Cathay General Bancorp (CATY) Stock Forecast, Price Target & Predictions
CATY Stock Forecast
Cathay General Bancorp (CATY) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $60.00, with a high of $60.00 and a low of $60.00. This represents a 27.17% increase from the last price of $47.18.
CATY Stock Rating
Cathay General Bancorp stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (60.00%), 1 Hold (20.00%), 1 Sell (20.00%), and 0 Strong Sell (0.00%).
Buy
CATY Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Cathay General Bancorp | 27.17% |
Sector | Financial Services Stocks | 2.38% |
Industry | Regional Banks Stocks | 7.84% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 1 | 2 |
Avg Price Target | - | $60.00 | $55.00 |
Last Closing Price | $47.18 | $47.18 | $47.18 |
Upside/Downside | - | 27.17% | 16.57% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | - | 2 | 2 | - | 1 | 5 |
Dec, 24 | - | 2 | 3 | - | 1 | 6 |
Nov, 24 | - | 3 | 5 | - | 1 | 9 |
Oct, 24 | 1 | 3 | 5 | 1 | 1 | 11 |
Sep, 24 | 1 | 3 | 5 | 1 | 1 | 11 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Dec 09, 2024 | Andrew Terrell | Stephens | $60.00 | $51.60 | 16.28% | 27.17% |
Jul 23, 2024 | David Chiaverini | Wedbush | $50.00 | $43.02 | 16.23% | 5.98% |
Jun 15, 2022 | Truist Financial | $43.00 | $39.09 | 10.00% | -8.86% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Dec 09, 2024 | Stephens | Overweight | upgrade | |
Oct 23, 2024 | Wedbush | Outperform | Outperform | hold |
Oct 22, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | hold |
Jul 23, 2024 | Wedbush | Outperform | Outperform | hold |
Jul 23, 2024 | Piper Sandler | Underweight | Underweight | hold |
Apr 25, 2024 | Wedbush | Market Perform | Market Perform | hold |
Apr 23, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | hold |
Apr 26, 2022 | Zacks Investment Research | Buy | upgrade |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $2.88 | $3.81 | $4.71 | $4.86 | - | - | - |
Avg Forecast | $2.75 | $3.75 | $4.90 | $4.78 | $3.93 | $4.13 | $4.60 |
High Forecast | $2.70 | $3.69 | $4.79 | $4.63 | $3.92 | $3.60 | $4.29 |
Low Forecast | $2.79 | $3.81 | $4.99 | $4.85 | $3.95 | $4.73 | $4.89 |
Surprise % | 4.73% | 1.60% | -3.88% | 1.67% | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $594.93M | $652.36M | $790.51M | $1.31B | - | - | - |
Avg Forecast | $593.97M | $643.35M | $793.40M | $800.14M | $732.59M | $768.98M | $816.85M |
High Forecast | $586.74M | $635.52M | $779.77M | $798.00M | $708.20M | $743.37M | $789.65M |
Low Forecast | $601.39M | $651.39M | $805.32M | $802.28M | $747.45M | $784.58M | $833.42M |
Surprise % | 0.16% | 1.40% | -0.36% | 63.69% | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
---|---|---|---|---|---|---|---|
Reported | $228.86M | $298.30M | $360.64M | $354.12M | - | - | - |
Avg Forecast | $202.53M | $263.66M | $307.79M | $354.12M | $285.98M | $297.11M | $317.56M |
High Forecast | $162.03M | $210.93M | $246.23M | $283.30M | $285.87M | $262.06M | $312.66M |
Low Forecast | $243.04M | $316.40M | $369.35M | $424.95M | $288.01M | $344.52M | $356.20M |
Surprise % | 13.00% | 13.14% | 17.17% | - | - | - | - |