Plymouth Industrial REIT, Inc. (PLYM)
NYSE: PLYM · IEX Real-Time Price · USD
20.84
-0.34 (-1.61%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Plymouth Industrial REIT Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for PLYM stock have an average target of 25, with a low estimate of 22 and a high estimate of 27. The average target predicts an increase of 19.96% from the current stock price of 20.84.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PLYM stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 1 | 1 | 1 | 1 |
| Hold | 1 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Initiates $22 | Hold | Initiates | $22 | +5.57% | Mar 27, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $26 → $24 | Strong Buy | Maintains | $26 → $24 | +15.16% | Feb 29, 2024 |
| JMP Securities | JMP Securities | Hold → Buy Upgrades $27 | Hold → Buy | Upgrades | $27 | +29.56% | Jan 22, 2024 |
| JP Morgan | JP Morgan | Hold → Sell Downgrades $23 → $25 | Hold → Sell | Downgrades | $23 → $25 | +19.96% | Dec 18, 2023 |
| Truist Securities | Truist Securities | Strong Buy Maintains $26 → $24 | Strong Buy | Maintains | $26 → $24 | +15.16% | Nov 6, 2023 |
Financial Forecast
Revenue This Year
210.26M
from 199.85M
Increased by 5.21%
Revenue Next Year
220.27M
from 210.26M
Increased by 4.76%
EPS This Year
-0.12
from 0.20
EPS Next Year
0.03
from -0.12
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 218.1M | 235.0M | 241.3M | 259.3M | 273.5M |
| Avg | 210.3M | 220.3M | 211.3M | 251.9M | 265.7M |
| Low | 200.4M | 205.4M | 148.0M | 242.0M | 255.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.1% | 11.8% | 9.6% | 22.7% | 8.6% |
| Avg | 5.2% | 4.8% | -4.1% | 19.2% | 5.5% |
| Low | 0.3% | -2.3% | -32.8% | 14.5% | 1.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.08 | 0.13 | 0.24 | 0.15 | 0.09 |
| Avg | -0.12 | 0.03 | -0.06 | 0.14 | 0.09 |
| Low | -0.19 | -0.10 | -0.33 | 0.14 | 0.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | 628.5% | - | -33.8% |
| Avg | - | - | - | - | -35.7% |
| Low | - | - | - | - | -38.2% |
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.