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
Target Low Average Median High
Price $11 $11.75 $12.5 $12.5
Change -3.38% +3.21% +9.79% +9.79%

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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111110
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 333332

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
More Analyst Ratings

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%
Year 20192020202120222023202420252026
Revenue
92.95M95.49M82.69M105.49M139.34M164.01M177.06M-
Revenue Growth
28.73%2.73%-13.40%27.56%32.09%17.71%7.96%-
EPS
0.290.471.460.080.771.321.281.23
EPS Growth
-66.67%62.07%210.64%-94.52%862.50%71.19%-2.77%-3.70%
No. Analysts -----983
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 172.6M 189.4M
Avg 164.0M 177.1M
Low 153.5M 162.7M

Revenue Growth

Revenue Growth 20242025
High
23.9%
15.5%
Avg
17.7%
8.0%
Low
10.2%
-0.8%

EPS Forecast

EPS 202420252026
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 202420252026
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.