PennantPark Floating Rate Capital Ltd. (PFLT)
NYSE: PFLT · Real-Time Price · USD
10.68
-0.03 (-0.28%)
At close: Dec 20, 2024, 4:00 PM
10.74
+0.06 (0.56%)
After-hours: Dec 20, 2024, 7:03 PM EST
PFLT Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for PFLT stock have an average target of 12, which predicts an increase of 12.36% from the current stock price of 10.68.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 12, 2024.
Analyst Ratings
The average analyst rating for PFLT stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Maxim Group | Maxim Group | Hold → Strong Buy Upgrades $12 | Hold → Strong Buy | Upgrades | $12 | +12.36% | Aug 12, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $13 → $12 | Buy | Maintains | $13 → $12 | +12.36% | Jul 30, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $13 | Buy | Reiterates | $13 | +17.04% | Mar 26, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +17.04% | Jan 18, 2024 |
| UBS | UBS | Hold Initiates $11 | Hold | Initiates | $11 | +3.00% | Jun 8, 2023 |
Financial Forecast
Revenue This Year
230.73M
from 186.36M
Increased by 23.81%
Revenue Next Year
226.59M
from 230.73M
Decreased by -1.79%
EPS This Year
1.28
from 1.40
Decreased by -8.27%
EPS Next Year
1.24
from 1.28
Decreased by -3.08%
Revenue Forecast
| Revenue | 2025 | 2026 |
|---|---|---|
| High | 251.7M | 257.3M |
| Avg | 230.7M | 226.6M |
| Low | 206.6M | 193.8M |
Revenue Growth
| Revenue Growth | 2025 | 2026 |
|---|---|---|
| High | 35.0% | 11.5% |
| Avg | 23.8% | -1.8% |
| Low | 10.9% | -16.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.40 | 1.33 | 1.32 |
| Avg | 1.28 | 1.24 | 1.29 |
| Low | 1.19 | 1.12 | 1.23 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -0.1% | 4.0% | 6.5% |
| Avg | -8.3% | -3.1% | 3.4% |
| Low | -15.1% | -12.8% | -0.6% |
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.