Palmer Square Capital BDC Inc. (PSBD)
NYSE: PSBD · IEX Real-Time Price · USD
16.57
+0.02 (0.12%)
May 8, 2024, 3:25 PM EDT - Market open
Palmer Square Capital BDC Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for PSBD stock have an average target of 16.93, with a low estimate of 16.5 and a high estimate of 17.5. The average target predicts an increase of 2.17% from the current stock price of 16.57.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PSBD stock from 7 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 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|
| Strong Buy | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 |
| Hold | 2 | 3 | 3 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 6 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Janney Montgomery Scott | Janney Montgomery Scott | Hold Initiates $18 | Hold | Initiates | $18 | +5.61% | Apr 22, 2024 |
| RBC Capital | RBC Capital | Buy Initiates $17 | Buy | Initiates | $17 | +2.60% | Feb 12, 2024 |
| UBS | UBS | Hold Initiates $17 | Hold | Initiates | $17 | -0.42% | Feb 12, 2024 |
| Oppenheimer | Oppenheimer | Buy Initiates $17 | Buy | Initiates | $17 | +2.60% | Feb 12, 2024 |
| B of A Securities | B of A Securities | Hold Initiates $17 | Hold | Initiates | $17 | -0.42% | Feb 12, 2024 |
Financial Forecast
Revenue This Year
124.37M
from 112.22M
Increased by 10.82%
Revenue Next Year
115.20M
from 124.37M
Decreased by -7.37%
EPS This Year
1.93
from 4.20
Decreased by -54.10%
EPS Next Year
1.78
from 1.93
Decreased by -7.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 146.4M | 140.9M | 79.8M |
| Avg | 124.4M | 115.2M | 77.5M |
| Low | 81.7M | 76.4M | 74.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.4% | 13.3% | -30.7% |
| Avg | 10.8% | -7.4% | -32.7% |
| Low | -27.2% | -38.5% | -35.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.06 | 1.97 | 1.79 |
| Avg | 1.93 | 1.78 | 1.73 |
| Low | 1.78 | 1.58 | 1.67 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -51.0% | 2.4% | 0.1% |
| Avg | -54.1% | -7.5% | -2.7% |
| Low | -57.5% | -18.2% | -6.6% |
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.