DA Davidson Forecasts Strong Price Appreciation for QCR (NASDAQ:QCRH) Stock

Key Points

• DA Davidson raised the price target for QCR Holdings (NASDAQ:QCRH) from $80.00 to $87.00, indicating a potential upside of 15.28% from the last close.
• Four analysts have issued a buy rating on QCR, while one has given it a sell rating; the consensus target price is $86.25.
• QCR's recent earnings report revealed an EPS of $1.73, surpassing estimates and reflecting a return on equity of 11.86%.
• Insider activity showed CEO Larry J. Helling purchased 1,000 shares at around $64.53 each, boosting his ownership stake by 2.55%.

QCR (NASDAQ:QCRH - Get Free Report) had its price objective upped by analysts at DA Davidson from $80.00 to $87.00 in a report released on Friday,Benzinga reports. The firm presently has a "buy" rating on the bank's stock. DA Davidson's target price would suggest a potential upside of 19.77% from the company's current price. DA Davidson also issued estimates for QCR's Q3 2025 earnings at $1.80 EPS and FY2025 earnings at $6.85 EPS.

QCRH has been the subject of several other research reports. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and issued a $92.00 target price (up previously from $90.00) on shares of QCR in a research report on Friday. Piper Sandler cut their price objective on QCR from $98.00 to $88.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Wall Street Zen cut QCR from a "hold" rating to a "sell" rating in a research report on Saturday, June 28th. Finally, Raymond James Financial set a $78.00 price objective on QCR and gave the company an "outperform" rating in a research note on Thursday, April 24th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, QCR currently has a consensus rating of "Moderate Buy" and an average price target of $87.38.

QCR Stock Down 1.7%

QCRH traded down $1.28 on Friday, reaching $72.64. The company's stock had a trading volume of 114,593 shares, compared to its average volume of 121,654. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.98 and a quick ratio of 0.98. The business's 50 day moving average is $69.54 and its 200 day moving average is $71.35. QCR has a 1 year low of $60.83 and a 1 year high of $96.08. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 10.94 and a beta of 0.80.

QCR (NASDAQ:QCRH - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The bank reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.10. QCR had a return on equity of 11.86% and a net margin of 19.43%. The business had revenue of $84.20 million for the quarter, compared to the consensus estimate of $95.11 million. As a group, research analysts forecast that QCR will post 6.82 EPS for the current fiscal year.

Institutional Trading of QCR

Several hedge funds have recently added to or reduced their stakes in QCRH. Nuveen LLC acquired a new stake in QCR during the 1st quarter worth $14,618,000. First Trust Advisors LP raised its stake in QCR by 809.7% during the 4th quarter. First Trust Advisors LP now owns 92,686 shares of the bank's stock worth $7,474,000 after buying an additional 82,497 shares during the period. Millennium Management LLC raised its stake in QCR by 124.5% during the 1st quarter. Millennium Management LLC now owns 98,583 shares of the bank's stock worth $7,031,000 after buying an additional 54,678 shares during the period. Silvercrest Asset Management Group LLC raised its stake in QCR by 38.4% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 195,092 shares of the bank's stock worth $15,732,000 after buying an additional 54,161 shares during the period. Finally, Boothbay Fund Management LLC raised its stake in QCR by 62.5% during the 1st quarter. Boothbay Fund Management LLC now owns 136,140 shares of the bank's stock worth $9,710,000 after buying an additional 52,340 shares during the period. Institutional investors and hedge funds own 70.01% of the company's stock.

About QCR

QCR Holdings, Inc, a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company's deposit products include noninterest-bearing demand, interest-bearing demand, time, and brokered deposits. It also provides various commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals, and government agencies.