Cathay General Bancorp (CATY) Stock Forecast & Price Target
Cathay General Bancorp · NASDAQ
$61.36-0.50 (-0.81%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 4 firms covering Cathay General Bancorp, 0 rate it Buy or better, 3 sit at Hold, and 1 rate it Sell or worse, a moderate sell consensus. Targets are tightly clustered, $53.00 to $67.00, so the covering firms are broadly aligned. The average target of $62.25 sits 1% above the current $61.36. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.44 next quarter toward $5.93 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS4 ratings
Moderate Sell
Strong Buy00%
Buy00%
Hold375%
Sell125%
Strong Sell00%
Based on 4 analysts giving stock ratings to Cathay General Bancorp.
As of Sep, 0 of 4 firms rate CATY a Buy (3 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
CATY EPS & revenue forecast
EPS · NEXT QUARTER
$1.44
Range $1.34 – $1.48 · 5 analysts · +8% YoY
Next period, 5 analysts expect Cathay General Bancorp to earn $1.44 a share (range $1.34 – $1.48), versus $1.33 a year earlier. Full-year consensus is $5.53, growing to $5.93 the year after.
REVENUE · NEXT QUARTER
$229.1M
Range $226.6M – $231.1M · 5 analysts · +3% YoY
Revenue is expected to reach $229.1M (range $226.6M – $231.1M), +2.8% year-over-year. Full-year consensus is $891.2M, rising to $931.6M next year.
Top analysts covering Cathay General Bancorp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on CATY.
#1
Gary Tenner
DA Davidson · Rank #30
Hold
$66.00+7.6% to target
Overall win rate
60%
+ Follow
#2
Matthew Clark
Piper Sandler · Rank #43
Sell
$53.00-13.6% to target
Overall win rate
56%
+ Follow
#3
AT
Andrew Terrell
Stephens & Co. · Rank #112
Hold
$63.00+2.7% to target
Overall win rate
46%
+ Follow
#4
Christopher McGratty
Keefe, Bruyette & Woods
Hold
$67.00+9.2% to target
Coverage
—
+ Follow
#5
KM
Kelly Motta
Keefe, Bruyette & Woods
Hold
$58.00-5.5% to target
Coverage
—
+ Follow
CATY stock forecast FAQ
What is CATY's average 12-month price target?+
The 4 analysts with a live target average $62.25 for Cathay General Bancorp over the next 12 months, ranging from a $67.00 high to a $53.00 low.
Is CATY stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Sell. Of the 4 analyst ratings, 0 are Buy or Strong Buy, 3 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for CATY?+
The Street-high target is $67.00 (Keefe, Bruyette & Woods), and the Street-low is $53.00 (Piper Sandler). The average of all 4 active targets is $62.25.
How many Wall Street analysts cover CATY?+
4 analysts have an active rating on Cathay General Bancorp, and 4 firms carry a live 12-month price target.
Who is the most accurate analyst covering CATY?+
Among analysts who currently cover CATY, Gary Tenner of DA Davidson has the strongest overall Quantellect track record (Rank #30). Their current call is Hold with a $66.00 target.
What is Cathay General Bancorp's projected EPS for next quarter?+
The consensus estimate is $1.44 per share (range $1.34 – $1.48) across 5 analysts. Full-year EPS is projected at $5.53, rising to $5.93 the following year.
How much revenue is Cathay General Bancorp expected to report next quarter?+
Consensus revenue is $229.1M (range $226.6M – $231.1M). Full-year revenue is projected at $891.2M, growing to $931.6M next year.
Have analysts been upgrading or downgrading CATY lately?+
As of Sep, 0 of 4 firms rate CATY a Buy (3 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their CATY calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
