Pacific Premier Bancorp, Inc. (PPBI)
NASDAQ: PPBI · IEX Real-Time Price · USD
22.82
+0.11 (0.48%)
At close: Jul 2, 2024, 4:00 PM
22.41
-0.41 (-1.80%)
After-hours: Jul 2, 2024, 4:04 PM EDT
Pacific Premier Bancorp Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for PPBI stock have an average target of 26.33, with a low estimate of 25 and a high estimate of 28. The average target predicts an increase of 15.38% from the current stock price of 22.82.
Analyst Consensus: Buy
* Price targets were last updated on May 22, 2024.
Analyst Ratings
The average analyst rating for PPBI stock from 6 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold Reiterates $25 | Hold | Reiterates | $25 | +9.55% | May 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $31 → $26 | Buy | Maintains | $31 → $26 | +13.94% | Apr 29, 2024 |
| DA Davidson | DA Davidson | Strong Buy Maintains $32 → $27 | Strong Buy | Maintains | $32 → $27 | +18.32% | Apr 25, 2024 |
| Raymond James | Raymond James | Buy Reiterates $29 → $25 | Buy | Reiterates | $29 → $25 | +9.55% | Apr 25, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $29 → $27 | Hold | Maintains | $29 → $27 | +18.32% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
589.22M
from 440.99M
Increased by 33.61%
Revenue Next Year
602.42M
from 589.22M
Increased by 2.24%
EPS This Year
1.83
from 0.31
Increased by 488.97%
EPS Next Year
1.91
from 1.83
Increased by 4.47%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 621.5M | 647.3M |
| Avg | 589.2M | 602.4M |
| Low | 551.7M | 544.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 40.9% | 9.9% |
| Avg | 33.6% | 2.2% |
| Low | 25.1% | -7.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.07 | 2.19 |
| Avg | 1.83 | 1.91 |
| Low | 1.65 | 1.63 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 567.3% | 20.2% |
| Avg | 489.0% | 4.5% |
| Low | 431.1% | -10.9% |
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.