Mercantile Bank Corporation Forecast, price target & analysts
Mercantile Bank Corporation Target price 2024 - Analyst rating & recommendation
Mercantile Bank Corporation Classifications & Recommendation:
Mercantile Bank Corporation Price Target
| Target Price | $53.00 |
| Price | $45.08 |
| Potential |
17.57%
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| Number of Estimates | 4 |
|
4 Analysts have issued a price target Mercantile Bank Corporation 2025 .
The average Mercantile Bank Corporation target price is $53.00.
This is
17.57%
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$56.00
24.22%
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$48.00
6.48%
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|
|
| A rating was issued by 5 analysts: 1 Analysts recommend Mercantile Bank Corporation to buy, 4 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 Mercantile Bank Corporation stock has an average upside potential 2025 of
17.57%
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|
Sales and Margin forecast 2024, 2025 & 2026
| Dec '23 |
2024 Estimates |
|
|---|---|---|
| Revenue Million $ | 303.50 | 229.54 |
| 41.88% | 24.37% | |
| Net Margin | 27.28% | 34.22% |
| 6.08% | 25.43% |
4 Analysts have issued a sales forecast Mercantile Bank Corporation 2024 . The average Mercantile Bank Corporation sales estimate is
This results in the following potential growth metrics:
5 Mercantile Bank Corporation Analysts have issued a net profit forecast 2024. The average Mercantile Bank 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 $ | 5.13 | 4.87 |
| 33.25% | 5.07% | |
| P/E | 9.26 | |
| EV/Sales | 6.20 |
5 Analysts have issued a Mercantile Bank Corporation forecast for earnings per share. The average Mercantile Bank 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 Mercantile Bank 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:
Mercantile Bank Corporation...
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