CALIFORNIA BANCORP INC (CALB) Forecast, Price Target & Analyst Ratings
NASDAQ:CALB • US13005U1016
25.09 USD
+0.26 (+1.05%)
At close: Jul 31, 2024
25.09 USD
0 (0%)
After Hours: 7/31/2024, 8:25:52 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CALIFORNIA BANCORP INC (CALB).
Forecast Snapshot
Consensus Price Target
$23.46
-6.50% Downside
Next Earnings Forecast
Release DateOct 24, 2024
PeriodQ3 / 2024
EPS Estimate$0.53
Revenue Estimate20.058M
ChartMill Buy Consensus
82.50%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$23.46
Upside
-6.50%
From current price of $25.09 to mean target of $23.46, Based on 8 analyst forecasts
Low
$23.23
Median
$23.46
High
$24.15
Price Target Revisions
1 Month
-10.00%
3 Months
-16.76%
Price Target Summary
8 Wall Street analysts provided a forecast for the next 12 months for CALB. The average price target is 23.46 USD. This implies a price decrease of -6.5% is expected in the next year compared to the current price of 25.09.
The average price target has been revised downward by 16.76% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.50%
CALB was analyzed by 8 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about CALB.
In the previous month the buy percentage consensus was at a similar level.
CALB was analyzed by 8 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-05-06 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2024-05-06 | Truist Securities | Reiterate | Overweight -> Overweight |
| 2024-05-01 | DA Davidson | Maintains | Buy -> Buy |
| 2024-04-05 | Keefe, Bruyette & Woods | Maintains | Outperform -> Outperform |
| 2023-11-01 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2023-08-02 | Keefe, Bruyette & Woods | Upgrade | Market Perform -> Outperform |
| 2023-07-31 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2023-06-21 | DA Davidson | Initiate | Buy |
| 2022-12-19 | Keefe, Bruyette & Woods | Initiate | Market Perform |
| 2022-07-12 | Piper Sandler | Initiate | Overweight |
Next Earnings Forecast Details
Next Earnings Details
Release DateOct 24, 2024
PeriodQ3 / 2024
EPS Estimate$0.53
Revenue Estimate20.058M
Revenue Q2Q0.94%
EPS Q2Q-16.41%
Number of Analysts4
Next Earnings Revisions
Revenue (1 Month)
0.11%
Revenue (3 Months)
-2.40%
EPS (1 Month)
-0.44%
EPS (3 Months)
-5.42%
Next Earnings Summary
CALB is expected to report earnings on 10/24/2024. The consensus EPS estimate for the next earnings is 0.53 USD and the consensus revenue estimate is 20.06M USD.
The next earnings revenue estimate has been revised downward by 2.4% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|
| Revenue YoY % growth | 58.9M 20.38% | 78.34M 33.01% | 79.43M 1.39% | 79.917M 0.61% | 82.569M 3.32% | |
| EBITDA YoY % growth | N/A | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | N/A 69.03% | N/A 57.07% | N/A 7.00% | 29.07M -11.21% | 28.05M -3.51% | |
| Operating Margin | N/A | N/A | N/A | 36.38% | 33.97% | |
| EPS YoY % growth | 1.61 143.94% | 2.52 56.52% | 2.56 1.59% | 2.05 -19.79% | 2.07 0.70% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.53 -16.41% | 0.55 -12.84% | 0.50 10.23% | 0.52 174.75% | 0.53 -1.11% | 0.56 1.49% |
| Revenue Q2Q % growth | 20.058M 0.94% | 20.483M 2.86% | 20.298M 4.52% | 20.553M 12.06% | 20.91M 4.25% | 21.57M 5.31% |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | 7.344M -8.28% | 7.446M -7.59% | 6.936M -6.85% | 6.936M -1.45% | 7.038M -4.17% | 7.14M -4.11% |
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
N/A
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
CALIFORNIA BANCORP INC / CALB Forecast FAQ
What is the price target for CALB stock?
8 analysts have analysed CALB and the average price target is 23.46 USD. This implies a price decrease of -6.5% is expected in the next year compared to the current price of 25.09.
Can you provide the upcoming earnings date for CALIFORNIA BANCORP INC?
CALIFORNIA BANCORP INC (CALB) will report earnings on 2024-10-24, after the market close.
Can you provide the consensus estimates for CALIFORNIA BANCORP INC next earnings?
The consensus EPS estimate for the next earnings of CALIFORNIA BANCORP INC (CALB) is 0.53 USD and the consensus revenue estimate is 20.06M USD.