Goldman Sachs BDC Inc. (NYSE:GSBD) Relative Strength Index (RSI) is 49.17, with weekly volatility at 1.22% and ATR at 0.32. The GSBD stock’s 52-week price range has touched low of $14.62 and a $20.59 high. Intraday shares traded counted 0.49 million, which was -13.14% lower than its 30-day average trading volume of 431.48K. Its shares traded higher over the last trading session, gaining 0.41% on 05/27/21. The shares fell to a low of $19.2701 before closing at $19.40. GSBD’s previous close was $19.32 while the outstanding shares total 101.58M. The firm has a beta of 1.50, a 12-month trailing P/E ratio of 4.75.
Investors have identified the Credit Services company Goldman Sachs BDC Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.00 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Potential earnings growth for Goldman Sachs BDC Inc. (GSBD)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/05/2021 quarter of the year, Goldman Sachs BDC Inc. recorded a total of 82.62 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 61.3% coming in sequential stages and their sales for the 08/05/2021 quarter increasing by 4.46%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 24.72 million trying to sell their products during the last quarter, with the result yielding a gross income of 57.9 million. This allows shareholders to hold on to 101.58M with the recently reported earning now reading 0.57 cents per share. This is a figure that compared to analyst’s prediction for their 08/05/2021 (0.48 cents a share).
Having a look at the company’s valuation, the company is expected to record 1.84 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on GSBD sounds very interesting.
Is the stock of GSBD attractive?
In related news, Director, MCGEE SUSAN B bought 8,000 shares of the company’s stock in a transaction that recorded on Mar 11. The purchase was performed at an average price of 19.27, for a total value of 154,153. As the purchase deal closes, the Director, MCGEE SUSAN B now bought 13,787 shares of the company’s stock, valued at 264,632. Also, Director, Lane Ann B bought 10,000 shares of the company’s stock in a deal that was recorded on Mar 10. The shares were cost at an average price of 19.15 per share, with a total market value of 191,523. Following this completion of disposal, the CFO & Treasurer, Lamm, Jonathan now holds 2,500 shares of the company’s stock, valued at 47,530. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.23%.
1 out of 4 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Goldman Sachs BDC Inc.. 0 analysts has assigned a Sell rating on the GSBD stock. The 12-month mean consensus price target for the company’s shares has been set at $19.58.