Pacific Premier Bancorp, Inc. (PPBI)
NASDAQ: PPBI · IEX Real-Time Price · USD
22.74
+0.14 (0.62%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Pacific Premier Bancorp Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for PPBI stock have an average target of 28.6, with a low estimate of 25 and a high estimate of 31. The average target predicts an increase of 25.77% from the current stock price of 22.74.
Analyst Consensus: Hold
* Price targets were last updated on Jan 30, 2024.
Analyst Ratings
The average analyst rating for PPBI stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Reiterates $28 | Hold | Reiterates | $28 | +23.13% | Jan 30, 2024 |
| Wedbush | Wedbush | Hold Maintains $31 → $30 | Hold | Maintains | $31 → $30 | +31.93% | Jan 30, 2024 |
| Raymond James | Raymond James | Strong Buy → Buy Downgrades $26 → $29 | Strong Buy → Buy | Downgrades | $26 → $29 | +27.53% | Jan 30, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $24 → $25 | Hold | Maintains | $24 → $25 | +9.94% | Dec 4, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $25 → $31 | Buy | Maintains | $25 → $31 | +36.32% | Nov 21, 2023 |
Financial Forecast
Revenue This Year
622.42M
from 440.99M
Increased by 41.14%
Revenue Next Year
648.58M
from 622.42M
Increased by 4.20%
EPS This Year
1.99
from 0.31
Increased by 540.44%
EPS Next Year
2.14
from 1.99
Increased by 7.72%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 692.9M | 695.9M |
| Avg | 622.4M | 648.6M |
| Low | 576.5M | 599.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 57.1% | 11.8% |
| Avg | 41.1% | 4.2% |
| Low | 30.7% | -3.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.30 | 2.57 |
| Avg | 1.99 | 2.14 |
| Low | 1.68 | 1.65 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 641.8% | 29.6% |
| Avg | 540.4% | 7.7% |
| Low | 440.6% | -17.1% |
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.