PennantPark Floating Rate Capital Ltd. (PFLT)
NYSE: PFLT · Real-Time Price · USD
11.05
-0.04 (-0.36%)
Nov 20, 2024, 4:00 PM EST - Market closed
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 8.60% from the current stock price of 11.05.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 1 | 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 | +8.60% | Aug 12, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $13 → $12 | Buy | Maintains | $13 → $12 | +8.60% | Jul 30, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $13 | Buy | Reiterates | $13 | +13.12% | Mar 26, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +13.12% | Jan 18, 2024 |
| UBS | UBS | Hold Initiates $11 | Hold | Initiates | $11 | -0.45% | Jun 8, 2023 |
Financial Forecast
Revenue This Year
179.84M
from 139.34M
Increased by 29.07%
Revenue Next Year
206.00M
from 179.84M
Increased by 14.55%
EPS This Year
1.30
from 0.77
Increased by 67.94%
EPS Next Year
1.28
from 1.30
Decreased by -1.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 193.9M | 229.1M | 207.6M |
| Avg | 179.8M | 206.0M | 201.7M |
| Low | 153.5M | 162.7M | 193.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 39.1% | 27.4% | 0.8% |
| Avg | 29.1% | 14.5% | -2.1% |
| Low | 10.2% | -9.6% | -5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.34 | 1.34 | 1.34 |
| Avg | 1.30 | 1.28 | 1.25 |
| Low | 1.23 | 1.22 | 1.16 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 74.0% | 3.6% | 5.0% |
| Avg | 67.9% | -1.3% | -2.0% |
| Low | 59.9% | -6.3% | -9.7% |
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.