$24.26
0.21% day before yesterday
Nasdaq, Nov 01, 09:00 pm CET
ISIN
US3193832041
Symbol
BUSE
Sector
Industry

First Busey Corporation Target price 2024 - Analyst rating & recommendation

First Busey Corporation Classifications & Recommendation:

Buy
67%
Hold
33%

First Busey Corporation Price Target

Target Price $29.67
Price $24.26
Potential
Number of Estimates 6
6 Analysts have issued a price target First Busey Corporation 2025 . The average First Busey Corporation target price is $29.67. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 4 Analysts recommend First Busey Corporation 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 Busey Corporation stock has an average upside potential 2025 of . Most analysts recommend the First Busey Corporation stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 603.93 461.57
23.50% 23.57%
Net Margin 20.53% 24.74%
22.92% 20.52%

5 Analysts have issued a sales forecast First Busey Corporation 2024 . The average First Busey Corporation sales estimate is

$462m
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. This is
29.63% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$463m 29.42%
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, the lowest is
$460m 29.94%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $604m 23.50%
2024
$462m 23.57%
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2025
$716m 55.20%
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2026
$827m 15.39%
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6 First Busey Corporation Analysts have issued a net profit forecast 2024. The average First Busey Corporation net profit estimate is

$114m
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. This is
3.52% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$115m 4.64%
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, the lowest is
$112m 1.54%
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.

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

Net Profit Estimates

2023 $124m 4.80%
2024
$114m 7.88%
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2025
$125m 9.13%
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2026
$160m 28.12%
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Net Margin

2023 20.53% 22.92%
2024
24.74% 20.52%
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2025
17.40% 29.67%
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2026
19.32% 11.03%
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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 $ 2.18 2.01
4.80% 7.80%
P/E 12.08
EV/Sales 2.75

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

$2.01
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. This is
3.61% 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
$2.03 4.64%
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, the lowest is
$1.97 1.55%
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.

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

Earnings Per Share

2023 $2.18 4.80%
2024
$2.01 7.80%
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2025
$2.19 8.96%
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2026
$2.81 28.31%
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P/E ratio

Current 12.47 52.07%
2024
12.08 3.13%
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2025
11.07 8.36%
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2026
8.64 21.95%
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Based on analysts' sales estimates for 2024, the First Busey Corporation 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 1.93 23.11%
2024
2.75 42.31%
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2025
1.77 35.57%
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2026
1.53 13.34%
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P/S ratio

Current 2.10 15.40%
2024
2.99 42.12%
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2025
1.93 35.57%
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2026
1.67 13.34%
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