$46.61
1.59% yesterday
Nasdaq, Nov 22, 10:02 pm CET
ISIN
US9132901029
Symbol
UNTY
Sector
Industry

Unity Bancorp Target price 2024 - Analyst rating & recommendation

Unity Bancorp Classifications & Recommendation:

Buy
100%

Unity Bancorp Price Target

Target Price $42.33
Price $46.61
Deviation
Number of Estimates 3
3 Analysts have issued a price target Unity Bancorp 2025 . The average Unity Bancorp target price is $42.33. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 3 analysts: 3 Analysts recommend Unity Bancorp to buy, 0 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 Unity Bancorp stock has an average upside potential 2025 of . Most analysts recommend the Unity Bancorp stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 151.64 106.07
39.40% 30.05%
Net Margin 25.27% 37.60%
23.27% 48.78%

2 Analysts have issued a sales forecast Unity Bancorp 2024 . The average Unity Bancorp sales estimate is

$106m
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. This is
34.66% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$106m 34.50%
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, the lowest is
$106m 34.83%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $152m 39.40%
2024
$106m 30.05%
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2025
$119m 12.17%
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2026
$132m 10.57%
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3 Unity Bancorp Analysts have issued a net profit forecast 2024. The average Unity Bancorp net profit estimate is

$39.9m
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. This is
2.49% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$40.2m 3.33%
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, the lowest is
$39.6m 1.79%
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.

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

Net Profit Estimates

2023 $38.3m 6.96%
2024
$39.9m 4.09%
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2025
$45.5m 14.09%
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2026
$52.2m 14.70%
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Net Margin

2023 25.27% 23.27%
2024
37.60% 48.78%
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2025
38.25% 1.73%
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2026
39.67% 3.71%
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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 $ 3.84 4.00
6.96% 4.17%
P/E 11.66
EV/Sales 6.73

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

$4.00
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. This is
2.56% 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
$4.03 3.33%
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, the lowest is
$3.97 1.79%
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.

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

Earnings Per Share

2023 $3.84 6.96%
2024
$4.00 4.17%
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2025
$4.56 14.00%
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2026
$5.23 14.69%
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P/E ratio

Current 11.96 70.13%
2024
11.66 2.51%
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2025
10.22 12.35%
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2026
8.91 12.82%
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Based on analysts' sales estimates for 2024, the Unity Bancorp 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 4.40 1.57%
2024
6.73 52.91%
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2025
6.00 10.85%
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2026
5.42 9.56%
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P/S ratio

Current 2.87 52.77%
2024
4.39 53.05%
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2025
3.91 10.85%
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2026
3.54 9.56%
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