$48.06
0.04% today
Nasdaq, Dec 30, 09:45 pm CET
ISIN
US1491501045
Symbol
CATY

Cathay General Bancorp Target price 2024 - Analyst rating & recommendation

Cathay General Bancorp Classifications & Recommendation:

Buy
40%
Hold
40%
Sell
20%

Cathay General Bancorp Price Target

Target Price $53.60
Price $48.04
Potential
Number of Estimates 5
5 Analysts have issued a price target Cathay General Bancorp 2025 . The average Cathay General Bancorp target price is $53.60. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 5 analysts: 2 Analysts recommend Cathay General Bancorp to buy, 2 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Cathay General Bancorp stock has an average upside potential 2025 of . Most analysts recommend the Cathay General Bancorp stock at Buy or hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 1,301.82 732.59
47.79% 43.73%
Net Margin 26.64% 38.31%
31.92% 43.80%

5 Analysts have issued a sales forecast Cathay General Bancorp 2024 . The average Cathay General Bancorp sales estimate is

$733m
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. This is
47.48% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$736m 47.25%
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, the lowest is
$729m 47.72%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $1.3b 47.79%
2024
$733m 43.73%
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2025
$766m 4.55%
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2026
$816m 6.48%
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5 Cathay General Bancorp Analysts have issued a net profit forecast 2024. The average Cathay General Bancorp net profit estimate is

$281m
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. This is
0.93% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$285m 0.76%
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, the lowest is
$278m 2.02%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $347m 0.62%
2024
$281m 19.07%
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2025
$298m 6.22%
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2026
$332m 11.48%
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Net Margin

2023 26.64% 31.92%
2024
38.31% 43.80%
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2025
38.92% 1.59%
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2026
40.75% 4.70%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 4.86 3.93
0.62% 19.14%
P/E 12.21
EV/Sales 4.73

5 Analysts have issued a Cathay General Bancorp forecast for earnings per share. The average Cathay General Bancorp <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$3.93
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. This is
1.01% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$4.00 0.76%
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, the lowest is
$3.89 2.02%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $4.86 0.62%
2024
$3.93 19.14%
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2025
$4.18 6.36%
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2026
$4.66 11.48%
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P/E ratio

Current 12.11 37.46%
2024
12.21 0.83%
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2025
11.50 5.81%
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2026
10.31 10.35%
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Based on analysts' sales estimates for 2024, the Cathay General Bancorp stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 2.49 6.74%
2024
4.73 90.10%
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2025
4.53 4.35%
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2026
4.25 6.09%
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P/S ratio

Current 2.45 6.87%
2024
4.67 90.39%
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2025
4.47 4.35%
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2026
4.19 6.09%
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