Market Insight: Goldman Sachs BDC Inc (GSBD)’s Notable Drop, Closing at 12.85

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In the latest session, Goldman Sachs BDC Inc (NYSE: GSBD) closed at $12.85 down -0.46% from its previous closing price of $12.91. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 0.79 million shares were traded. GSBD stock price reached its highest trading level at $12.9068 during the session, while it also had its lowest trading level at $12.755.

Ratios:

For a deeper understanding of Goldman Sachs BDC Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.95. In the meantime, Its Debt-to-Equity ratio is 1.22 whereas as Long-Term Debt/Eq ratio is at 1.22.

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.

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 1501869440 and an Enterprise Value of 3383843328. As of this moment, Goldman’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.23, and their Forward P/E ratio for the next fiscal year is 7.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.02 while its Price-to-Book (P/B) ratio in mrq is 0.94. Its current Enterprise Value per Revenue stands at 7.427.

Stock Price History:

Over the past 52 weeks, GSBD has reached a high of $15.94, while it has fallen to a 52-week low of $12.90. The 50-Day Moving Average of the stock is -7.04%, while the 200-Day Moving Average is calculated to be -13.27%.

Shares Statistics:

For the past three months, GSBD has traded an average of 641.93K shares per day and 641910 over the past ten days. A total of 116.88M shares are outstanding, with a floating share count of 116.73M. Insiders hold about 0.13% of the company’s shares, while institutions hold 30.54% stake in the company. Shares short for GSBD as of 1728950400 were 1601894 with a Short Ratio of 2.50, compared to 1726185600 on 1813342. Therefore, it implies a Short% of Shares Outstanding of 1601894 and a Short% of Float of 1.37.

Dividends & Splits

According to the company, the forward annual dividend rate for GSBD is 1.80, from 1.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.1394268The stock’s 5-year Average Dividend Yield is 11.05.

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