PennantPark Floating Rate Capital Ltd. (PFLT)
NYSE: PFLT · IEX Real-Time Price · USD
11.39
-0.04 (-0.31%)
Mar 28, 2024, 2:42 PM EDT - Market open
PFLT Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for PFLT stock have an average target of 11.75, with a low estimate of 11 and a high estimate of 12.5. The average target predicts an increase of 3.21% from the current stock price of 11.39.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PFLT stock from 2 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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Hold | 1 | 1 | 1 | 1 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
JMP Securities | JMP Securities | Buy Reiterates $13 | Buy | Reiterates | $13 | +9.79% | Mar 26, 2024 |
JMP Securities | JMP Securities | Buy Maintains $12 → $13 | Buy | Maintains | $12 → $13 | +9.79% | Jan 18, 2024 |
UBS | UBS | Hold Initiates $11 | Hold | Initiates | $11 | -3.38% | Jun 8, 2023 |
JMP Securities | JMP Securities | Buy Reiterates $12 | Buy | Reiterates | $12 | +5.40% | May 15, 2023 |
JMP Securities | JMP Securities | Buy Reiterates $12 | Buy | Reiterates | $12 | +5.40% | Mar 13, 2023 |
Financial Forecast
Revenue This Year
164.01M
from 139.34M
Increased by 17.71%
Revenue Next Year
177.06M
from 164.01M
Increased by 7.96%
EPS This Year
1.32
from 0.77
Increased by 71.19%
EPS Next Year
1.28
from 1.32
Decreased by -2.77%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 172.6M | 189.4M |
Avg | 164.0M | 177.1M |
Low | 153.5M | 162.7M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 23.9% | 15.5% |
Avg | 17.7% | 8.0% |
Low | 10.2% | -0.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.40 | 1.35 | 1.27 |
Avg | 1.32 | 1.28 | 1.23 |
Low | 1.23 | 1.20 | 1.19 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 81.4% | 2.8% | -0.9% |
Avg | 71.2% | -2.8% | -3.7% |
Low | 60.4% | -9.3% | -7.5% |
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.