$33.16
0.94% day before yesterday
Nasdaq, Nov 01, 09:00 pm CET
ISIN
US3189161033
Symbol
FBMS
Sector
Industry

First Bancshares, Inc. Target price 2024 - Analyst rating & recommendation

First Bancshares, Inc. Classifications & Recommendation:

Buy
50%
Hold
50%

First Bancshares, Inc. Price Target

Target Price $35.83
Price $33.15
Potential
Number of Estimates 3
3 Analysts have issued a price target First Bancshares, Inc. 2025 . The average First Bancshares, Inc. target price is $35.83. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 4 analysts: 2 Analysts recommend First Bancshares, Inc. to buy, 2 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 First Bancshares, Inc. stock has an average upside potential 2025 of . Most analysts recommend the First Bancshares, Inc. stock at Buy or hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 381.41 286.27
61.40% 24.95%
Net Margin 19.74% 27.48%
47.86% 39.18%

3 Analysts have issued a sales forecast First Bancshares, Inc. 2024 . The average First Bancshares, Inc. sales estimate is

$286m
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. This is
29.54% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$289m 28.79%
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, the lowest is
$283m 30.41%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $381m 61.40%
2024
$286m 24.95%
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2025
$309m 8.11%
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2026
$326m 5.41%
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3 First Bancshares, Inc. Analysts have issued a net profit forecast 2024. The average First Bancshares, Inc. net profit estimate is

$78.7m
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. This is
12.97% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$80.0m 14.94%
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, the lowest is
$77.2m 10.86%
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.

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

Net Profit Estimates

2023 $75.3m 15.85%
2024
$78.7m 4.46%
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2025
$85.5m 8.68%
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2026
$94.5m 10.56%
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Net Margin

2023 19.74% 47.86%
2024
27.48% 39.18%
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2025
27.63% 0.55%
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2026
28.98% 4.89%
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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 $ 2.39 2.50
15.85% 4.60%
P/E 13.28
EV/Sales 4.02

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

$2.50
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. This is
13.12% higher
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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
$2.54 14.93%
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, the lowest is
$2.45 10.86%
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.

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

Earnings Per Share

2023 $2.39 15.85%
2024
$2.50 4.60%
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2025
$2.71 8.40%
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2026
$3.00 10.70%
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P/E ratio

Current 15.01 70.96%
2024
13.28 11.53%
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2025
12.22 7.98%
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2026
11.05 9.57%
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Based on analysts' sales estimates for 2024, the First Bancshares, 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 2.83 4.71%
2024
4.02 42.13%
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2025
3.72 7.50%
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2026
3.53 5.13%
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P/S ratio

Current 2.55 22.28%
2024
3.61 41.92%
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2025
3.34 7.50%
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2026
3.17 5.13%
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