Bain Capital Specialty Finance (NYSE:BCSF) Raised to “Hold” at Zacks Investment Research

Bain Capital Specialty Finance (NYSE:BCSF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Bain Capital Specialty Finance Inc. is a business development company. It focuses on investment in middle-market companies. Bain Capital Specialty Finance Inc. is based in Boston, United States. “

Separately, JMP Securities assumed coverage on shares of Bain Capital Specialty Finance in a research note on Wednesday, April 24th. They issued a “market perform” rating on the stock. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $20.25.

Bain Capital Specialty Finance stock opened at $18.70 on Tuesday. The stock has a market cap of $957.07 million and a price-to-earnings ratio of 12.90. Bain Capital Specialty Finance has a 52 week low of $15.14 and a 52 week high of $20.90.

Bain Capital Specialty Finance (NYSE:BCSF) last released its earnings results on Wednesday, May 8th. The company reported $0.41 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). The company had revenue of $39.89 million for the quarter, compared to analyst estimates of $41.83 million. Bain Capital Specialty Finance had a net margin of 44.85% and a return on equity of 7.23%. Equities research analysts forecast that Bain Capital Specialty Finance will post 1.73 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Great West Life Assurance Co. Can acquired a new position in shares of Bain Capital Specialty Finance in the 1st quarter worth approximately $46,000. Wells Fargo & Company MN acquired a new position in shares of Bain Capital Specialty Finance in the 1st quarter worth approximately $131,000. Virtu Financial LLC acquired a new position in shares of Bain Capital Specialty Finance in the 1st quarter worth approximately $198,000. Stifel Financial Corp acquired a new position in shares of Bain Capital Specialty Finance in the 4th quarter worth approximately $224,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Bain Capital Specialty Finance in the 4th quarter worth approximately $234,000. 9.41% of the stock is currently owned by institutional investors.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc operates as a business development company (BDC) specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.

Featured Story: Analyzing a company’s cash flow statement

Get a free copy of the Zacks research report on Bain Capital Specialty Finance (BCSF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Bain Capital Specialty Finance (NYSE:BCSF)

Receive News & Ratings for Bain Capital Specialty Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bain Capital Specialty Finance and related companies with MarketBeat.com's FREE daily email newsletter.

Bain Capital Specialty Finance (NYSE:BCSF) Raised to “Hold” at Zacks Investment Research

Bain Capital Specialty Finance (NYSE:BCSF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks.com reports.

According to Zacks, “Bain Capital Specialty Finance Inc. is a business development company. It focuses on investment in middle-market companies. Bain Capital Specialty Finance Inc. is based in Boston, United States. “

Separately, JMP Securities assumed coverage on shares of Bain Capital Specialty Finance in a research note on Wednesday, April 24th. They issued a “market perform” rating on the stock. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $20.25.

Bain Capital Specialty Finance stock opened at $18.70 on Tuesday. The stock has a market cap of $957.07 million and a price-to-earnings ratio of 12.90. Bain Capital Specialty Finance has a 52 week low of $15.14 and a 52 week high of $20.90.

Bain Capital Specialty Finance (NYSE:BCSF) last released its earnings results on Wednesday, May 8th. The company reported $0.41 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.01). The company had revenue of $39.89 million for the quarter, compared to analyst estimates of $41.83 million. Bain Capital Specialty Finance had a net margin of 44.85% and a return on equity of 7.23%. Equities research analysts forecast that Bain Capital Specialty Finance will post 1.73 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the company. Great West Life Assurance Co. Can acquired a new position in shares of Bain Capital Specialty Finance in the 1st quarter worth approximately $46,000. Wells Fargo & Company MN acquired a new position in shares of Bain Capital Specialty Finance in the 1st quarter worth approximately $131,000. Virtu Financial LLC acquired a new position in shares of Bain Capital Specialty Finance in the 1st quarter worth approximately $198,000. Stifel Financial Corp acquired a new position in shares of Bain Capital Specialty Finance in the 4th quarter worth approximately $224,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Bain Capital Specialty Finance in the 4th quarter worth approximately $234,000. 9.41% of the stock is currently owned by institutional investors.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc operates as a business development company (BDC) specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.

Featured Story: Analyzing a company’s cash flow statement

Get a free copy of the Zacks research report on Bain Capital Specialty Finance (BCSF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Bain Capital Specialty Finance (NYSE:BCSF)

Receive News & Ratings for Bain Capital Specialty Finance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bain Capital Specialty Finance and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit