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.
In the latest session, Hercules Capital Inc (NYSE: HTGC) closed at $18.46 down -3.30% from its previous closing price of $19.09. In other words, the price has decreased by -$3.30 from its previous closing price. On the day, 3.83 million shares were traded.
Ratios:
For a deeper understanding of Hercules Capital Inc’s stock, let’s take a closer look at its various 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, Keefe Bruyette on December 12, 2024, Upgraded its rating to Outperform and sets its target price to $21.50 from $19.50 previously.
On January 16, 2024, Compass Point Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $17 to $17.50.
On November 21, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $17.UBS initiated its Neutral rating on November 21, 2023, with a $17 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 26 ’24 when Bluestein Scott sold 100,000 shares for $19.59 per share. The transaction valued at 1,958,640 led to the insider holds 2,161,207 shares of the business.
SCOTT BLUESTEIN bought 100,000 shares of HTGC for $1,954,000 on Sep 26 ’24. On Aug 06 ’24, another insider, Theodosopoulos Nikos, who serves as the Director of the company, bought 1,608 shares for $18.03 each. As a result, the insider paid 28,997 and bolstered with 5,613 shares of the company.
Valuation Measures:
As of this moment, Hercules’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.47, and their Forward P/E ratio for the next fiscal year is 9.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.48 while its Price-to-Book (P/B) ratio in mrq is 1.56.
Stock Price History:
Over the past 52 weeks, HTGC has reached a high of $21.97, while it has fallen to a 52-week low of $16.75. The 50-Day Moving Average of the stock is -9.94%, while the 200-Day Moving Average is calculated to be -6.37%.
Shares Statistics:
A total of 173.15M shares are outstanding, with a floating share count of 169.33M. Insiders hold about 2.05% of the company’s shares, while institutions hold 28.94% stake in the company.
Earnings Estimates
The performance of Hercules Capital Inc (HTGC) in the stock market is under the watchful eye of 9.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is $0.49, with high estimates of $0.51 and low estimates of $0.47.
Analysts are recommending an EPS of between $2.04 and $1.88 for the fiscal current year, implying an average EPS of $1.96. EPS for the following year is $2.03, with 9.0 analysts recommending between $2.09 and $1.95.
Revenue Estimates
A total of 8 analysts believe the company’s revenue will be $125.43M this quarter.It ranges from a high estimate of $132.4M to a low estimate of $118.7M. As of the current estimate, Hercules Capital Inc’s year-ago sales were $121.55MFor the next quarter, 8 analysts are estimating revenue of $131.91M. There is a high estimate of $136.49M for the next quarter, whereas the lowest estimate is $127.5M.
A total of 8 analysts have provided revenue estimates for HTGC’s current fiscal year. The highest revenue estimate was $553.52M, while the lowest revenue estimate was $519.28M, resulting in an average revenue estimate of $533.54M. In the same quarter a year ago, actual revenue was $493.59MBased on 8 analysts’ estimates, the company’s revenue will be $580.12M in the next fiscal year. The high estimate is $608.41M and the low estimate is $562.3M.
