Business First Bancshares (BFST) Stock Forecast, Price Target & Predictions
BFST Stock Forecast
Business First Bancshares stock forecast is as follows: an average price target of $28.00 (represents a 2.12% upside from BFST’s last price of $27.42) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
BFST Price Target
The average price target for Business First Bancshares (BFST) is $28.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $27.00. This represents a potential 2.12% upside from BFST's last price of $27.42.
BFST Analyst Ratings
According to 2 Wall Street analysts, Business First Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for BFST stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Business First Bancshares Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 13, 2022 | Piper Sandler | $27.00 | $23.06 | 17.09% | -1.53% | |
| Jul 07, 2022 | Raymond James | $29.00 | $21.81 | 32.97% | 5.76% |
The latest Business First Bancshares stock forecast, released on Dec 13, 2022 by Piper Sandler company, set a price target of $27.00, which represents a 17.09% increase from the stock price at the time of the forecast ($23.06), and a -1.53% decrease from BFST last price ($27.42).
Business First Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $27.42 | $27.42 | $27.42 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Business First Bancshares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Business First Bancshares's last price of $27.42. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 19, 2024 | Raymond James | Outperform | Outperform | Upgrade |
| Jul 28, 2023 | Raymond James | Market Perform | Outperform | Upgrade |
| Jan 05, 2023 | Raymond James | Outperform | Market Perform | Downgrade |
| Dec 13, 2022 | Piper Sandler | Overweight | Initialise | |
| Oct 31, 2022 | Raymond James | Strong Buy | Outperform | Initialise |
| Jul 07, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
Business First Bancshares's last stock rating was published by Raymond James on Dec 19, 2024. The company gave BFST a "Outperform" rating, the same as its previous rate.
Business First Bancshares Financial Forecast
Business First Bancshares Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $100.56M | $63.74M | $61.53M | $60.96M | $63.73M | $61.02M | $56.53M | $46.26M | $44.27M | $43.24M | $53.72M | $45.38M | $49.13M | $41.15M | $35.91M | $23.02M | $22.88M | $22.18M |
| Avg Forecast | $87.92M | $86.92M | $84.94M | $83.03M | $83.63M | $82.19M | $79.77M | $77.54M | $74.75M | $65.33M | $62.80M | $62.23M | $62.46M | $62.71M | $59.64M | $60.71M | $61.67M | $59.78M | $54.22M | $47.24M | $44.61M | $42.99M | $44.73M | $44.48M | $40.97M | $38.69M | $32.16M | $22.59M | $22.94M | $22.68M |
| High Forecast | $89.08M | $88.07M | $86.05M | $84.12M | $84.73M | $83.27M | $80.81M | $78.43M | $75.74M | $65.33M | $62.80M | $62.23M | $63.35M | $63.50M | $60.42M | $61.51M | $62.18M | $59.78M | $54.22M | $47.24M | $44.61M | $42.99M | $44.73M | $44.48M | $40.97M | $38.69M | $32.16M | $22.59M | $22.94M | $22.68M |
| Low Forecast | $87.00M | $86.01M | $84.05M | $82.16M | $82.75M | $81.33M | $78.93M | $76.66M | $73.97M | $65.32M | $62.80M | $62.23M | $61.97M | $61.60M | $59.01M | $60.07M | $60.84M | $59.78M | $54.22M | $47.24M | $44.61M | $42.99M | $44.73M | $44.48M | $40.97M | $38.69M | $32.16M | $22.59M | $22.94M | $22.68M |
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 1 | 3 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.61% | 1.02% | 1.03% | 1.00% | 1.03% | 1.02% | 1.04% | 0.98% | 0.99% | 1.01% | 1.20% | 1.02% | 1.20% | 1.06% | 1.12% | 1.02% | 1.00% | 0.98% |
Business First Bancshares's average Quarter revenue forecast for Mar 24 based on 1 analysts is $62.23M, with a low forecast of $62.23M, and a high forecast of $62.23M. BFST's average Quarter revenue forecast represents a -38.12% decrease compared to the company's last Quarter revenue of $100.56M (Dec 23).
Business First Bancshares EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 1 | 3 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $1.65M | $27.66M | $26.76M | $45.98M | $42.56M | $28.69M | $22.90M | $15.79M | $19.60M | $18.21M | $27.41M | $20.05M | $23.21M | $18.23M | $9.43M | $11.19M | $13.89M | $13.31M |
| Avg Forecast | - | - | - | - | - | - | - | - | - | - | - | $19.86M | - | - | - | $18.05M | $18.18M | $17.83M | $16.17M | $16.41M | $13.31M | $12.82M | $13.34M | $19.02M | $12.22M | $11.54M | $9.59M | $12.03M | $6.84M | $6.76M |
| High Forecast | - | - | - | - | - | - | - | - | - | - | - | $23.83M | - | - | - | $21.66M | $21.81M | $17.83M | $16.17M | $19.69M | $13.31M | $12.82M | $13.34M | $22.82M | $12.22M | $11.54M | $9.59M | $14.43M | $6.84M | $6.76M |
| Low Forecast | - | - | - | - | - | - | - | - | - | - | - | $15.89M | - | - | - | $14.44M | $14.54M | $17.83M | $16.17M | $13.13M | $13.31M | $12.82M | $13.34M | $15.21M | $12.22M | $11.54M | $9.59M | $9.62M | $6.84M | $6.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.55% | 2.34% | 1.61% | 1.42% | 0.96% | 1.47% | 1.42% | 2.05% | 1.05% | 1.90% | 1.58% | 0.98% | 0.93% | 2.03% | 1.97% |
1 analysts predict BFST's average Quarter EBITDA for Mar 24 to be $19.86M, with a high of $23.83M and a low of $15.89M. This is 1105.61% upper than Business First Bancshares's previous annual EBITDA (Dec 23) of $1.65M.
Business First Bancshares Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 1 | 3 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $15.82M | $20.45M | $19.74M | $15.03M | $17.97M | $13.80M | $13.76M | $8.73M | $12.07M | $10.31M | $17.43M | $12.33M | $13.83M | $9.61M | $2.05M | $4.50M | $5.76M | $5.51M |
| Avg Forecast | $19.89M | $19.69M | $18.67M | $17.66M | $18.32M | $17.60M | $16.08M | $15.21M | $12.36M | $14.40M | $13.08M | $10.98M | $15.26M | $15.43M | $13.14M | $9.98M | $11.19M | $17.90M | $14.48M | $9.07M | $13.05M | $12.29M | $14.07M | $11.69M | $12.65M | $10.31M | $7.57M | $4.84M | $12.00M | $11.58M |
| High Forecast | $20.23M | $20.03M | $18.99M | $17.96M | $18.63M | $17.91M | $16.35M | $15.99M | $12.63M | $14.45M | $13.30M | $13.17M | $16.28M | $16.19M | $13.37M | $11.98M | $13.43M | $17.90M | $14.48M | $10.89M | $13.05M | $12.29M | $14.07M | $14.03M | $12.65M | $10.31M | $7.57M | $5.80M | $12.00M | $11.58M |
| Low Forecast | $19.62M | $19.42M | $18.42M | $17.41M | $18.07M | $17.36M | $15.86M | $14.18M | $12.10M | $14.35M | $12.90M | $8.78M | $13.74M | $14.67M | $12.96M | $7.98M | $8.95M | $17.90M | $14.48M | $7.26M | $13.05M | $12.29M | $14.07M | $9.35M | $12.65M | $10.31M | $7.57M | $3.87M | $12.00M | $11.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.33% | 1.50% | 1.51% | 1.61% | 0.77% | 0.95% | 0.96% | 0.92% | 0.84% | 1.24% | 1.05% | 1.09% | 0.93% | 0.27% | 0.93% | 0.48% | 0.48% |
Business First Bancshares's average Quarter net income forecast for Mar 24 is $10.98M, with a range of $8.78M to $13.17M. BFST's average Quarter net income forecast represents a -30.62% decrease compared to the company's last Quarter net income of $15.82M (Dec 23).
Business First Bancshares SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 1 | 3 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $24.75M | $25.65M | $23.18M | $24.66M | $27.16M | $25.69M | $24.07M | $21.85M | $20.86M | $17.38M | $14.93M | $27.84M | $15.43M | $17.62M | $9.44M | $15.65M | $8.79M |
| Avg Forecast | $36.74M | $36.32M | $35.49M | $34.69M | $34.95M | $34.34M | $33.33M | $32.40M | $31.24M | $27.30M | $26.24M | $30.27M | $26.10M | $26.20M | $24.92M | $27.52M | $20.26M | $22.42M | $20.33M | $25.02M | $16.73M | $16.12M | $16.77M | $14.15M | $15.37M | $14.51M | $12.06M | $10.14M | $8.60M | $8.51M |
| High Forecast | $37.22M | $36.80M | $35.96M | $35.15M | $35.40M | $34.80M | $33.77M | $32.77M | $31.65M | $27.30M | $26.24M | $36.33M | $26.47M | $26.53M | $25.25M | $33.02M | $24.31M | $22.42M | $20.33M | $30.02M | $16.73M | $16.12M | $16.77M | $16.98M | $15.37M | $14.51M | $12.06M | $12.17M | $8.60M | $8.51M |
| Low Forecast | $36.35M | $35.94M | $35.12M | $34.33M | $34.58M | $33.98M | $32.98M | $32.03M | $30.91M | $27.29M | $26.24M | $24.22M | $25.89M | $25.74M | $24.66M | $22.02M | $16.21M | $22.42M | $20.33M | $20.01M | $16.73M | $16.12M | $16.77M | $11.32M | $15.37M | $14.51M | $12.06M | $8.11M | $8.60M | $8.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 1.03% | 0.84% | 1.22% | 1.21% | 1.26% | 0.96% | 1.31% | 1.29% | 1.04% | 1.05% | 1.81% | 1.06% | 1.46% | 0.93% | 1.82% | 1.03% |
Business First Bancshares's average Quarter SG&A projection for Dec 23 is $26.10M, based on 3 Wall Street analysts, with a range of $25.89M to $26.47M. The forecast indicates a 5.46% rise compared to BFST last annual SG&A of $24.75M (Sep 23).
Business First Bancshares EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 3 | 2 | 1 | 2 | 1 | 3 | 5 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.62 | $0.76 | $0.73 | $0.60 | $0.68 | $0.61 | $0.61 | $0.42 | $0.59 | $0.51 | $0.84 | $0.60 | $0.67 | $0.47 | $0.11 | $0.34 | $0.43 | $0.41 |
| Avg Forecast | $0.78 | $0.77 | $0.73 | $0.69 | $0.72 | $0.69 | $0.63 | $0.60 | $0.49 | $0.57 | $0.51 | $0.57 | $0.60 | $0.61 | $0.52 | $0.52 | $0.60 | $0.70 | $0.57 | $0.51 | $0.51 | $0.48 | $0.55 | $0.58 | $0.50 | $0.41 | $0.30 | $0.40 | $0.47 | $0.46 |
| High Forecast | $0.80 | $0.79 | $0.75 | $0.71 | $0.73 | $0.70 | $0.64 | $0.63 | $0.50 | $0.57 | $0.52 | $0.58 | $0.64 | $0.64 | $0.53 | $0.53 | $0.61 | $0.70 | $0.57 | $0.51 | $0.51 | $0.48 | $0.55 | $0.58 | $0.50 | $0.41 | $0.30 | $0.40 | $0.47 | $0.46 |
| Low Forecast | $0.77 | $0.76 | $0.72 | $0.68 | $0.71 | $0.68 | $0.62 | $0.56 | $0.48 | $0.56 | $0.51 | $0.56 | $0.54 | $0.58 | $0.51 | $0.52 | $0.59 | $0.70 | $0.57 | $0.51 | $0.51 | $0.48 | $0.55 | $0.58 | $0.50 | $0.41 | $0.30 | $0.40 | $0.47 | $0.46 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.25% | 1.41% | 1.15% | 1.13% | 0.87% | 1.07% | 0.83% | 1.15% | 1.05% | 1.52% | 1.03% | 1.35% | 1.16% | 0.37% | 0.86% | 0.91% | 0.90% |
According to 1 Wall Street analysts, Business First Bancshares's projected average Quarter EPS for Mar 24 is $0.57, with a low estimate of $0.56 and a high estimate of $0.58. This represents a -8.06% decrease compared to BFST previous annual EPS of $0.62 (Dec 23).
Business First Bancshares Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| FCCO | First Community | $26.00 | $30.00 | 15.38% | Strong Buy |
| FFNW | First Financial Northwest | $21.61 | $23.50 | 8.75% | Hold |
| FNWB | First Northwest Bancorp | $10.67 | $11.00 | 3.09% | Hold |
| BFST | Business First Bancshares | $27.42 | $28.00 | 2.12% | Buy |
| ISTR | Investar | $19.24 | $13.50 | -29.83% | Buy |