From what 3 stock analysts predict, the share price for LINKBANCORP Inc (LNKB) might increase by 3.07% in the next year. This is based on a 12-month average estimation for LNKB. Price targets go from $7.5 to $8.5. The majority of stock analysts believe LNKB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 3 Wall Street analysts have assigned LNKB 1 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect LINKBANCORP Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LNKB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of LNKB.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Matt Breese Stephens & Co. | Equal-Weight | $7.5 | Reiterates | May 13, 2024 |
Stephens & Co. | Equal-Weight | Maintains | Dec 22, 2023 | |
Matt Breese Stephens & Co. | Equal-Weight | $7 | Maintains | Aug 8, 2023 |
Justin Crowley Piper Sandler | Neutral | $8.5 | Downgrade | Feb 6, 2023 |
Matt Breese Stephens & Co. | Equal-Weight | $8.5 | Downgrade | Nov 7, 2022 |
Manuel Navas DA Davidson | Buy | $9 | Initiates | Oct 10, 2022 |
When did it IPO
2020
Staff Count
342
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Andrew S. Samuel
Market Cap
$283.3M
In 2023, LNKB generated $39.8M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that LNKB's business is growing, and its share price could be worth more 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 - LINKBANCORP, Inc. reported record Q3 2024 net income of $7.1 million ($0.19/share), up from $5.8 million ($0.16/share) in Q2 2024, indicating continued growth.
Why It Matters - LINKBANCORP's record net income indicates strong financial performance and growth, potentially boosting investor confidence and stock value. Positive earnings can attract more investment.
Summary - LINKBANCORP, Inc. (LNKB) reported quarterly earnings of $0.19 per share, matching the Zacks Consensus Estimate, and up from $0.11 per share year-over-year.
Why It Matters - LINKBANCORP's earnings meeting expectations and showing year-over-year growth signals stability and improving profitability, potentially boosting investor confidence and stock performance.
Summary - LINKBANCORP, Inc. reported a net income of $5.8 million, or $0.16 per diluted share, for Q2 2024, ending June 30.
Why It Matters - LINKBANCORP's net income of $5.8 million indicates financial stability and growth potential, influencing stock performance and investor confidence.
Summary - LINKBANCORP, Inc. (LNKB) reported Q3 earnings of $0.17 per share, below the Zacks estimate of $0.18. This is an increase from $0.10 per share in the same quarter last year.
Why It Matters - LINKBANCORP's earnings miss signals potential challenges in growth or profitability, which may affect investor confidence and stock performance. Year-over-year improvement is notable but insufficient.
Summary - Vaalco Energy, Yiren Digital, and Linkbancorp have shown significant profit growth, making them notable cheap stock options in the market today.
Why It Matters - Surging profits in Vaalco Energy, Yiren Digital, and Linkbancorp could signal strong performance potential, attracting investor interest and possibly driving stock prices higher.
Summary - LINKBANCORP's subsidiary, LINKBANK, has agreed to be acquired by American Heritage Federal Credit Union, including its banking operations and three New Jersey branches.
Why It Matters - LINKBANCORP's sale of LINKBANK may indicate a strategic shift, impacting its financial health and market position, which could influence stock performance and investor sentiment.