ROIC Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for ROIC stock have an average target of 15.75, with a low estimate of 12 and a high estimate of 17.5. The average target predicts a decrease of -9.33% from the current stock price of 17.37.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$12	$15.75	$17.5	$17.5
Change	-30.92%	-9.33%	+0.75%	+0.75%

Analyst Ratings

The average analyst rating for ROIC stock from 6 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	2	1	0
Hold	1	1	1	1	2	5
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Juan Sanabria BMO Capital	BMO Capital	Hold Maintains $17 → $18	Hold	Maintains	$17 → $18	+0.75%	Nov 8, 2024
Wesley Golladay Baird	Baird	Buy → Hold Downgrades $16 → $18	Buy → Hold	Downgrades	$16 → $18	+0.75%	Nov 7, 2024
Todd Thomas Keybanc	Keybanc	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Nov 5, 2024
RJ Milligan Raymond James	Raymond James	Buy → Hold Downgrades n/a	Buy → Hold	Downgrades	n/a	n/a	Oct 30, 2024
Dori Kesten Wells Fargo	Wells Fargo	Hold Maintains $14 → $16	Hold	Maintains	$14 → $16	-7.89%	Aug 28, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

340.93M

Revenue Next Year

344.86M

from 340.93M

1.15%

from 340.93M

EPS This Year

0.39

from 0.27

42.27%

from 0.27

EPS Next Year

0.29

from 0.39

-24.56%

from 0.39

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	340.93M	344.86M	352.32M
Revenue Growth	-0.26%	-3.70%	-0.00%	10.15%	4.73%	-	1.15%	2.16%
EPS	0.42	0.27	0.44	0.42	0.27	0.39	0.29	0.33
EPS Growth	12.81%	-35.47%	62.46%	-6.17%	-34.57%	42.27%	-24.56%	12.79%
Forward PE	-	-	-	-	-	44.81	59.40	52.67
No. Analysts	-	-	-	-	-	5	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	354.2M	360.5M	369.5M
Avg	340.9M	344.9M	352.3M
Low	325.4M	325.0M	331.0M

Revenue Growth

Revenue Growth	2024	2025	2026
High	-	5.8%	7.1%
Avg	-	1.2%	2.2%
Low	-	-4.7%	-4.0%

EPS Forecast

EPS	2024	2025	2026
High	0.48	0.32	0.35
Avg	0.39	0.29	0.33
Low	0.24	0.26	0.30

EPS Growth

EPS Growth	2024	2025	2026
High	77.3%	-18.7%	18.5%
Avg	42.3%	-24.6%	12.8%
Low	-13.7%	-31.7%	3.9%

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.