Main Street Stock Target Price and Analyst Consensus

MAIN Stock  USD 50.23  0.03  0.06%   
The current analyst and expert consensus on Main Street is Buy with 5 hold recommendations. The current projected Main Street target price consensus is 44.00 with 6 analyst opinions. One of the most common ways Main Street Capital analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Main Street vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Main Street. We strongly encourage you to use your own analysis of Main Street Capital to validate this buy or sell advice. Main Street recommendation module provides expert sentiment on the projected Main Street Capital target price to derive its highest and lowest estimates based on target price standard deviation. Check out Macroaxis Advice on Main Street to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
40.04
Highest Forecast
48.84
Target Price
44
At this time, Main Street's Gross Profit is very stable compared to the past year. As of the 30th of September 2024, Operating Profit Margin is likely to grow to 1.45, while Pretax Profit Margin is likely to drop 0.95. At this time, Main Street's Retained Earnings are very stable compared to the past year. As of the 30th of September 2024, Accounts Payable is likely to grow to about 105 M, while Common Stock Shares Outstanding is likely to drop about 44.3 M.
  
It's important to approach Main Street's 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.

Main Street Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Main target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Main Street's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   6  Buy
Most Main analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Main stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Main Street Capital, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Main Street Target Price Projection

Main Street's current and average target prices are 50.23 and 44.00, respectively. The current price of Main Street is the price at which Main Street Capital is currently trading. On the other hand, Main Street's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Main Street Market Quote on 30th of September 2024

Low Price50.17Odds
High Price50.62Odds

50.23

Target Price

Analyst Consensus On Main Street Target Price

Low Estimate40.04Odds
High Estimate48.84Odds

44.0

Historical Lowest Forecast  40.04 Target Price  44.0 Highest Forecast  48.84
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Main Street Capital and the information provided on this page.

Main Street Analyst Ratings

Main Street's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Main Street stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Main Street's financials, market performance, and future outlook by experienced professionals. Main Street's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

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 Main Street price targets

Main Street's stock target price is an estimate of its future price, usually made by analysts. Using Main Street's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Main Street's 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 Main Street's 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 Main Street 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 Main Street is a key component of Main Street valuation and have some predictive power on the future returns of a Main Street.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Main Street's 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
49.0950.2351.37
Details
Intrinsic
Valuation
LowRealHigh
45.6146.7555.25
Details
Naive
Forecast
LowNextHigh
49.1950.3351.47
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.011.011.03
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Main Street. Your research has to be compared to or analyzed against Main Street's peers to derive any actionable benefits. When done correctly, Main Street's 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 Main Street Capital.

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Additional Information and Resources on Investing in Main Stock

When determining whether Main Street Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Main Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Main Street Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Main Street Capital Stock:
Check out Macroaxis Advice on Main Street to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.