1st Source Corporation (SRCE)
NASDAQ: SRCE · IEX Real-Time Price · USD
59.60
-0.57 (-0.95%)
At close: Jul 19, 2024, 4:30 PM
59.59
-0.01 (-0.02%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
1st Source Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for 1st Source stock have an average target of 56.5, with a low estimate of 53 and a high estimate of 60. The average target predicts a decrease of -5.20% from the current stock price of 59.60.
Analyst Consensus: Buy
* Price targets were last updated on Apr 29, 2024.
Analyst Ratings
The average analyst rating for 1st Source stock from 2 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $59 → $60 | Buy | Maintains | $59 → $60 | +0.67% | Apr 29, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $52 → $53 | Hold | Maintains | $52 → $53 | -11.07% | Jan 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $49 → $53 | Buy | Maintains | $49 → $53 | -11.07% | Jul 24, 2023 |
| Piper Sandler | Piper Sandler | Buy Maintains $64 → $58 | Buy | Maintains | $64 → $58 | -2.68% | Jan 24, 2023 |
| DA Davidson | DA Davidson | Hold Maintains $53 → $51 | Hold | Maintains | $53 → $51 | -14.43% | Jan 23, 2023 |
Financial Forecast
Revenue This Year
387.49M
from 363.40M
Increased by 6.63%
Revenue Next Year
393.52M
from 387.49M
Increased by 1.56%
EPS This Year
4.87
from 5.03
Decreased by -3.18%
EPS Next Year
4.76
from 4.87
Decreased by -2.32%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 400.2M | 411.1M |
| Avg | 387.5M | 393.5M |
| Low | 370.5M | 372.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 10.1% | 6.1% |
| Avg | 6.6% | 1.6% |
| Low | 1.9% | -4.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 5.12 | 4.98 |
| Avg | 4.87 | 4.76 |
| Low | 4.56 | 4.50 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 1.7% | 2.4% |
| Avg | -3.2% | -2.3% |
| Low | -9.4% | -7.5% |
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.