Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of MidCap Financial Investment Corporation (NASDAQ: MFIC) was $13.75 for the day, down -3.51% from the previous closing price of $14.25. In other words, the price has decreased by -$3.51 from its previous closing price. On the day, 1.45 million shares were traded.
Ratios:
Our analysis of MFIC’s different ratios will help us gain a deeper understanding of the company.
On July 25, 2024, Compass Point Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $16.
Compass Point Downgraded its Buy to Neutral on June 10, 2024, whereas the target price for the stock was revised from $15.50 to $16.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 12 ’24 when PEARLMAN EMANUEL R bought 1,000 shares for $12.98 per share. The transaction valued at 12,980 led to the insider holds 1,000 shares of the business.
Valuation Measures:
As of this moment, MidCap’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.93, and their Forward P/E ratio for the next fiscal year is 8.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.42 while its Price-to-Book (P/B) ratio in mrq is 0.91.
Stock Price History:
Over the past 52 weeks, MFIC has reached a high of $16.12, while it has fallen to a 52-week low of $12.26. The 50-Day Moving Average of the stock is -0.36%, while the 200-Day Moving Average is calculated to be -2.36%.
Shares Statistics:
A total of 93.78M shares are outstanding, with a floating share count of 92.98M. Insiders hold about 0.85% of the company’s shares, while institutions hold 29.67% stake in the company.
Earnings Estimates
The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.39, with high estimates of $0.39 and low estimates of $0.39.
Analysts are recommending an EPS of between $1.66 and $1.54 for the fiscal current year, implying an average EPS of $1.61. EPS for the following year is $1.62, with 6.0 analysts recommending between $1.65 and $1.57.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $83.43M to a low estimate of $83.43M. As of the current estimate, MidCap Financial Investment Corporation’s year-ago sales were $68.33MFor the next quarter, 1 analysts are estimating revenue of $82.64M. There is a high estimate of $82.64M for the next quarter, whereas the lowest estimate is $82.64M.
A total of 1 analysts have provided revenue estimates for MFIC’s current fiscal year. The highest revenue estimate was $333.19M, while the lowest revenue estimate was $333.19M, resulting in an average revenue estimate of $333.19M. In the same quarter a year ago, actual revenue was $301.78MBased on 4 analysts’ estimates, the company’s revenue will be $362.71M in the next fiscal year. The high estimate is $384.4M and the low estimate is $343.13M.
