Financial Metrics Unveiled: PennantPark Floating Rate Capital Ltd (PFLT)’s Key Ratios in the Spotlight

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The price of PennantPark Floating Rate Capital Ltd (NYSE: PFLT) closed at $11.40 in the last session, down -0.35% from day before closing price of $11.44. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 0.74 million shares were traded. PFLT stock price reached its highest trading level at $11.465 during the session, while it also had its lowest trading level at $11.34.

Ratios:

We take a closer look at PFLT’s different ratios to gain a better understanding of the stock.

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 this company, UBS on June 08, 2023, initiated with a Neutral rating and assigned the stock a target price of $11.

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 763370176 and an Enterprise Value of 1496918784. As of this moment, PennantPark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.40, and their Forward P/E ratio for the next fiscal year is 9.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 9.61.

Stock Price History:

The Beta on a monthly basis for PFLT is 1.64, which has changed by 0.047794104 over the last 52 weeks, in comparison to a change of 0.26159418 over the same period for the S&P500. Over the past 52 weeks, PFLT has reached a high of $12.63, while it has fallen to a 52-week low of $9.69. The 50-Day Moving Average of the stock is 0.64%, while the 200-Day Moving Average is calculated to be 2.36%.

Shares Statistics:

According to the various share statistics, PFLT traded on average about 687.39K shares per day over the past 3-months and 1114590 shares per day over the past 10 days. A total of 66.73M shares are outstanding, with a floating share count of 65.91M. Insiders hold about 1.23% of the company’s shares, while institutions hold 20.17% stake in the company. Shares short for PFLT as of 1714435200 were 963071 with a Short Ratio of 1.40, compared to 1711584000 on 551783. Therefore, it implies a Short% of Shares Outstanding of 963071 and a Short% of Float of 1.54.

Dividends & Splits

The forward annual dividend rate for PFLT is 1.23, which was 0.61 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.053803753The stock’s 5-year Average Dividend Yield is 10.53.

Earnings Estimates

The dynamic stock of PennantPark Floating Rate Capital Ltd (PFLT) is currently attracting attention from 7.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $0.32 for the current quarter, with a high estimate of $0.34 and a low estimate of $0.31, while EPS last year was $0.36. The consensus estimate for the next quarter is $0.32, with high estimates of $0.34 and low estimates of $0.31.

Analysts are recommending an EPS of between $1.34 and $1.27 for the fiscal current year, implying an average EPS of $1.3. EPS for the following year is $1.27, with 7.0 analysts recommending between $1.35 and $1.23.

Revenue Estimates

For the next quarter, 5 analysts are estimating revenue of $44.61M. There is a high estimate of $49.42M for the next quarter, whereas the lowest estimate is $36.3M.

A total of 2 analysts have provided revenue estimates for PFLT’s current fiscal year. The highest revenue estimate was $156.62M, while the lowest revenue estimate was $143.2M, resulting in an average revenue estimate of $149.91M. In the same quarter a year ago, actual revenue was $111.11MBased on 5 analysts’ estimates, the company’s revenue will be $183.4M in the next fiscal year. The high estimate is $203.93M and the low estimate is $145.4M.

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