$16.06
0.19% yesterday
Nasdaq, Dec 30, 10:00 pm CET
ISIN
US4404071049
Symbol
HBNC
Sector
Industry

Horizon Bancorp, Inc. Target price 2024 - Analyst rating & recommendation

Horizon Bancorp, Inc. Classifications & Recommendation:

Buy
50%
Hold
50%

Horizon Bancorp, Inc. Price Target

Target Price $20.00
Price $16.06
Potential
Number of Estimates 5
5 Analysts have issued a price target Horizon Bancorp, Inc. 2025 . The average Horizon Bancorp, Inc. target price is $20.00. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 3 Analysts recommend Horizon Bancorp, Inc. to buy, 3 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 Horizon Bancorp, Inc. stock has an average upside potential 2025 of . Most analysts recommend the Horizon Bancorp, Inc. stock at Buy or 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 $ 324.38 233.13
14.20% 28.13%
Net Margin 8.62% 12.28%
73.81% 42.39%

4 Analysts have issued a sales forecast Horizon Bancorp, Inc. 2024 . The average Horizon Bancorp, Inc. sales estimate is

$233m
Unlock
. This is
34.89% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$238m 33.61%
Unlock
, the lowest is
$228m 36.32%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 $324m 14.20%
2024
$233m 28.13%
Unlock
2025
$257m 10.29%
Unlock
2026
$270m 4.97%
Unlock

4 Horizon Bancorp, Inc. Analysts have issued a net profit forecast 2024. The average Horizon Bancorp, Inc. net profit estimate is

$28.6m
Unlock
. This is
39.36% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$32.8m 59.56%
Unlock
, the lowest is
$27.1m 31.91%
Unlock
.

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

Net Profit Estimates

2023 $28.0m 70.09%
2024
$28.6m 2.34%
Unlock
2025
$73.7m 157.25%
Unlock
2026
$78.7m 6.83%
Unlock

Net Margin

2023 8.62% 73.81%
2024
12.28% 42.39%
Unlock
2025
28.64% 133.22%
Unlock
2026
29.15% 1.78%
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 $ 0.64 0.66
70.09% 3.13%
P/E 24.56
EV/Sales 8.46

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

$0.66
Unlock
. This is
40.43% higher
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
$0.75 59.57%
Unlock
, the lowest is
$0.62 31.91%
Unlock
.

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

Earnings Per Share

2023 $0.64 70.09%
2024
$0.66 3.13%
Unlock
2025
$1.69 156.06%
Unlock
2026
$1.80 6.51%
Unlock

P/E ratio

Current 33.89 305.87%
2024
24.56 27.53%
Unlock
2025
9.55 61.12%
Unlock
2026
8.94 6.39%
Unlock

Based on analysts' sales estimates for 2024, the Horizon Bancorp, 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 5.51 3.16%
2024
8.46 53.58%
Unlock
2025
7.67 9.33%
Unlock
2026
7.31 4.73%
Unlock

P/S ratio

Current 1.96 6.04%
2024
3.02 53.58%
Unlock
2025
2.74 9.33%
Unlock
2026
2.61 4.73%
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