BTIG’s analyst Vincent Caintic has revised the price target for Atlanticus Holdings (ATLC, Financial) from $90 to $84 while maintaining a Buy rating on the stock. This adjustment follows the company's recent earnings announcement. The change reflects the costs associated with fueling Atlanticus's growth trajectory. Despite the revision, the analyst emphasizes that Atlanticus continues to perform robustly, and its strategy to expand its presence in the credit card market remains strong.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Atlanticus Holdings Corp (ATLC, Financial) is $68.14 with a high estimate of $84.00 and a low estimate of $52.00. The average target implies an upside of 24.19% from the current price of $54.87. More detailed estimate data can be found on the Atlanticus Holdings Corp (ATLC) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Atlanticus Holdings Corp's (ATLC, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Atlanticus Holdings Corp (ATLC, Financial) in one year is $32.83, suggesting a downside of 40.17% from the current price of $54.87. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Atlanticus Holdings Corp (ATLC) Summary page.