Cathay General Bancorp (CATY) Stock Forecast, Price Target & Predictions


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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.

$30 $36 $42 $48 $54 $60 High: $60 Avg: $60 Low: $60 Last Closed Price: $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
Total 5 0 1 1 3 Strong Sell Sell Hold Buy Strong Buy

CATY Forecast vs Benchmarks


TypeNameUpside
StockCathay General Bancorp27.17%
SectorFinancial Services Stocks 2.38%
IndustryRegional Banks Stocks7.84%

Price Target Trends


1M3M12M
# Anlaysts-12
Avg Price Target-$60.00$55.00
Last Closing Price$47.18$47.18$47.18
Upside/Downside-27.17%16.57%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-22-15
Dec, 24-23-16
Nov, 24-35-19
Oct, 241351111
Sep, 241351111
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Andrew TerrellStephens$60.00$51.6016.28%27.17%
Jul 23, 2024David ChiaveriniWedbush$50.00$43.0216.23%5.98%
Jun 15, 2022Truist Financial$43.00$39.0910.00%-8.86%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024StephensOverweightupgrade
Oct 23, 2024WedbushOutperformOutperformhold
Oct 22, 2024Keefe, Bruyette & WoodsMarket PerformMarket Performhold
Jul 23, 2024WedbushOutperformOutperformhold
Jul 23, 2024Piper SandlerUnderweightUnderweighthold
Apr 25, 2024WedbushMarket PerformMarket Performhold
Apr 23, 2024Keefe, Bruyette & WoodsMarket PerformMarket Performhold
Apr 26, 2022Zacks Investment ResearchBuyupgrade

Financial Forecast


EPS Forecast

Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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

$550M $710M $870M $1B $1B $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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

$150M $210M $270M $330M $390M $450M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 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%----

CATY Forecast FAQ


Is Cathay General Bancorp stock a buy?

Cathay General Bancorp stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 1 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Cathay General Bancorp is a favorable investment for most analysts.

What is Cathay General Bancorp's price target?

Cathay General Bancorp's price target, set by 5 Wall Street analysts, averages $60 over the next 12 months. The price target range spans from $60 at the low end to $60 at the high end, suggesting a potential 27.17% change from the previous close price of $47.18.

How does Cathay General Bancorp stock forecast compare to the average forecast of its sector, industry, and investment themes?

Cathay General Bancorp stock forecast shows a 27.17% upside, outperforming the average forecast for the financial services stocks sector (2.38%) and outperforming the regional banks stocks industry (7.84%).

What is the breakdown of analyst ratings for Cathay General Bancorp over the past three months?

  • January 2025: 0% Strong Buy, 40.00% Buy, 40.00% Hold, 0% Sell, 20.00% Strong Sell.
  • December 2024: 0% Strong Buy, 33.33% Buy, 50.00% Hold, 0% Sell, 16.67% Strong Sell.
  • November 2024: 0% Strong Buy, 33.33% Buy, 55.56% Hold, 0% Sell, 11.11% Strong Sell.

What is Cathay General Bancorp’s EPS forecast?

Cathay General Bancorp's average annual EPS forecast for its fiscal year ending in December is 3.93 for 2024, a -19.14% decrease from the reported $4.86 in 2023. The prediction for 2025 is $4.13, and $4.6 for 2026.

What is Cathay General Bancorp’s revenue forecast?

Cathay General Bancorp's average annual revenue forecast for its fiscal year ending in December is $732.59M for 2024, a -44.07% decrease from the reported $1.31B in 2023. The forecast for 2025 is $768.98M, and $816.85M for 2026.

What is Cathay General Bancorp’s net income forecast?

For its fiscal year ending in December, Cathay General Bancorp's average annual net income forecast is $285.98M for 2024, reflecting a -19.24% decrease from the reported $354.12M in 2023. The projection for 2025 is $297.11M, and $317.56M for 2026.