PennantPark Floating Rate Capital (PFLT) Stock Forecast, Price Target & Predictions
PFLT Stock Forecast
PennantPark Floating Rate Capital stock forecast is as follows: an average price target of $12.00 (represents a 3.36% upside from PFLT’s last price of $11.61) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
PFLT Price Target
The average price target for PennantPark Floating Rate Capital (PFLT) is $12.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $12.00 to $12.00. This represents a potential 3.36% upside from PFLT's last price of $11.61.
PFLT Analyst Ratings
According to 1 Wall Street analysts, PennantPark Floating Rate Capital's rating consensus is 'Hold'. The analyst rating breakdown for PFLT stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
PennantPark Floating Rate Capital Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 12, 2024 | Michael Diana | Maxim Group | $12.00 | $10.83 | 10.80% | 3.36% |
The latest PennantPark Floating Rate Capital stock forecast, released on Aug 12, 2024 by Michael Diana from Maxim Group, set a price target of $12.00, which represents a 10.80% increase from the stock price at the time of the forecast ($10.83), and a 3.36% increase from PFLT last price ($11.61).
PennantPark Floating Rate Capital Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $12.00 | $12.00 |
| Last Closing Price | $11.61 | $11.61 | $11.61 |
| Upside/Downside | -100.00% | 3.36% | 3.36% |
In the current month, the average price target of PennantPark Floating Rate Capital stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PennantPark Floating Rate Capital's last price of $11.61. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 18, 2024 | UBS | Neutral | Neutral | Hold |
PennantPark Floating Rate Capital's last stock rating was published by UBS on Jul 18, 2024. The company gave PFLT a "Neutral" rating, the same as its previous rate.
PennantPark Floating Rate Capital Financial Forecast
PennantPark Floating Rate Capital Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $29.43M | $23.75M | $4.89M | $489.00K | $9.71M | - | $11.95M | $16.87M | $7.35M | $15.16M | $12.47M | $26.93M | $18.05M | $13.62M | $8.77B | $11.04M | $8.34M | $5.48M |
| Avg Forecast | $47.81M | $48.65M | $50.32M | $50.96M | $53.57M | $53.28M | $52.89M | $52.47M | $50.80M | $46.29M | $39.46M | $35.01M | $34.59M | $33.51M | $32.92M | $30.46M | $28.46M | $24.99M | $23.96M | $21.66M | $20.44M | $20.46M | $20.52M | $21.18M | $21.71M | $25.04M | $24.96M | $23.83M | $23.21M | $22.19M |
| High Forecast | $52.57M | $53.49M | $55.32M | $56.03M | $58.90M | $58.58M | $58.16M | $57.69M | $51.34M | $50.89M | $43.39M | $35.21M | $34.95M | $36.85M | $36.19M | $33.49M | $31.29M | $24.99M | $24.68M | $22.32M | $21.06M | $21.08M | $21.14M | $21.82M | $22.37M | $25.79M | $25.72M | $24.55M | $23.91M | $22.86M |
| Low Forecast | $38.74M | $39.42M | $40.77M | $41.29M | $43.40M | $43.17M | $42.86M | $42.51M | $50.25M | $37.50M | $31.97M | $34.82M | $34.26M | $27.15M | $26.67M | $24.68M | $23.06M | $24.99M | $23.21M | $20.98M | $19.80M | $19.82M | $19.87M | $20.52M | $21.03M | $24.25M | $24.18M | $23.09M | $22.48M | $21.49M |
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.71% | 0.15% | 0.02% | 0.34% | - | 0.50% | 0.78% | 0.36% | 0.74% | 0.61% | 1.27% | 0.83% | 0.54% | 351.24% | 0.46% | 0.36% | 0.25% |
PennantPark Floating Rate Capital's average Quarter revenue forecast for Dec 23 based on 2 analysts is $35.01M, with a low forecast of $34.82M, and a high forecast of $35.21M. PFLT's average Quarter revenue forecast represents a 18.98% increase compared to the company's last Quarter revenue of $29.43M (Sep 23).
PennantPark Floating Rate Capital EBITDA Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $28.31M | - | $13.79M | $27.92M | $-4.77M | - | $17.85M | $22.71M | $9.73M | $20.71M | $16.55M | $31.57M | $22.61M | $19.31M | $-13.37M | $17.38M | $13.63M | $10.18M |
| Avg Forecast | $44.41M | $45.18M | $46.73M | $47.33M | $49.75M | $49.49M | $49.13M | $48.73M | $47.18M | $42.99M | $27.55M | $32.52M | $32.12M | $31.13M | $21.78M | $28.29M | $10.31M | $23.21M | $17.22M | $21.53M | $9.37M | $19.00M | $17.17M | $19.68M | $20.17M | $20.69M | $-12.91M | $17.38M | $13.63M | $10.18M |
| High Forecast | $48.83M | $49.68M | $51.38M | $52.04M | $54.70M | $54.41M | $54.02M | $53.58M | $47.68M | $47.27M | $33.06M | $32.70M | $32.46M | $34.22M | $26.13M | $31.10M | $12.37M | $23.21M | $20.66M | $25.83M | $11.24M | $19.58M | $20.60M | $20.27M | $20.78M | $24.82M | $-10.33M | $20.86M | $16.35M | $12.22M |
| Low Forecast | $35.98M | $36.61M | $37.86M | $38.35M | $40.31M | $40.09M | $39.80M | $39.48M | $46.67M | $34.83M | $22.04M | $32.34M | $31.82M | $25.22M | $17.42M | $22.92M | $8.25M | $23.21M | $13.77M | $17.22M | $7.50M | $18.41M | $13.73M | $19.06M | $19.54M | $16.55M | $-15.50M | $13.90M | $10.90M | $8.15M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.88% | - | 0.63% | 0.99% | -0.46% | - | 1.04% | 1.05% | 1.04% | 1.09% | 0.96% | 1.60% | 1.12% | 0.93% | 1.04% | 1.00% | 1.00% | 1.00% |
2 analysts predict PFLT's average Quarter EBITDA for Dec 23 to be $32.52M, with a high of $32.70M and a low of $32.34M. This is 14.85% upper than PennantPark Floating Rate Capital's previous annual EBITDA (Sep 23) of $28.31M.
PennantPark Floating Rate Capital Net Income Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $28.05M | - | $7.24M | $-1.62M | $-13.14M | - | $7.25M | $14.43M | $4.00M | $14.71M | $11.67M | $26.13M | $16.99M | $12.56M | $-21.10M | $9.97M | $7.37M | $4.52M |
| Avg Forecast | $19.82M | $19.87M | $20.27M | $20.32M | $21.22M | $21.29M | $21.48M | $21.86M | $21.79M | $21.86M | $11.18M | $21.45M | $21.15M | $24.58M | $8.84M | $20.43M | $4.24M | $17.22M | $6.99M | $11.86M | $3.86M | $15.23M | $12.11M | $27.10M | $16.33M | $13.45M | $-20.37M | $9.97M | $7.37M | $4.52M |
| High Forecast | $22.39M | $22.44M | $22.89M | $22.95M | $23.97M | $24.05M | $24.26M | $24.69M | $24.61M | $24.69M | $13.42M | $24.22M | $22.51M | $27.76M | $10.61M | $23.07M | $5.09M | $17.22M | $8.39M | $14.23M | $4.63M | $18.28M | $14.53M | $32.52M | $19.60M | $16.14M | $-16.30M | $11.97M | $8.85M | $5.42M |
| Low Forecast | $14.93M | $14.97M | $15.27M | $15.31M | $15.99M | $16.04M | $16.18M | $16.47M | $21.11M | $16.47M | $8.95M | $16.16M | $19.78M | $18.52M | $7.07M | $15.39M | $3.39M | $17.22M | $5.59M | $9.48M | $3.09M | $12.19M | $9.68M | $21.68M | $13.07M | $10.76M | $-24.45M | $7.98M | $5.90M | $3.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.33% | - | 0.82% | -0.08% | -3.10% | - | 1.04% | 1.22% | 1.04% | 0.97% | 0.96% | 0.96% | 1.04% | 0.93% | 1.04% | 1.00% | 1.00% | 1.00% |
PennantPark Floating Rate Capital's average Quarter net income forecast for Dec 23 is $21.45M, with a range of $16.16M to $24.22M. PFLT's average Quarter net income forecast represents a -23.52% decrease compared to the company's last Quarter net income of $28.05M (Sep 23).
PennantPark Floating Rate Capital SG&A Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.11M | $722.00K | $849.00K | $850.00K | $798.00K | - | $799.00K | $798.35K | $350.00K | $350.00K | $700.00K | $700.00K | $966.08K | $966.08K | $966.08K | $966.08K | $966.08K | $966.08K |
| Avg Forecast | $7.51M | $7.64M | $7.90M | $8.00M | $8.41M | $8.37M | $8.31M | $8.24M | $7.98M | $7.27M | $1.23M | $5.50M | $5.43M | $5.26M | $974.64K | $4.78M | $370.74K | $3.93M | $770.46K | $655.79K | $337.04K | $362.50K | $725.92K | $725.92K | $928.92K | $1.04M | $1.03M | $1.07M | $966.08K | $966.08K |
| High Forecast | $8.26M | $8.40M | $8.69M | $8.80M | $9.25M | $9.20M | $9.13M | $9.06M | $8.06M | $7.99M | $1.48M | $5.53M | $5.49M | $5.79M | $1.17M | $5.26M | $444.89K | $3.93M | $924.56K | $786.95K | $404.44K | $435.00K | $871.11K | $871.11K | $1.11M | $1.24M | $1.24M | $1.28M | $1.16M | $1.16M |
| Low Forecast | $6.08M | $6.19M | $6.40M | $6.48M | $6.82M | $6.78M | $6.73M | $6.68M | $7.89M | $5.89M | $986.33K | $5.47M | $5.38M | $4.26M | $779.71K | $3.88M | $296.59K | $3.93M | $616.37K | $524.63K | $269.63K | $290.00K | $580.74K | $580.74K | $743.13K | $828.07K | $823.45K | $852.86K | $772.86K | $772.86K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.20% | 0.14% | 0.87% | 0.18% | 2.15% | - | 1.04% | 1.22% | 1.04% | 0.97% | 0.96% | 0.96% | 1.04% | 0.93% | 0.94% | 0.91% | 1.00% | 1.00% |
PennantPark Floating Rate Capital's average Quarter SG&A projection for Dec 23 is $5.50M, based on 2 Wall Street analysts, with a range of $5.47M to $5.53M. The forecast indicates a 394.54% rise compared to PFLT last annual SG&A of $1.11M (Sep 23).
PennantPark Floating Rate Capital EPS Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | - | - | - | - | 2 | 3 | 2 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | - | 2 | 2 | 2 | 4 | 6 | 4 | 6 | 4 | 5 | 3 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.48 | - | $0.15 | $-0.04 | $-0.34 | - | $0.18 | $0.37 | $0.10 | $0.38 | $0.30 | $0.67 | $0.44 | $0.32 | $-0.54 | $0.26 | $0.19 | $0.12 |
| Avg Forecast | $0.29 | $0.29 | $0.30 | $0.30 | $0.31 | $0.31 | $0.31 | $0.32 | $0.32 | $0.32 | $0.32 | $0.31 | $0.31 | $0.36 | $0.31 | $0.30 | $0.29 | $0.28 | $0.28 | $0.28 | $0.27 | $0.27 | $0.27 | $0.27 | $0.26 | $0.28 | $0.29 | $0.29 | $0.29 | $0.29 |
| High Forecast | $0.33 | $0.33 | $0.33 | $0.34 | $0.35 | $0.35 | $0.35 | $0.36 | $0.36 | $0.36 | $0.36 | $0.35 | $0.33 | $0.41 | $0.35 | $0.34 | $0.33 | $0.28 | $0.29 | $0.29 | $0.28 | $0.28 | $0.28 | $0.28 | $0.27 | $0.29 | $0.30 | $0.30 | $0.30 | $0.30 |
| Low Forecast | $0.22 | $0.22 | $0.22 | $0.22 | $0.23 | $0.23 | $0.24 | $0.24 | $0.31 | $0.24 | $0.24 | $0.24 | $0.29 | $0.27 | $0.23 | $0.22 | $0.22 | $0.28 | $0.27 | $0.26 | $0.26 | $0.26 | $0.26 | $0.26 | $0.25 | $0.27 | $0.28 | $0.28 | $0.28 | $0.28 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.55% | - | 0.48% | -0.12% | -1.16% | - | 0.64% | 1.35% | 0.38% | 1.42% | 1.12% | 2.48% | 1.70% | 1.14% | -1.88% | 0.91% | 0.66% | 0.41% |
According to 2 Wall Street analysts, PennantPark Floating Rate Capital's projected average Quarter EPS for Dec 23 is $0.31, with a low estimate of $0.24 and a high estimate of $0.35. This represents a -34.75% decrease compared to PFLT previous annual EPS of $0.48 (Sep 23).
PennantPark Floating Rate Capital Peer Comparison by Price Target
PFLT Forecast FAQ
Is PennantPark Floating Rate Capital a good buy?
No, according to 1 Wall Street analysts, PennantPark Floating Rate Capital (PFLT) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of PFLT's total ratings.
What is PFLT's price target?
PennantPark Floating Rate Capital (PFLT) average price target is $12 with a range of $12 to $12, implying a 3.36% from its last price of $11.61. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will PennantPark Floating Rate Capital stock go up soon?
According to Wall Street analysts' prediction for PFLT stock, the company can go up by 3.36% (from the last price of $11.61 to the average price target of $12), up by 3.36% based on the highest stock price target, and up by 3.36% based on the lowest stock price target.
Can PennantPark Floating Rate Capital stock reach $20?
PFLT's average twelve months analyst stock price target of $12 does not support the claim that PennantPark Floating Rate Capital can reach $20 in the near future.
What are PennantPark Floating Rate Capital's analysts' financial forecasts?
PennantPark Floating Rate Capital's analysts financial forecasts for the fiscal year (Sep 2025) are as follows: average revenue is $212.21M (high $233.32M, low $171.93M), average EBITDA is $197.1M (high $216.71M, low $159.69M), average net income is $85.86M (high $96.96M, low $64.67M), average SG&A $33.33M (high $36.65M, low $27.01M), and average EPS is $1.25 (high $1.42, low $0.944). PFLT's analysts financial forecasts for the fiscal year (Sep 2026) are as follows: average revenue is $197.73M (high $217.41M, low $160.21M), average EBITDA is $183.65M (high $201.93M, low $148.8M), average net income is $80.28M (high $90.66M, low $60.47M), average SG&A $31.06M (high $34.15M, low $25.16M), and average EPS is $1.17 (high $1.32, low $0.883).
Did the PFLT's actual financial results beat the analysts' financial forecasts?
Based on PennantPark Floating Rate Capital's last annual report (Sep 2023), the company's revenue was $42.16M, which missed the average analysts forecast of $131.47M by -67.94%. Apple's EBITDA was $37.73M, missing the average prediction of $113.31M by -66.70%. The company's net income was $39.26M, missing the average estimation of $75M by -47.65%. Apple's SG&A was $4.42M, missing the average forecast of $16.45M by -73.13%. Lastly, the company's EPS was $0.67, missing the average prediction of $1.28 by -47.49%. In terms of the last quarterly report (Sep 2023), PennantPark Floating Rate Capital's revenue was $29.43M, missing the average analysts' forecast of $34.59M by -14.92%. The company's EBITDA was $28.31M, missing the average prediction of $32.12M by -11.86%. PennantPark Floating Rate Capital's net income was $28.05M, beating the average estimation of $21.15M by 32.64%. The company's SG&A was $1.11M, missing the average forecast of $5.43M by -79.53%. Lastly, the company's EPS was $0.48, beating the average prediction of $0.309 by 55.46%