From what 3 stock analysts predict, the share price for CB Financial Services Inc (CBFV) might decrease by 10.02% in the next year. This is based on a 12-month average estimation for CBFV. Price targets go from $27 to $30. The majority of stock analysts believe CBFV is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
CBFV is a stock in Financial Services which has been forecasted to be worth $29 as an average. On the higher end, the forecast price is $30 USD by from and on the lower end CBFV is forecasted to be $27 by from DA Davidson.
These are the latest 20 analyst ratings of CBFV.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Manuel Navas DA Davidson | Neutral | $27 | Maintains | Oct 29, 2024 |
Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $25 | Reiterates | Jul 29, 2024 |
Timothy Switzer Keefe, Bruyette & Woods | Market Perform | $24 | Reiterates | May 2, 2024 |
Manuel Navas DA Davidson | Neutral | $24 | Reiterates | Feb 5, 2024 |
Daniel Cardenas Janney Montgomery Scott | Neutral | $25 | Initiates | Dec 8, 2023 |
Michael Perito Keefe, Bruyette & Woods | Market Perform | $25 | Downgrade | Aug 16, 2023 |
Michael Perito Keefe, Bruyette & Woods | Outperform | $25 | Maintains | Apr 6, 2023 |
Russell Gunther DA Davidson | Neutral | $20 | Downgrade | Jan 4, 2021 |
DA Davidson | Buy | $27 | Maintains | May 6, 2020 |
DA Davidson | Buy | Initiates | Mar 6, 2017 | |
Keefe Bruyette & Woods | Market Perform | Downgrade | Nov 29, 2016 | |
Keefe, Bruyette & Woods | Market Perform | Downgrade | Nov 29, 2016 | |
Keefe Bruyette & Woods | Outperform | Initiates | Aug 20, 2015 | |
Keefe, Bruyette & Woods | Outperform | Initiates | Aug 20, 2015 |
When did it IPO
1995
Staff Count
159
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. John H. Montgomery
Market Cap
$165.1M
In 2023, CBFV generated $42.4M in revenue, which was a decrease of -15.22% from the previous year. This can be seen as a signal that CBFV's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - CB Financial Services reported Q3 2024 net income of $3.22M, up from $2.65M in Q2 2024 and $2.67M in Q3 2023. Year-to-date net income stands at $10.07M compared to $10.07M last year.
Why It Matters - CB Financial Services' Q3 earnings show a significant year-over-year net income increase, indicating improved profitability, which could positively influence stock performance and investor sentiment.
Summary - CB Financial Services (CBFV) reported Q3 earnings of $0.55 per share, exceeding the Zacks Consensus Estimate of $0.51, and up from $0.52 per share year-over-year.
Why It Matters - CB Financial Services' earnings beat expectations, indicating strong performance and potential growth, which may positively influence stock prices and investor confidence.
Summary - CB Financial Services (CBFV) is not expected to meet key factors for a potential earnings beat in its upcoming report, indicating possible underperformance.
Why It Matters - CB Financial Services may underperform in its upcoming earnings report, signaling potential stock volatility and affecting investor sentiment and confidence.
Summary - CB Financial Services (CBFV) saw a rise in share price with above-average trading volume, but earnings estimate revisions indicate potential weakness ahead.
Why It Matters - CB Financial Services' share price surge indicates short-term momentum, but stagnant earnings revisions may signal potential weakness ahead, affecting long-term investment outlook.
Summary - CB Financial Services, Inc. reported Q2 2024 net income of $2.65M, down from $4.2M in Q1 2024. Year-to-date net income is $6.85M compared to $6.85M in H1 2023.
Why It Matters - CB Financial's declining net income signals potential challenges in profitability, impacting investor confidence and stock valuation. Early indicators suggest a need for strategic adjustments.
Summary - CB Financial Services (CBFV) reported quarterly earnings of $0.52 per share, matching estimates but down from $0.54 per share year-over-year.
Why It Matters - CB Financial Services' earnings match expectations but show a year-over-year decline, indicating potential concerns about growth and profitability that could affect stock performance.