First Merchants Stock Target Price and Analyst Consensus

FRME Stock  USD 44.05  0.65  1.50%   
The current analyst and expert consensus on First Merchants is Buy, with only one strong buy opinion. The current projected First Merchants target price consensus is 36.33 with 6 analyst opinions. Check out Macroaxis Advice on First Merchants to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
The most common way First Merchants analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview First Merchants executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on First Merchants. We strongly encourage you to use your own analysis of First Merchants to validate this buy or sell advice. First Merchants buy-or-sell recommendation module provides average expert sentiment on the projected First Merchants target price to derive its highest and lowest estimates based on projected price volatility of 2.5934.
Lowest Forecast
33.06
Highest Forecast
40.33
Target Price
36.33
The current year's Gross Profit is expected to grow to about 687 M, whereas Pretax Profit Margin is forecasted to decline to 0.36. At present, First Merchants' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 915.1 M, whereas Non Currrent Assets Other are projected to grow to (4.5 B).
  
It's important to approach First Merchants' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize First Merchants price targets

First Merchants' stock target price is an estimate of its future price, usually made by analysts. Using First Merchants' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at First Merchants' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if First Merchants' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional First Merchants Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of First Merchants is a key component of First Merchants valuation and have some predictive power on the future returns of a First Merchants.
Hype
Prediction
LowEstimatedHigh
40.8143.4045.99
Details
Intrinsic
Valuation
LowRealHigh
39.1341.7244.31
Details
Naive
Forecast
LowNextHigh
39.7242.3144.90
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.840.900.85
Details

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When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:
Check out Macroaxis Advice on First Merchants to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Please note, the presentation of First Merchants' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Merchants' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of First Merchants' management manipulating its earnings.