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.
Goldman Sachs BDC Inc (NYSE: GSBD) closed the day trading at $10.47 down -1.32% from the previous closing price of $10.61. In other words, the price has decreased by -$1.32 from its previous closing price. On the day, 0.72 million shares were traded. GSBD stock price reached its highest trading level at $10.68 during the session, while it also had its lowest trading level at $10.42.
Ratios:
For a better understanding of GSBD, let’s look at its different ratios.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on August 12, 2024, Upgraded its rating to Equal Weight and sets its target price to $12 from $14 previously.
On May 29, 2024, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight and also lowered its target price recommendation from $15 to $14.
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 Nov 22 ’24 when Lanza John sold 1,250 shares for $12.85 per share. The transaction valued at 16,062 led to the insider holds 0 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GSBD now has a Market Capitalization of 1228099584 and an Enterprise Value of 3095678976. As of this moment, Goldman’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.04, and their Forward P/E ratio for the next fiscal year is 6.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.83 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 7.127.
Stock Price History:
The Beta on a monthly basis for GSBD is 0.76, which has changed by -0.32798457 over the last 52 weeks, in comparison to a change of 0.092895746 over the same period for the S&P500. Over the past 52 weeks, GSBD has reached a high of $15.73, while it has fallen to a 52-week low of $9.51. The 50-Day Moving Average of the stock is -9.35%, while the 200-Day Moving Average is calculated to be -18.47%.
Shares Statistics:
Over the past 3-months, GSBD traded about 903.26K shares per day on average, while over the past 10 days, GSBD traded about 621740 shares per day. A total of 117.30M shares are outstanding, with a floating share count of 117.14M. Insiders hold about 0.12% of the company’s shares, while institutions hold 29.60% stake in the company. Shares short for GSBD as of 1744675200 were 2049330 with a Short Ratio of 2.27, compared to 1741910400 on 1429053. Therefore, it implies a Short% of Shares Outstanding of 2049330 and a Short% of Float of 1.7500000000000002.
Dividends & Splits
GSBD’s forward annual dividend rate is 1.65, up from 1.8 a year ago. Against a Trailing Annual Dividend Yield of 0.16965127The stock’s 5-year Average Dividend Yield is 11.48.
