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 12.36% upside from PFLT’s last price of $10.68) 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 12.36% upside from PFLT's last price of $10.68.
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% | 12.36% |
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 12.36% increase from PFLT last price ($10.68).
PennantPark Floating Rate Capital Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $12.00 |
| Last Closing Price | $10.68 | $10.68 | $10.68 |
| Upside/Downside | -100.00% | -100.00% | 12.36% |
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 $10.68. This month's average price target is down NaN% 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 | Jun 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 | $13.60M | $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 | $58.94M | $58.90M | $59.01M | $59.13M | $59.54M | $59.30M | $59.13M | $59.35M | $52.05M | $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 | $60.42M | $60.37M | $60.49M | $60.61M | $61.03M | $60.79M | $60.21M | $60.55M | $52.67M | $46.29M | $39.46M | $35.21M | $34.95M | $34.35M | $33.74M | $31.22M | $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 |
| Low Forecast | $57.31M | $57.26M | $57.37M | $57.49M | $57.88M | $57.65M | $58.06M | $58.14M | $51.42M | $46.29M | $39.46M | $34.82M | $34.26M | $32.58M | $32.00M | $29.61M | $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 |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.85% | 0.71% | 0.15% | 0.02% | 0.34% | 0.54% | 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 | Jun 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 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $28.31M | - | $13.79M | $27.92M | $-4.77M | $2.38M | $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 | $-2.39M | $-2.39M | $-2.39M | $-2.40M | $-2.41M | $-2.40M | $-2.40M | $-2.40M | $-2.11M | $-1.88M | $27.55M | $-1.42M | $-1.40M | $-1.36M | $21.78M | $23.68M | $26.43M | $23.21M | $17.22M | $20.12M | $18.99M | $19.00M | $17.17M | $19.68M | $20.17M | $23.26M | $-12.91M | $22.14M | $21.55M | $20.61M |
| High Forecast | $-2.32M | $-2.32M | $-2.32M | $-2.33M | $-2.35M | $-2.34M | $-2.35M | $-2.36M | $-2.08M | $-1.88M | $33.06M | $-1.41M | $-1.39M | $-1.32M | $26.13M | $28.42M | $26.43M | $23.21M | $20.66M | $20.12M | $18.99M | $19.00M | $20.60M | $19.68M | $20.17M | $23.26M | $-10.33M | $22.14M | $21.55M | $20.61M |
| Low Forecast | $-2.45M | $-2.45M | $-2.45M | $-2.46M | $-2.47M | $-2.46M | $-2.44M | $-2.45M | $-2.13M | $-1.88M | $22.04M | $-1.43M | $-1.42M | $-1.39M | $17.42M | $18.95M | $26.43M | $23.21M | $13.77M | $20.12M | $18.99M | $19.00M | $13.73M | $19.68M | $20.17M | $23.26M | $-15.50M | $22.14M | $21.55M | $20.61M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -20.20% | - | 0.63% | 1.18% | -0.18% | 0.10% | 1.04% | 1.13% | 0.51% | 1.09% | 0.96% | 1.60% | 1.12% | 0.83% | 1.04% | 0.79% | 0.63% | 0.49% |
2 analysts predict PFLT's average Quarter EBITDA for Dec 23 to be $-1.42M, with a high of $-1.41M and a low of $-1.43M. This is -105.01% lower 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 | Jun 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 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $28.05M | - | $7.24M | $-1.62M | $-13.14M | $-5.08M | $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 | $21.26M | $21.41M | $21.40M | $21.37M | $21.60M | $21.59M | $21.75M | $21.95M | $21.76M | $21.86M | $11.18M | $21.45M | $21.15M | $24.58M | $8.84M | $13.04M | $20.09M | $19.29M | $6.99M | $18.83M | $18.49M | $18.38M | $12.11M | $18.49M | $17.69M | $19.29M | $-20.37M | $19.63M | $19.75M | $19.86M |
| High Forecast | $21.96M | $22.11M | $22.10M | $22.07M | $22.30M | $22.29M | $22.46M | $22.66M | $21.77M | $21.87M | $13.42M | $22.15M | $22.51M | $25.38M | $10.61M | $15.65M | $20.09M | $19.29M | $8.39M | $18.83M | $18.49M | $18.38M | $14.53M | $18.49M | $17.69M | $19.29M | $-16.30M | $19.63M | $19.75M | $19.86M |
| Low Forecast | $20.50M | $20.64M | $20.63M | $20.60M | $20.82M | $20.81M | $20.97M | $21.16M | $21.75M | $21.85M | $8.95M | $20.67M | $19.78M | $23.69M | $7.07M | $10.43M | $20.09M | $19.29M | $5.59M | $18.83M | $18.49M | $18.38M | $9.68M | $18.49M | $17.69M | $19.29M | $-24.45M | $19.63M | $19.75M | $19.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.33% | - | 0.82% | -0.12% | -0.65% | -0.26% | 1.04% | 0.77% | 0.22% | 0.80% | 0.96% | 1.41% | 0.96% | 0.65% | 1.04% | 0.51% | 0.37% | 0.23% |
PennantPark Floating Rate Capital's average Quarter net income forecast for Dec 23 is $21.45M, with a range of $20.67M to $22.15M. 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 | Jun 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 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $1.11M | $722.00K | $849.00K | $850.00K | $798.00K | $799.00K | $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 | $8.57M | $8.57M | $8.58M | $8.60M | $8.66M | $8.62M | $8.60M | $8.63M | $7.57M | $6.73M | $1.23M | $5.09M | $5.03M | $4.87M | $974.64K | $721.37K | $4.47M | $3.93M | $770.46K | $3.40M | $3.21M | $3.21M | $725.92K | $3.33M | $3.41M | $3.93M | $1.03M | $3.74M | $3.65M | $3.48M |
| High Forecast | $8.79M | $8.78M | $8.80M | $8.81M | $8.88M | $8.84M | $8.76M | $8.81M | $7.66M | $6.73M | $1.48M | $5.12M | $5.08M | $5.00M | $1.17M | $865.64K | $4.47M | $3.93M | $924.56K | $3.40M | $3.21M | $3.21M | $871.11K | $3.33M | $3.41M | $3.93M | $1.24M | $3.74M | $3.65M | $3.48M |
| Low Forecast | $8.33M | $8.33M | $8.34M | $8.36M | $8.42M | $8.38M | $8.44M | $8.46M | $7.48M | $6.73M | $986.33K | $5.06M | $4.98M | $4.74M | $779.71K | $577.09K | $4.47M | $3.93M | $616.37K | $3.40M | $3.21M | $3.21M | $580.74K | $3.33M | $3.41M | $3.93M | $823.45K | $3.74M | $3.65M | $3.48M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.22% | 0.15% | 0.87% | 1.18% | 0.18% | 0.20% | 1.04% | 0.23% | 0.11% | 0.11% | 0.96% | 0.21% | 0.28% | 0.25% | 0.94% | 0.26% | 0.27% | 0.28% |
PennantPark Floating Rate Capital's average Quarter SG&A projection for Dec 23 is $5.09M, based on 2 Wall Street analysts, with a range of $5.06M to $5.12M. The forecast indicates a 357.90% 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 | Jun 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 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 9 | 8 | 7 | 6 | 5 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.48 | - | $0.15 | $-0.04 | $-0.34 | $-0.12 | $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 | $0.31 | $0.31 | $0.31 | $0.31 | $0.32 | $0.32 | $0.32 | $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 | $0.32 | $0.32 | $0.32 | $0.32 | $0.33 | $0.33 | $0.33 | $0.33 | $0.32 | $0.32 | $0.32 | $0.32 | $0.33 | $0.37 | $0.32 | $0.31 | $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 |
| Low Forecast | $0.30 | $0.30 | $0.30 | $0.30 | $0.30 | $0.30 | $0.31 | $0.31 | $0.32 | $0.32 | $0.32 | $0.30 | $0.29 | $0.35 | $0.30 | $0.29 | $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 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.55% | - | 0.48% | -0.12% | -1.16% | -0.43% | 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 $0.30 and a high estimate of $0.32. 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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| PFLT | PennantPark Floating Rate Capital | $10.81 | $12.00 | 11.01% | Hold |
| WHF | WhiteHorse Finance | $11.85 | $12.00 | 1.27% | Buy |
| SCM | Stellus Capital Investment | $13.25 | $13.25 | - | Hold |
| GLAD | Gladstone Capital | $23.74 | $23.00 | -3.12% | Hold |
| MAIN | Main Street Capital | $55.62 | $52.00 | -6.51% | Buy |
| PSEC | Prospect Capital | $5.41 | $4.50 | -16.82% | Sell |