$29.70
0.41% day before yesterday
Nasdaq, Nov 01, 09:00 pm CET
ISIN
US59165J1051
Symbol
MCBS
Sector
Industry

MetroCity Bankshares Inc Target price 2024 - Analyst rating & recommendation

MetroCity Bankshares Inc Classifications & Recommendation:

Hold
100%

MetroCity Bankshares Inc Price Target

Target Price $34.00
Price $29.70
Potential
Number of Estimates 1
1 Analyst has issued a MetroCity Bankshares Inc price target 2025. The average MetroCity Bankshares Inc target price is $34.00. This is higher than the current stock price.
A rating was issued by 1 analysts: 0 Analysts recommend MetroCity Bankshares Inc to buy, 1 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 MetroCity Bankshares Inc stock has an average upside potential 2025 of . Most analysts recommend the MetroCity Bankshares Inc stock at 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 $ 211.00 141.40
26.79% 32.99%
Net Margin 24.25% 44.78%
34.70% 84.66%

1 Analyst has issued a sales forecast MetroCity Bankshares Inc 2024 . The average MetroCity Bankshares Inc sales estimate is

$141m
Unlock
. This is
39.37% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
$141m 39.37%
Unlock
, the lowest is
$141m 39.37%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 $211m 26.79%
2024
$141m 32.99%
Unlock
2025
$146m 3.39%
Unlock
2026
$160m 9.17%
Unlock

1 Analyst has issued a net profit forecast MetroCity Bankshares Inc 2024 . The average MetroCity Bankshares Inc net profit estimate is

$63.3m
Unlock
. This is
7.30% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
$63.3m 7.30%
Unlock
, the lowest is
$63.3m 7.30%
Unlock
.

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

Net Profit Estimates

2023 $51.2m 17.21%
2024
$63.3m 23.77%
Unlock
2025
$65.9m 3.99%
Unlock
2026
$71.4m 8.46%
Unlock

Net Margin

2023 24.25% 34.70%
2024
44.78% 84.66%
Unlock
2025
45.05% 0.60%
Unlock
2026
44.76% 0.64%
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 $ 2.02 2.50
17.21% 23.76%
P/E 11.88
EV/Sales 6.05

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

$2.50
Unlock
. This is
7.30% 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
$2.50 7.30%
Unlock
, the lowest is
$2.50 7.30%
Unlock
.

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

Earnings Per Share

2023 $2.02 17.21%
2024
$2.50 23.76%
Unlock
2025
$2.60 4.00%
Unlock
2026
$2.82 8.46%
Unlock

P/E ratio

Current 12.75 36.66%
2024
11.88 6.82%
Unlock
2025
11.42 3.87%
Unlock
2026
10.53 7.79%
Unlock

Based on analysts' sales estimates for 2024, the MetroCity Bankshares 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 3.67 34.93%
2024
6.05 64.93%
Unlock
2025
5.85 3.28%
Unlock
2026
5.36 8.40%
Unlock

P/S ratio

Current 3.23 31.51%
2024
5.32 64.93%
Unlock
2025
5.15 3.28%
Unlock
2026
4.71 8.40%
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