News coverage about Gladstone Capital (NASDAQ:GLAD) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Gladstone Capital earned a daily sentiment score of 0.06 on Accern’s scale. Accern also gave press coverage about the investment management company an impact score of 46.244898307333 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Gladstone Capital traded up $0.01, reaching $9.19, during trading on Thursday, Marketbeat Ratings reports. The company’s stock had a trading volume of 800 shares, compared to its average volume of 97,171. The company has a market capitalization of $247.19 million, a PE ratio of 10.94 and a beta of 1.13. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.74 and a quick ratio of 3.74. Gladstone Capital has a 12 month low of $7.80 and a 12 month high of $9.95.
Gladstone Capital (NASDAQ:GLAD) last announced its quarterly earnings data on Wednesday, May 2nd. The investment management company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. The firm had revenue of $11.09 million during the quarter, compared to the consensus estimate of $11.60 million. Gladstone Capital had a return on equity of 9.87% and a net margin of 66.28%. sell-side analysts anticipate that Gladstone Capital will post 0.85 earnings per share for the current year.
Several equities research analysts recently issued reports on the company. Zacks Investment Research downgraded Gladstone Capital from a “buy” rating to a “hold” rating in a report on Wednesday, May 9th. National Securities reiterated a “neutral” rating and set a $8.00 price target on shares of Gladstone Capital in a report on Monday, May 7th. Finally, ValuEngine downgraded Gladstone Capital from a “buy” rating to a “hold” rating in a research note on Monday, April 2nd. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $9.05.
In other Gladstone Capital news, President Robert L. Marcotte acquired 10,000 shares of Gladstone Capital stock in a transaction on Tuesday, May 8th. The stock was purchased at an average price of $8.91 per share, for a total transaction of $89,100.00. Following the purchase, the president now directly owns 423,264 shares of the company’s stock, valued at $3,771,282.24. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 5.89% of the stock is owned by corporate insiders.
About Gladstone Capital
Gladstone Capital Corporation is a closed-end, non-diversified management investment company, operating as a business development company (BDC). The objectives of the Company are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and to provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that it believes can grow over time to permit it to sell its equity investments for capital gains.
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