 16.1% | 58.8% | 51.9% |
| Avg | 0.7% | 18.8% | 17.9% |
| Low | -14.2% | -6.6% | -2.6% |
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.