Shares of Gladstone Capital Co. (NASDAQ:GLAD) have been given a consensus recommendation of “Hold” by the six analysts that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $7.00.
Several analysts have recently commented on GLAD shares. National Securities reissued a “neutral” rating and set a $8.00 price target on shares of Gladstone Capital in a research note on Monday, August 6th. BidaskClub raised shares of Gladstone Capital from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 11th. Zacks Investment Research raised shares of Gladstone Capital from a “hold” rating to a “buy” rating and set a $11.00 price target on the stock in a research note on Tuesday, October 9th. Finally, ValuEngine cut shares of Gladstone Capital from a “hold” rating to a “sell” rating in a research note on Wednesday.
In related news, President Robert L. Marcotte purchased 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 20th. The shares were acquired at an average cost of $8.71 per share, with a total value of $87,100.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.89% of the stock is owned by corporate insiders.
Gladstone Capital stock traded down $0.07 during trading hours on Thursday, hitting $8.52. 123,642 shares of the stock were exchanged, compared to its average volume of 155,209. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $242.86 million, a price-to-earnings ratio of 10.02 and a beta of 1.03. Gladstone Capital has a 12 month low of $7.80 and a 12 month high of $9.92.
Gladstone Capital (NASDAQ:GLAD) last released its quarterly earnings results on Wednesday, November 14th. The investment management company reported $0.21 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by ($0.01). Gladstone Capital had a net margin of 41.00% and a return on equity of 9.83%. The company had revenue of $11.26 million for the quarter, compared to the consensus estimate of $12.00 million. As a group, equities research analysts predict that Gladstone Capital will post 0.86 EPS for the current year.
The business also recently declared a dividend, which was paid on Friday, November 30th. Stockholders of record on Tuesday, November 20th were paid a dividend of $0.07 per share. The ex-dividend date was Monday, November 19th. Gladstone Capital’s dividend payout ratio (DPR) is currently 98.82%.
About Gladstone Capital
Gladstone Capital Corporation is a private equity and a venture capital fund specializing in lower middle market, growth capital, add on acquisitions, debt investments in senior loans, second lien loans, senior subordinated loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants.
Recommended Story: How is inflation measured?
Receive News & Ratings for Gladstone Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Capital and related companies with MarketBeat.com's FREE daily email newsletter.