$51.78
0.27% yesterday
Nasdaq, Nov 15, 10:00 pm CET
ISIN
US1491501045
Symbol
CATY

Cathay General Bancorp Target price 2024 - Analyst rating & recommendation

Cathay General Bancorp Classifications & Recommendation:

Buy
20%
Hold
60%
Sell
20%

Cathay General Bancorp Price Target

Target Price $46.80
Price $51.78
Deviation
Number of Estimates 5
5 Analysts have issued a price target Cathay General Bancorp 2025 . The average Cathay General Bancorp target price is $46.80. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 5 analysts: 1 Analysts recommend Cathay General Bancorp to buy, 3 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

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 1,301.82 732.83
47.79% 43.71%
Net Margin 26.64% 38.26%
31.92% 43.62%

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

$733m
Unlock
. This is
47.62% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$736m 47.41%
Unlock
, the lowest is
$729m 47.88%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 $1.3b 47.79%
2024
$733m 43.71%
Unlock
2025
$765m 4.37%
Unlock
2026
$800m 4.54%
Unlock

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

$280m
Unlock
. This is
1.03% lower
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$285m 0.76%
Unlock
, the lowest is
$278m 2.02%
Unlock
.

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

Net Profit Estimates

2023 $347m 0.62%
2024
$280m 19.15%
Unlock
2025
$298m 6.32%
Unlock
2026
$326m 9.49%
Unlock

Net Margin

2023 26.64% 31.92%
2024
38.26% 43.62%
Unlock
2025
38.98% 1.88%
Unlock
2026
40.82% 4.72%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 4.86 3.93
0.62% 19.14%
P/E 13.18
EV/Sales 5.10

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
Unlock
. This is
1.01% lower
Unlock
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%
Unlock
, the lowest is
$3.89 2.02%
Unlock
.

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

Earnings Per Share

2023 $4.86 0.62%
2024
$3.93 19.14%
Unlock
2025
$4.18 6.36%
Unlock
2026
$4.57 9.33%
Unlock

P/E ratio

Current 13.06 89.00%
2024
13.18 0.92%
Unlock
2025
12.39 5.99%
Unlock
2026
11.32 8.64%
Unlock

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 2.67 27.14%
2024
5.10 90.84%
Unlock
2025
4.88 4.18%
Unlock
2026
4.67 4.34%
Unlock

P/S ratio

Current 2.64 27.56%
2024
5.03 90.90%
Unlock
2025
4.82 4.18%
Unlock
2026
4.61 4.34%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today