AMERICA FIRST MULTIFAMILY IN (ATAX) Forecast, Price Target & Analyst Ratings

NASDAQ:ATAX • US02364V2060

Current stock price

18.6 USD
-0.45 (-2.39%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for AMERICA FIRST MULTIFAMILY IN (ATAX).

Forecast Snapshot

Consensus Price Target

Price Target
$21.76
+ 16.99% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Feb 22, 2023
Period
Q4 / 2022
EPS Estimate
$0.36
Revenue Estimate
22.324M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.22%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$21.76
Upside
+ 16.99%
From current price of $18.60 to mean target of $21.76, Based on 9 analyst forecasts
Low
$21.21
Median
$21.42
High
$23.10

Price Target Revisions

1 Month
0.00%
3 Months
N/A

Price Target Summary

9 Wall Street analysts provided a forecast for the next 12 months for ATAX. The average price target is 21.76 USD. This implies a price increase of 16.99% is expected in the next year compared to the current price of 18.6.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

ATAX Current Analyst RatingATAX Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

ATAX Historical Analyst RatingsATAX Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
82.22%
ATAX was analyzed by 9 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about ATAX.
In the previous month the buy percentage consensus was at a similar level.
ATAX was analyzed by 9 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-05-10Raymond JamesMaintains Outperform
2022-03-01JMP SecuritiesInitiate Market Outperform
2021-12-15Raymond JamesInitiate Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Feb 22, 2023
Period
Q4 / 2022
EPS Estimate
$0.36
Revenue Estimate
22.324M
Revenue Q2Q
11.75%
EPS Q2Q
9.21%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
1.39%
Revenue (3 Months)
N/A
EPS (1 Month)
-2.75%
EPS (3 Months)
N/A

Next Earnings Summary

ATAX is expected to report earnings on 2/22/2023. The consensus EPS estimate for the next earnings is 0.36 USD and the consensus revenue estimate is 22.32M 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
ATAX revenue by date.ATAX revenue by date.
78.46M
-11.15%		55.53M
-29.23%		68.452M
23.27%		79.101M
15.56%		91.813M
16.07%		95.872M
4.42%		97.744M
1.95%
EBITDA
YoY % growth
ATAX ebitda by date.ATAX ebitda by date.
33.71M
-25.21%		8.71M
-74.16%		25.39M
191.51%		N/AN/AN/AN/A
EBIT
YoY % growth
ATAX ebit by date.ATAX ebit by date.
30.62M
-26.23%		5.9M
-80.73%		22.657M
284.02%		N/AN/AN/AN/A
Operating Margin
ATAX operating margin by date.ATAX operating margin by date.
39.03%10.62%33.10%N/AN/AN/AN/A
EPS
YoY % growth
ATAX eps by date.ATAX eps by date.
N/A
-10.42%		0.24
-81.76%		1.56
550.00%		2.77
77.85%		1.50
-45.96%		1.70
13.64%		1.97
15.91%

All data in USD

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

Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23
EPS
Q2Q % growth		0.36
9.21%		0.43
-58.08%		0.33
-56.03%		0.32
-59.11%		0.36
Revenue
Q2Q % growth		22.324M
11.75%		23.033M
19.92%		23.748M
37.81%		24.056M
6.42%		24.46M
9.57%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/A

All data in USD

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

ATAX Yearly Revenue VS EstimatesATAX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M 80M
ATAX Yearly EPS VS EstimatesATAX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5 2 2.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
2.98%
EPS Next 5 Year
6.07%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
8.58%
Revenue Next 5 Year
6.89%

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

AMERICA FIRST MULTIFAMILY IN / ATAX Forecast FAQ

What is the average price target for AMERICA FIRST MULTIFAMILY IN (ATAX) stock?

9 analysts have analysed ATAX and the average price target is 21.76 USD. This implies a price increase of 16.99% is expected in the next year compared to the current price of 18.6.

When does AMERICA FIRST MULTIFAMILY IN (ATAX) report earnings?

AMERICA FIRST MULTIFAMILY IN (ATAX) will report earnings on 2023-02-22.

Can you provide the consensus estimates for AMERICA FIRST MULTIFAMILY IN next earnings?

The consensus EPS estimate for the next earnings of AMERICA FIRST MULTIFAMILY IN (ATAX) is 0.36 USD and the consensus revenue estimate is 22.32M USD.

What is the expected long term growth rate for ATAX stock?

The expected long term growth rate for AMERICA FIRST MULTIFAMILY IN (ATAX) is 8.58%.