Preferred Bank (PFBC)
NASDAQ: PFBC · IEX Real-Time Price · USD
83.63
-1.15 (-1.36%)
At close: Jul 19, 2024, 4:00 PM
83.61
-0.02 (-0.02%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Preferred Bank Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Preferred Bank stock has a target of 68, which predicts a decrease of -18.69% from the current stock price of 83.63.
Analyst Consensus: Buy
* Price targets were last updated on Jul 21, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Preferred Bank is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '23 | Mar '23 | Apr '23 | May '23 | Jun '23 | Jul '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Maintains $64 → $68 | Buy | Maintains | $64 → $68 | -18.69% | Jul 21, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $64 | Buy | Reiterates | $64 | -23.47% | Jul 20, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $64 → $60 | Hold | Maintains | $64 → $60 | -28.26% | Apr 20, 2023 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $81 | Buy | Reiterates | $81 | -3.14% | Mar 13, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $82 → $76 | Hold | Maintains | $82 → $76 | -9.12% | Jan 20, 2023 |
Financial Forecast
Revenue This Year
276.32M
from 481.76M
Decreased by -42.64%
Revenue Next Year
271.99M
from 276.32M
Decreased by -1.57%
EPS This Year
9.89
from 10.52
Decreased by -6.03%
EPS Next Year
9.29
from 9.89
Decreased by -6.05%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 286.6M | 287.3M |
| Avg | 276.3M | 272.0M |
| Low | 264.2M | 255.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -40.5% | 4.0% |
| Avg | -42.6% | -1.6% |
| Low | -45.2% | -7.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 10.42 | 10.49 |
| Avg | 9.89 | 9.29 |
| Low | 9.26 | 8.13 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -1.0% | 6.1% |
| Avg | -6.0% | -6.0% |
| Low | -12.0% | -17.7% |
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.