First Merchants Corporation Forecast, price target & analysts
First Merchants Corporation Target price 2024 - Analyst rating & recommendation
First Merchants Corporation Classifications & Recommendation:
First Merchants Corporation Price Target
| Target Price | $42.00 |
| Price | $36.99 |
| Potential |
13.54%
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|
| Number of Estimates | 6 |
|
6 Analysts have issued a price target First Merchants Corporation 2025 .
The average First Merchants Corporation target price is $42.00.
This is
13.54%
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$47.00
27.06%
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$38.00
2.73%
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|
|
| A rating was issued by 6 analysts: 4 Analysts recommend First Merchants 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 Merchants Corporation stock has an average upside potential 2025 of
13.54%
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|
Sales and Margin forecast 2024, 2025 & 2026
| Dec '23 |
2024 Estimates |
|
|---|---|---|
| Revenue Million $ | 996.17 | 661.56 |
| 39.89% | 33.59% | |
| Net Margin | 21.76% | 28.20% |
| 30.02% | 29.58% |
5 Analysts have issued a sales forecast First Merchants Corporation 2024 . The average First Merchants Corporation sales estimate is
This results in the following potential growth metrics:
5 First Merchants Corporation Analysts have issued a net profit forecast 2024. The average First Merchants Corporation net profit estimate is
This results in the following potential growth metrics and future Net Margins:
Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026
| Dec '23 |
2024 Estimates |
|
|---|---|---|
| Earnings Per Share $ | 3.73 | 3.21 |
| 2.10% | 13.94% | |
| P/E | 11.52 | |
| EV/Sales | 4.82 |
5 Analysts have issued a First Merchants Corporation forecast for earnings per share. The average First Merchants Corporation <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is
This results in the following potential growth metrics and future valuations:
Based on analysts' sales estimates for 2024, the First Merchants Corporation stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of
This results in the following potential growth metrics and future valuations:
First Merchants Corporation...
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