$42.57
0.52% yesterday
Nasdaq, Sep 27, 10:00 pm CET
ISIN
US1491501045
Symbol
CATY

Cathay General Bancorp Target price 2024 - Analyst rating & recommendation

Cathay General Bancorp Classifications & Recommendation:

Buy
17%
Hold
67%
Sell
17%

Cathay General Bancorp Price Target

Target Price $44.08
Price $42.57
Potential
Number of Estimates 6
6 Analysts have issued a price target Cathay General Bancorp 2025 . The average Cathay General Bancorp target price is $44.08. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 1 Analysts recommend Cathay General Bancorp to buy, 4 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 Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 1,301.82 725.42
47.79% 44.28%
Net Margin 26.94% 38.83%
31.92% 44.12%

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

$725m
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. This is
47.07% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$732m 46.57%
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, the lowest is
$715m 47.86%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $1.3b 47.79%
2024
$725m 44.28%
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2025
$763m 5.15%
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2026
$750m 1.68%
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6 Cathay General Bancorp Analysts have issued a net profit forecast 2024. The average Cathay General Bancorp net profit estimate is

$282m
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. This is
6.17% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$291m 3.12%
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, the lowest is
$271m 9.62%
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.

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

Net Profit Estimates

2023 $351m 0.62%
2024
$282m 19.69%
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2025
$298m 5.94%
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2026
$274m 8.10%
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Net Margin

2023 26.94% 31.92%
2024
38.83% 44.12%
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2025
39.12% 0.75%
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2026
36.57% 6.52%
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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 3.90
0.62% 19.75%
P/E 10.91
EV/Sales 4.48

6 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

$3.90
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. This is
6.25% 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
$4.03 3.13%
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, the lowest is
$3.76 9.62%
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.

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

Earnings Per Share

2023 $4.86 0.62%
2024
$3.90 19.75%
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2025
$4.14 6.15%
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2026
$3.80 8.21%
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P/E ratio

Current 10.24 55.15%
2024
10.91 6.54%
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2025
10.30 5.59%
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2026
11.20 8.74%
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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 2.37 19.11%
2024
4.48 88.99%
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2025
4.26 4.90%
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2026
4.33 1.71%
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P/S ratio

Current 2.24 0.64%
2024
4.24 88.94%
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2025
4.03 4.90%
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2026
4.10 1.71%
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