Pacific Premier Bancorp, Inc. (PPBI)
NASDAQ: PPBI · Real-Time Price · USD
24.59
+0.33 (1.36%)
Oct 4, 2024, 4:00 PM EDT - Market closed
Pacific Premier Bancorp Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for PPBI stock have an average target of 26.83, with a low estimate of 26 and a high estimate of 28. The average target predicts an increase of 9.11% from the current stock price of 24.59.
Analyst Consensus: Buy
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 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 | 6 | 6 | 6 | 6 | 6 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Hold Maintains $28 → $27 | Hold | Maintains | $28 → $27 | +9.80% | Sep 24, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $25 → $26 | Hold | Maintains | $25 → $26 | +5.73% | Jul 25, 2024 |
| Raymond James | Raymond James | Buy Maintains $25 → $28 | Buy | Maintains | $25 → $28 | +13.87% | Jul 25, 2024 |
| Wedbush | Wedbush | Hold Maintains $23 → $25 | Hold | Maintains | $23 → $25 | +1.67% | Jul 25, 2024 |
| Wedbush | Wedbush | Hold Reiterates $25 | Hold | Reiterates | $25 | +1.67% | May 22, 2024 |
Financial Forecast
Revenue This Year
571.84M
Revenue Next Year
564.70M
from 571.84M
Decreased by -1.25%
EPS This Year
1.71
from 0.31
Increased by 458.38%
EPS Next Year
1.55
from 1.71
Decreased by -9.16%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 663.2M | 642.7M | 666.7M |
| Avg | 571.8M | 564.7M | 647.6M |
| Low | 532.8M | 514.2M | 622.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 12.4% | 18.1% |
| Avg | - | -1.2% | 14.7% |
| Low | - | -10.1% | 10.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.85 | 1.84 |
| Avg | 1.71 | 1.55 |
| Low | 1.54 | 1.24 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 504.1% | 7.6% |
| Avg | 458.4% | -9.2% |
| Low | 402.9% | -27.1% |
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.