Cathay General Bancorp (CATY) Stock Forecast & Price Target
Cathay General Bancorp · NASDAQ
$63.52+0.95 (+1.53%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering Cathay General Bancorp, 0 rate it Buy or better, 2 sit at Hold, and 1 rate it Sell or worse, a moderate sell consensus. Targets span $47.00 to $67.00, a moderate spread. The average target of $55.33 sits 13% below the current $63.52. The rating mix has stayed broadly stable, with Buy-side ratings easing from 1 to 0 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.45 next quarter toward $5.89 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Moderate Sell
Strong Buy00%
Buy00%
Hold267%
Sell133%
Strong Sell00%
Based on 3 analysts giving stock ratings to Cathay General Bancorp.
As of Jul, 0 of 3 firms rate CATY a Buy (2 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
CATY EPS & revenue forecast
EPS · NEXT QUARTER
$1.45
Range $1.41 – $1.48 · 4 analysts · +9% YoY
Next period, 4 analysts expect Cathay General Bancorp to earn $1.45 a share (range $1.41 – $1.48), versus $1.33 a year earlier. Full-year consensus is $5.55, growing to $5.89 the year after.
REVENUE · NEXT QUARTER
$228.0M
Range $226.0M – $230.3M · 4 analysts · +2% YoY
Revenue is expected to reach $228.0M (range $226.0M – $230.3M), +2.3% year-over-year. Full-year consensus is $888.4M, rising to $927.6M 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 #26
Hold
$56.00-11.8% to target
Overall win rate
56%
+ Follow
#2
Matthew Clark
Piper Sandler · Rank #45
Sell
$47.00-26.0% to target
Overall win rate
50%
+ Follow
#3
AT
Andrew Terrell
Stephens & Co. · Rank #93
Hold
$50.00-21.3% to target
Overall win rate
44%
+ Follow
#4
Christopher McGratty
Keefe, Bruyette & Woods
Hold
$67.00+5.5% to target
Coverage
—
+ Follow
#5
KM
Kelly Motta
Keefe, Bruyette & Woods
Hold
$58.00-8.7% to target
Coverage
—
+ Follow
CATY stock forecast FAQ
What is CATY's average 12-month price target?+
The 3 analysts with a live target average $55.33 for Cathay General Bancorp over the next 12 months, ranging from a $67.00 high to a $47.00 low.
Is CATY stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Sell. Of the 3 analyst ratings, 0 are Buy or Strong Buy, 2 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 $47.00 (Piper Sandler). The average of all 3 active targets is $55.33.
How many Wall Street analysts cover CATY?+
3 analysts have an active rating on Cathay General Bancorp, and 3 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 #26). Their current call is Hold with a $56.00 target.
What is Cathay General Bancorp's projected EPS for next quarter?+
The consensus estimate is $1.45 per share (range $1.41 – $1.48) across 4 analysts. Full-year EPS is projected at $5.55, rising to $5.89 the following year.
How much revenue is Cathay General Bancorp expected to report next quarter?+
Consensus revenue is $228.0M (range $226.0M – $230.3M). Full-year revenue is projected at $888.4M, growing to $927.6M next year.
Have analysts been upgrading or downgrading CATY lately?+
As of Jul, 0 of 3 firms rate CATY a Buy (2 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.
