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After finishing at $20.26 in the prior trading day, Sixth Street Specialty Lending Inc (NYSE: TSLX) closed at $19.79, down -2.32%. In other words, the price has decreased by -$2.32 from its previous closing price. On the day, 0.7 million shares were traded. TSLX stock price reached its highest trading level at $20.24 during the session, while it also had its lowest trading level at $19.74.
Ratios:
Our goal is to gain a better understanding of TSLX by taking a closer look at its different ratios.
On November 06, 2023, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $22.
On June 16, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $21.B. Riley Securities initiated its Buy rating on June 16, 2023, with a $21 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 07 ’24 when Graf Michael bought 500 shares for $20.45 per share. The transaction valued at 10,225 led to the insider holds 4,505 shares of the business.
Slotkin Judy S bought 7,015 shares of TSLX for $139,598 on Aug 05 ’24. The Director now owns 18,726 shares after completing the transaction at $19.90 per share. On May 21 ’24, another insider, Covington P Emery, who serves as the Director of the company, bought 7,500 shares for $21.50 each. As a result, the insider paid 161,280 and bolstered with 7,500 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TSLX now has a Market Capitalization of 1884528640 and an Enterprise Value of 3710670592. As of this moment, Sixth’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.35, and their Forward P/E ratio for the next fiscal year is 9.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.89 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 7.757.
Stock Price History:
Over the past 52 weeks, TSLX has reached a high of $22.14, while it has fallen to a 52-week low of $19.44. The 50-Day Moving Average of the stock is -4.19%, while the 200-Day Moving Average is calculated to be -5.92%.
Shares Statistics:
The stock has traded on average 281.67K shares per day over the past 3-months and 413330 shares per day over the last 10 days, according to various share statistics. A total of 93.02M shares are outstanding, with a floating share count of 92.08M. Insiders hold about 0.42% of the company’s shares, while institutions hold 50.26% stake in the company. Shares short for TSLX as of 1728950400 were 727875 with a Short Ratio of 2.58, compared to 1726185600 on 807251. Therefore, it implies a Short% of Shares Outstanding of 727875 and a Short% of Float of 0.8099999999999999.
Dividends & Splits
In the trailing 12 months, TSLX’s forward annual dividend rate was 0.54, compared to 1.83 this year. Against a Trailing Annual Dividend Yield of 0.026653506The stock’s 5-year Average Dividend Yield is 7.38.
