ALLEGIANCE BANCSHARES INC (ABTX) Forecast, Price Target & Analyst Ratings

Q: What is the average price target for ALLEGIANCE BANCSHARES INC (ABTX) stock?

10 analysts have analysed ABTX and the average price target is 48.96 USD. This implies a price increase of 17.61% is expected in the next year compared to the current price of 41.63.

Q: Can you provide the upcoming earnings date for ALLEGIANCE BANCSHARES INC?

ALLEGIANCE BANCSHARES INC (ABTX) will report earnings on 2022-10-27, before the market open.

NASDAQ:ABTX • US01748H1077

41.63 USD

-0.36 (-0.86%)

At close: Sep 30, 2022

41.63 USD

0 (0%)

After Hours: 9/30/2022, 8:05:08 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ALLEGIANCE BANCSHARES INC (ABTX).

Consensus Price Target

Price Target

$48.96

+ 17.61% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Oct 27, 2022
Period: Q3 / 2022
EPS Estimate: $0.27
Revenue Estimate: 74.686M

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

76.00%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

$48.96

Upside

+ 17.61%

From current price of $41.63 to mean target of $48.96, Based on 10 analyst forecasts

Low

$46.46

Median

$48.45

High

$53.55

Price Target Revisions

1 Month

N/A

3 Months

N/A

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for ABTX. The average price target is 48.96 USD. This implies a price increase of 17.61% is expected in the next year compared to the current price of 41.63.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

76.00%

ABTX was analyzed by 10 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about ABTX.

In the previous month the buy percentage consensus was at a similar level.

ABTX was analyzed by 10 analysts. More opinions would make the average more meaningful.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2022-08-01	Raymond James	Maintains	Outperform
2022-07-07	Raymond James	Upgrade	Market Perform -> Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date: Oct 27, 2022
Period: Q3 / 2022
EPS Estimate: $0.27
Revenue Estimate: 74.686M
Revenue Q2Q: 23.92%
EPS Q2Q: -71.48%
Number of Analysts: 6

Next Earnings Revisions

Revenue (1 Month)

N/A

Revenue (3 Months)

N/A

EPS (1 Month)

N/A

EPS (3 Months)

N/A

Next Earnings Summary

ABTX is expected to report earnings on 10/27/2022. The consensus EPS estimate for the next earnings is 0.27 USD and the consensus revenue estimate is 74.69M USD.

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2022 - 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

	2019	2020	2021	2022	2023	2024	2025
Revenue YoY % growth	192.9M 41.53%	210.9M 9.33%	237.2M 12.47%	304.776M 28.49%	436.05M 43.07%	573.836M 31.60%	770.264M 34.23%
EBITDA YoY % growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBIT YoY % growth	N/A 49.52%	N/A 14.91%	N/A 21.11%	136.68M 30.24%	214.914M 57.24%	302.863M 40.92%	435.339M 43.74%
Operating Margin	N/A	N/A	N/A	44.85%	49.29%	52.78%	56.52%
EPS YoY % growth	2.45 -2.00%	2.21 -9.80%	4.00 81.00%	2.48 -38.12%	2.90 17.03%	2.55 -12.13%	2.28 -10.37%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

	Q3 / 22	Q4 / 22	Q1 / 23	Q2 / 23	Q3 / 23	Q4 / 23
EPS Q2Q % growth	0.27 -71.48%	0.63 -40.66%	0.60 -33.87%	0.72 -9.48%	0.74 180.77%	0.74 18.38%
Revenue Q2Q % growth	74.686M 23.92%	106.748M 76.30%	107.508M 81.63%	109.956M 82.69%	110.874M 48.45%	111.384M 4.34%
EBITDA Q2Q % growth	N/A	N/A	N/A	N/A	N/A	N/A
EBIT Q2Q % growth	33.048M 24.05%	50.49M 94.31%	51.204M 127.15%	55.488M 129.21%	56.304M 70.37%	56.304M 11.52%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

-13.99%

EPS Next 5 Year

-13.10%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

33.15%

Revenue Next 5 Year

33.42%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ALLEGIANCE BANCSHARES INC / ABTX Forecast FAQ

What is the average price target for ALLEGIANCE BANCSHARES INC (ABTX) stock?

10 analysts have analysed ABTX and the average price target is 48.96 USD. This implies a price increase of 17.61% is expected in the next year compared to the current price of 41.63.

Can you provide the upcoming earnings date for ALLEGIANCE BANCSHARES INC?

ALLEGIANCE BANCSHARES INC (ABTX) will report earnings on 2022-10-27, before the market open.

What are the consensus estimates for ABTX stock next earnings?

The consensus EPS estimate for the next earnings of ALLEGIANCE BANCSHARES INC (ABTX) is 0.27 USD and the consensus revenue estimate is 74.69M USD.

What is the consensus rating for ALLEGIANCE BANCSHARES INC (ABTX) stock?

The consensus rating for ALLEGIANCE BANCSHARES INC (ABTX) is 76 / 100 . This indicates that analysts generally have a positive outlook on the stock.

Analyst forecast overview

Forecast Snapshot