$17.25
0.06% today
Nasdaq, Dec 30, 10:00 pm CET
ISIN
US27627N1054
Symbol
EBC
Sector
Industry

Eastern Bankshares Inc. Target price 2024 - Analyst rating & recommendation

Eastern Bankshares Inc. Classifications & Recommendation:

Buy
75%
Hold
25%

Eastern Bankshares Inc. Price Target

Target Price $19.50
Price $17.24
Potential
Number of Estimates 4
4 Analysts have issued a price target Eastern Bankshares Inc. 2025 . The average Eastern Bankshares Inc. target price is $19.50. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 4 analysts: 3 Analysts recommend Eastern Bankshares Inc. to buy, 1 to hold and 0 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 Eastern Bankshares Inc. stock has an average upside potential 2025 of . Most analysts recommend the Eastern Bankshares Inc. stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 557.17 741.51
17.57% 33.08%
Net Margin 55.13% 18.97%
43.38% 65.59%

1 Analyst has issued a sales forecast Eastern Bankshares Inc. 2024 . The average Eastern Bankshares Inc. sales estimate is

$742m
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. This is
25.26% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$742m 25.26%
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, the lowest is
$742m 25.26%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $557m 17.57%
2024
$742m 33.08%
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2025
$891m 20.23%
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2026
$939m 5.33%
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4 Eastern Bankshares Inc. Analysts have issued a net profit forecast 2024. The average Eastern Bankshares Inc. net profit estimate is

$141m
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. This is
71.77% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$148m 70.26%
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, the lowest is
$137m 72.41%
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.

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

Net Profit Estimates

2023 $307m 18.18%
2024
$141m 54.20%
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2025
$280m 99.24%
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2026
$319m 13.92%
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Net Margin

2023 55.13% 43.38%
2024
18.97% 65.59%
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2025
31.44% 65.74%
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2026
34.01% 8.17%
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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 $ 1.43 0.66
18.18% 53.85%
P/E 26.32
EV/Sales 5.06

4 Analysts have issued a Eastern Bankshares Inc. forecast for earnings per share. The average Eastern Bankshares Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$0.66
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. This is
71.55% 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
$0.69 70.26%
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, the lowest is
$0.64 72.41%
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.

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

Earnings Per Share

2023 $1.43 18.18%
2024
$0.66 53.85%
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2025
$1.31 98.48%
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2026
$1.49 13.74%
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P/E ratio

Current 7.42 113.92%
2024
26.32 254.72%
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2025
13.21 49.81%
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2026
11.60 12.19%
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Based on analysts' sales estimates for 2024, the Eastern Bankshares Inc. 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 3.78 30.26%
2024
5.06 33.98%
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2025
4.21 16.82%
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2026
4.00 5.06%
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P/S ratio

Current 3.73 12.45%
2024
4.99 33.80%
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2025
4.15 16.82%
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2026
3.94 5.06%
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