The price of TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) closed at $9.53 in the last session, down -12.33% from day before closing price of $10.87. In other words, the price has decreased by -$1.34 from its previous closing price. On the day, 2400059 shares were traded.
Ratios:
We take a closer look at TPVG’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.96. In the meantime, Its Debt-to-Equity ratio is 1.61 whereas as Long-Term Debt/Eq ratio is at 1.61.
On March 07, 2024, Compass Point Downgraded its rating to Sell which previously was Neutral but kept the price unchanged to $8.75.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 18 ’23 when Fornelli Cynthia M. bought 1,000 shares for $10.47 per share. The transaction valued at 10,470 led to the insider holds 8,822 shares of the business.
Park Katherine J bought 2,480 shares of TPVG for $25,222 on Nov 09 ’23. The Director now owns 2,500 shares after completing the transaction at $10.17 per share. On Nov 08 ’23, another insider, Park Katherine J, who serves as the Director of the company, bought 20 shares for $10.15 each. As a result, the insider paid 203 and bolstered with 20 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, TPVG now has a Market Capitalization of 358.52M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.96 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at -38.07 whereas that against EBITDA is 9.23.
Stock Price History:
Over the past 52 weeks, TPVG has reached a high of $12.83, while it has fallen to a 52-week low of $9.13. The 50-Day Moving Average of the stock is 11.04, while the 200-Day Moving Average is calculated to be 10.94.
Shares Statistics:
According to the various share statistics, TPVG traded on average about 250.06K shares per day over the past 3-months and 174.31k shares per day over the past 10 days. A total of 35.61M shares are outstanding, with a floating share count of 35.60M. Insiders hold about 0.10% of the company’s shares, while institutions hold 22.40% stake in the company. Shares short for TPVG as of Feb 15, 2024 were 2.35M with a Short Ratio of 9.38, compared to 2.07M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.50% and a Short% of Float of 6.59%.
Dividends & Splits
The forward annual dividend rate for TPVG is 1.60, which was 1.57 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 14.44%, it implies a Forward Annual Dividend Yield of 14.72%. The stock’s 5-year Average Dividend Yield is 11.60.
Earnings Estimates
The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.44 for the current quarter, with a high estimate of $0.5 and a low estimate of $0.4, while EPS last year was $0.53. The consensus estimate for the next quarter is $0.43, with high estimates of $0.47 and low estimates of $0.39.
Analysts are recommending an EPS of between $1.85 and $1.56 for the fiscal current year, implying an average EPS of $1.69. EPS for the following year is $1.63, with 5 analysts recommending between $1.88 and $1.44.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $33.01M. It ranges from a high estimate of $35.1M to a low estimate of $30.4M. As of the current estimate, TriplePoint Venture Growth BDC Corp.’s year-ago sales were $34.44M, an estimated decrease of -4.20% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $32.85M, a decrease of -6.50% less than the figure of -$4.20% in the same quarter last year. There is a high estimate of $35.1M for the next quarter, whereas the lowest estimate is $30.3M.
A total of 7 analysts have provided revenue estimates for TPVG’s current fiscal year. The highest revenue estimate was $141.1M, while the lowest revenue estimate was $119.8M, resulting in an average revenue estimate of $130.89M. In the same quarter a year ago, actual revenue was $23.86M, up 448.50% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $131.02M in the next fiscal year. The high estimate is $156.68M and the low estimate is $109.9M. The average revenue growth estimate for next year is up 0.10% from the average revenue estimate for this year.
