PennantPark Floating Stock Target Price and Analyst Consensus

PFLT Stock  USD 11.05  0.04  0.36%   
The current analyst and expert consensus on PennantPark Floating is Buy with 4 hold recommendations. The current projected PennantPark Floating target price consensus is 11.50 with 7 analyst opinions. One of the most common ways PennantPark Floating Rate analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to PennantPark Floating vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on PennantPark Floating. We strongly encourage you to use your own analysis of PennantPark Floating Rate to validate this buy or sell advice. PennantPark Floating recommendation module provides expert sentiment on the projected PennantPark Floating Rate target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on PennantPark Floating to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
10.47
Highest Forecast
12.77
Target Price
11.5
At this time, PennantPark Floating's Operating Profit Margin is comparatively stable compared to the past year. Gross Profit Margin is likely to gain to 0.95 in 2024, whereas Gross Profit is likely to drop slightly above 32.5 M in 2024. At this time, PennantPark Floating's Cash is comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 120.7 M in 2024, despite the fact that Other Current Liabilities is likely to grow to (16.7 M).
  
It's important to approach PennantPark Floating's 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 PennantPark Floating price targets

PennantPark Floating's stock target price is an estimate of its future price, usually made by analysts. Using PennantPark Floating's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at PennantPark Floating's 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 PennantPark Floating's 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 PennantPark Floating 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 PennantPark Floating is a key component of PennantPark Floating valuation and have some predictive power on the future returns of a PennantPark Floating.
Hype
Prediction
LowEstimatedHigh
10.2111.0511.89
Details
Intrinsic
Valuation
LowRealHigh
10.5011.3312.18
Details
Naive
Forecast
LowNextHigh
10.4611.3012.13
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.320.320.32
Details

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Additional Tools for PennantPark Stock Analysis

When running PennantPark Floating's price analysis, check to measure PennantPark Floating's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.