First Merchants Stock Target Price and Analyst Consensus

FRME Stock  USD 35.05  0.33  0.95%   
The current analyst and expert consensus on First Merchants is Strong Buy, with 2 strong buy opinions. The current projected First Merchants target price consensus is 36.33 with 5 analyst opinions. The most common way First Merchants analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview First Merchants executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on First Merchants. We strongly encourage you to use your own analysis of First Merchants to validate this buy or sell advice. First Merchants buy-or-sell recommendation module provides average expert sentiment on the projected First Merchants target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on First Merchants to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
Lowest Forecast
33.06
Highest Forecast
40.33
Target Price
36.33
At present, First Merchants' Pretax Profit Margin is projected to increase slightly based on the last few years of reporting. At present, First Merchants' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 1.1 B, whereas Total Current Assets are forecasted to decline to about 713.6 M.
  
It's important to approach First Merchants' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize First Merchants price targets

First Merchants' stock target price is an estimate of its future price, usually made by analysts. Using First Merchants' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at First Merchants' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if First Merchants' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional First Merchants Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of First Merchants is a key component of First Merchants valuation and have some predictive power on the future returns of a First Merchants.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Merchants' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
32.8934.7236.55
Details
Intrinsic
Valuation
LowRealHigh
32.4234.2436.07
Details
Naive
Forecast
LowNextHigh
32.8434.6736.50
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.810.820.84
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Merchants. Your research has to be compared to or analyzed against First Merchants' peers to derive any actionable benefits. When done correctly, First Merchants' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in First Merchants.

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When determining whether First Merchants is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Merchants Stock. Highlighted below are key reports to facilitate an investment decision about First Merchants Stock:
Check out Macroaxis Advice on First Merchants to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running First Merchants' price analysis, check to measure First Merchants' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.
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The data published in First Merchants' official financial statements usually reflect First Merchants' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of First Merchants. For example, before you start analyzing numbers published by First accountants, it's critical to develop an understanding of what First Merchants' liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of First Merchants' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Merchants' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in First Merchants' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Merchants. Please utilize our Beneish M Score to check the likelihood of First Merchants' management manipulating its earnings.