Can you provide the average price target for PACWEST BANCORP stock?
14 analysts have analysed PACW and the average price target is 10.67 USD. This implies a price increase of 41.54% is expected in the next year compared to the current price of 7.54.
PACWEST BANCORP (PACW) Forecast, Price Target & Analyst Ratings
NASDAQ:PACW • US6952631033
Current stock price
7.54 USD
-0.21 (-2.71%)
At close:
7.6 USD
+0.06 (+0.8%)
After Hours:
Analyst forecast overview
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for PACWEST BANCORP (PACW).
Forecast Snapshot
Next Earnings Forecast
Earnings Estimate- Release Date
- Jan 24, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$0.11
- Revenue Estimate
- 182.07M
Price Target Details & History
Consensus Price Target and Range
Mean target
$10.67
Upside
+ 41.54%
From current price of $7.54 to mean target of $10.67, Based on 14 analyst forecasts
Low
$8.08
Median
$9.28
High
$14.70
Price Target Revisions
1 Month
2.45%
3 Months
-9.51%
Price Target Summary
14 Wall Street analysts provided a forecast for the next 12 months for PACW. The average price target is 10.67 USD. This implies a price increase of 41.54% is expected in the next year compared to the current price of 7.54.
The average price target has been revised downward by 9.51% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
74.29%
PACW was analyzed by 14 analysts. The buy percentage consensus is at 74. So analysts seem to be have mildly positive about PACW.
In the previous month the buy percentage consensus was at a similar level.
PACW was analyzed by 14 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2023-10-25 | Wedbush | Maintains | Neutral -> Neutral |
| 2023-10-04 | Wells Fargo | Maintains | Equal-Weight -> Equal-Weight |
| 2023-09-27 | Truist Securities | Maintains | Hold -> Hold |
| 2023-07-26 | Wedbush | Maintains | Neutral -> Neutral |
| 2023-06-29 | Truist Securities | Maintains | Hold -> Hold |
| 2023-06-27 | Truist Securities | Reiterate | Hold -> Hold |
| 2023-06-08 | Odeon Capital | Initiate | Hold |
| 2023-05-23 | DA Davidson | Maintains | Neutral -> Neutral |
| 2023-05-04 | DA Davidson | Downgrade | Buy -> Neutral |
| 2023-04-27 | RBC Capital | Maintains | Outperform |
| 2023-04-26 | Wedbush | Maintains | Neutral |
| 2023-04-06 | Keefe, Bruyette & Woods | Maintains | Market Perform |
| 2023-04-05 | Wells Fargo | Maintains | Equal-Weight |
| 2023-03-23 | Truist Securities | Maintains | Hold |
| 2023-03-13 | DA Davidson | Upgrade | Neutral -> Buy |
| 2023-03-13 | Stephens & Co. | Reiterate | Overweight |
| 2023-03-13 | Wedbush | Reiterate | Neutral |
| 2023-02-01 | Truist Securities | Maintains | Hold |
| 2023-01-30 | Wells Fargo | Maintains | Equal-Weight |
| 2022-12-15 | Wells Fargo | Downgrade | Overweight -> Equal-Weight |
| 2022-12-09 | Truist Securities | Downgrade | Buy -> Hold |
| 2022-10-27 | Stephens & Co. | Maintains | Overweight |
| 2022-10-21 | RBC Capital | Maintains | Outperform |
| 2022-10-21 | Wells Fargo | Maintains | Overweight |
| 2022-10-06 | DA Davidson | Downgrade | Buy -> Neutral |
Next Earnings Forecast Details
Next Earnings Details
- Release Date
- Jan 24, 2024
- Period
- Q4 / 2023
- EPS Estimate
- -$0.11
- Revenue Estimate
- 182.07M
- Revenue Q2Q
- -40.11%
- EPS Q2Q
- -121.42%
- Number of Analysts
- 11
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
1.24%
EPS (1 Month)
0.00%
EPS (3 Months)
25.78%
Next Earnings Summary
PACW is expected to report earnings on 1/24/2024. The consensus EPS estimate for the next earnings is -0.11 USD and the consensus revenue estimate is 182.07M USD.
The next earnings revenue estimate has been revised upward by 1.24% in the past 3 months.
Full Analyst Estimates 2023 - 2025
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.161B 0.30% | 1.298B 11.80% | 1.366B 5.23% | 799.49M -41.45% | 985.54M 23.27% | 850M -13.75% | |
| EBITDA YoY % growth | N/A | N/A | N/A | N/A | N/A | N/A | |
| EBIT YoY % growth | N/A -1.99% | N/A 2.24% | N/A 9.18% | 215.22M -70.38% | 233.24M 8.37% | 97.002M -58.41% | |
| Operating Margin | N/A | N/A | N/A | 26.92% | 23.67% | 11.41% | |
| EPS YoY % growth | 1.96 -47.87% | 5.10 160.20% | 3.56 -30.16% | 0.44 -87.54% | 0.80 81.28% | 0.54 -33.42% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 23 | Q1 / 24 | Q2 / 24 | Q3 / 24 | Q4 / 24 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | -0.11 -121.42% | 0.03 -94.85% | 0.09 -58.27% | 0.14 144.97% | 0.26 339.20% |
| Revenue Q2Q % growth | 182.07M -40.11% | 180.59M -42.79% | 193.05M 232.88% | 198.22M -6.10% | 255.28M 40.21% |
| EBITDA Q2Q % growth | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | -12.903M -106.77% | 5.202M -95.73% | 22.406M 196.32% | 32.062M -15.20% | 60.333M 567.59% |
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
-46.83%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-16.73%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
PACWEST BANCORP / PACW Forecast FAQ
When does PACWEST BANCORP (PACW) report earnings?
PACWEST BANCORP (PACW) will report earnings on 2024-01-24, after the market close.
What are the consensus estimates for PACWEST BANCORP (PACW) next earnings?
The consensus EPS estimate for the next earnings of PACWEST BANCORP (PACW) is -0.11 USD and the consensus revenue estimate is 182.07M USD.
What is the expected long term growth rate for PACWEST BANCORP (PACW)?
The expected long term growth rate for PACWEST BANCORP (PACW) is -16.73%.