Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
PennantPark Floating Rate Capital Ltd (NYSE: PFLT) closed the day trading at $9.34 down -1.27% from the previous closing price of $9.46. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 1.21 million shares were traded. PFLT stock price reached its highest trading level at $9.51 during the session, while it also had its lowest trading level at $9.29.
Ratios:
For a better understanding of PFLT, let’s look at its different ratios.
Maxim Group Upgraded its Hold to Buy on August 12, 2024, while the target price for the stock was maintained at $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 21 ’25 when Briones Jose A bought 1,480 shares for $10.13 per share. The transaction valued at 14,995 led to the insider holds 330,918 shares of the business.
Briones Jose A bought 9,840 shares of PFLT for $99,925 on May 14 ’25. The Director now owns 329,438 shares after completing the transaction at $10.15 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PFLT now has a Market Capitalization of 926695168 and an Enterprise Value of 2215277056. As of this moment, PennantPark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.39, and their Forward P/E ratio for the next fiscal year is 7.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.74 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 8.934.
Stock Price History:
The Beta on a monthly basis for PFLT is 0.98, which has changed by -0.18285215 over the last 52 weeks, in comparison to a change of 0.15535986 over the same period for the S&P500. Over the past 52 weeks, PFLT has reached a high of $11.90, while it has fallen to a 52-week low of $8.82. The 50-Day Moving Average of the stock is -9.02%, while the 200-Day Moving Average is calculated to be -11.56%.
Shares Statistics:
Over the past 3-months, PFLT traded about 839.93K shares per day on average, while over the past 10 days, PFLT traded about 1275220 shares per day. A total of 99.22M shares are outstanding, with a floating share count of 98.35M. Insiders hold about 0.86% of the company’s shares, while institutions hold 22.59% stake in the company. Shares short for PFLT as of 1756425600 were 994619 with a Short Ratio of 1.18, compared to 1753920000 on 943654. Therefore, it implies a Short% of Shares Outstanding of 994619 and a Short% of Float of 1.01.
Dividends & Splits
PFLT’s forward annual dividend rate is 1.22, up from 1.23 a year ago. Against a Trailing Annual Dividend Yield of 0.13002114. The stock’s 5-year Average Dividend Yield is 10.44.
Earnings Estimates
The market rating of PennantPark Floating Rate Capital Ltd (PFLT) is currently shaped by the ongoing analysis conducted by 8.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.29, with high estimates of $0.31 and low estimates of $0.27.
Analysts are recommending an EPS of between $1.2 and $1.15 for the fiscal current year, implying an average EPS of $1.18. EPS for the following year is $1.17, with 7.0 analysts recommending between $1.24 and $1.11.
Revenue Estimates
6 analysts predict $67.47M in revenue for. The current quarter. It ranges from a high estimate of $70.99M to a low estimate of $64.29M. As of. The current estimate, PennantPark Floating Rate Capital Ltd’s year-ago sales were $55.52MFor the next quarter, 6 analysts are estimating revenue of $70.35M. There is a high estimate of $74.61M for the next quarter, whereas the lowest estimate is $65.5M.
A total of 6 analysts have provided revenue estimates for PFLT’s current fiscal year. The highest revenue estimate was $261.4M, while the lowest revenue estimate was $256.74M, resulting in an average revenue estimate of $259.42M. In the same quarter a year ago, actual revenue was $186.35MBased on 6 analysts’ estimates, the company’s revenue will be $290.63M in the next fiscal year. The high estimate is $307.13M and the low estimate is $266.93M.
