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 7.94% upside from BFST’s last price of $25.94) 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 7.94% upside from BFST's last price of $25.94.
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% | 4.09% | |
| Jul 07, 2022 | Raymond James | $29.00 | $21.81 | 32.97% | 11.80% |
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 4.09% increase from BFST last price ($25.94).
Business First Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $25.94 | $25.94 | $25.94 |
| 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 $25.94. 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 |
|---|---|---|---|---|
| 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 Jul 28, 2023. The company Upgrade its BFST rating from "Market Perform" to "Outperform".
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 | $85.50M | $84.20M | $82.20M | $80.30M | $82.09M | $80.50M | $78.12M | $75.72M | $74.76M | $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 | $86.23M | $84.92M | $82.91M | $80.99M | $82.80M | $81.19M | $78.79M | $75.75M | $75.40M | $65.33M | $62.80M | $62.23M | $63.35M | $63.50M | $60.15M | $61.23M | $62.20M | $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 | $84.37M | $83.08M | $81.11M | $79.24M | $81.01M | $79.44M | $77.09M | $75.69M | $73.77M | $65.32M | $62.80M | $62.23M | $61.97M | $61.60M | $58.85M | $59.91M | $60.85M | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 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 | $19.72M | $19.72M | $18.57M | $17.55M | $18.32M | $17.10M | $15.42M | $14.14M | $11.86M | $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 | $19.94M | $19.94M | $18.78M | $17.75M | $18.52M | $17.29M | $15.59M | $14.30M | $12.68M | $14.45M | $13.22M | $13.17M | $16.28M | $16.19M | $13.29M | $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 | $19.38M | $19.38M | $18.25M | $17.25M | $18.00M | $16.80M | $15.15M | $13.90M | $10.20M | $14.35M | $12.85M | $8.78M | $13.74M | $14.67M | $12.92M | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 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 | $35.78M | $35.23M | $34.40M | $33.60M | $34.35M | $33.69M | $32.69M | $31.69M | $31.28M | $27.34M | $26.28M | $30.27M | $26.14M | $26.24M | $24.96M | $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 | $36.09M | $35.54M | $34.69M | $33.89M | $34.65M | $33.98M | $32.97M | $31.70M | $31.55M | $27.34M | $26.28M | $36.33M | $26.51M | $26.57M | $25.17M | $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 | $35.30M | $34.77M | $33.94M | $33.16M | $33.90M | $33.24M | $32.26M | $31.67M | $30.87M | $27.33M | $26.28M | $24.22M | $25.93M | $25.78M | $24.63M | $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 $26.14M, based on 3 Wall Street analysts, with a range of $25.93M to $26.51M. The forecast indicates a 5.62% 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 5 | 4 | 4 | 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 | $0.78 | $0.73 | $0.69 | $0.72 | $0.67 | $0.61 | $0.56 | $0.47 | $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 | $0.78 | $0.78 | $0.74 | $0.70 | $0.73 | $0.68 | $0.61 | $0.56 | $0.50 | $0.57 | $0.52 | $0.58 | $0.64 | $0.64 | $0.52 | $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 | $0.76 | $0.76 | $0.72 | $0.68 | $0.71 | $0.66 | $0.60 | $0.55 | $0.40 | $0.56 | $0.51 | $0.56 | $0.54 | $0.58 | $0.51 | $0.51 | $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).