Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
After finishing at $10.03 in the prior trading day, BlackRock TCP Capital Corp. (NASDAQ: TCPC) closed at $10.02, down -0.10%. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 0.86 million shares were traded. TCPC stock price reached its highest trading level at $10.06 during the session, while it also had its lowest trading level at $9.91.
Ratios:
Our goal is to gain a better understanding of TCPC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.27. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.43.
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, Oppenheimer on March 06, 2024, Downgraded its rating to Perform and sets its target price to $11 from $13 previously.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TCPC now has a Market Capitalization of 857622912 and an Enterprise Value of 1451786624. As of this moment, BlackRock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.05, and their Forward P/E ratio for the next fiscal year is 6.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.10 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 6.935.
Stock Price History:
Over the past 52 weeks, TCPC has reached a high of $12.64, while it has fallen to a 52-week low of $9.34. The 50-Day Moving Average of the stock is -4.37%, while the 200-Day Moving Average is calculated to be -10.69%.
Shares Statistics:
The stock has traded on average 486.93K shares per day over the past 3-months and 447610 shares per day over the last 10 days, according to various share statistics. A total of 85.59M shares are outstanding, with a floating share count of 85.36M. Insiders hold about 0.27% of the company’s shares, while institutions hold 27.50% stake in the company. Shares short for TCPC as of 1711584000 were 833496 with a Short Ratio of 1.71, compared to 1709164800 on 1653698. Therefore, it implies a Short% of Shares Outstanding of 833496 and a Short% of Float of 0.98.
Dividends & Splits
In the trailing 12 months, TCPC’s forward annual dividend rate was 1.34, compared to 1.34 this year. Against a Trailing Annual Dividend Yield of 0.1335992The stock’s 5-year Average Dividend Yield is 10.94.
