Shares of Golub Capital BDC Inc (NASDAQ:GBDC) have been assigned an average rating of “Hold” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $11.75.
Several equities analysts have commented on the stock. Bank of America reissued a “neutral” rating and issued a $11.50 target price (down from $13.50) on shares of Golub Capital BDC in a report on Wednesday, May 13th. TheStreet cut shares of Golub Capital BDC from a “c” rating to a “d+” rating in a research note on Monday, May 18th. Zacks Investment Research cut Golub Capital BDC from a “hold” rating to a “sell” rating in a research note on Friday, July 17th. Finally, BidaskClub upgraded Golub Capital BDC from a “sell” rating to a “hold” rating in a research note on Thursday, July 16th.
A number of institutional investors have recently modified their holdings of GBDC. Creative Financial Designs Inc. ADV bought a new position in shares of Golub Capital BDC in the 2nd quarter valued at $28,000. Global Wealth Management Investment Advisory Inc. raised its position in Golub Capital BDC by 2,957.1% in the first quarter. Global Wealth Management Investment Advisory Inc. now owns 3,638 shares of the investment management company’s stock valued at $46,000 after purchasing an additional 3,519 shares during the last quarter. Tarbox Family Office Inc. acquired a new stake in shares of Golub Capital BDC during the second quarter valued at about $66,000. Focused Wealth Management Inc grew its holdings in shares of Golub Capital BDC by 4,297.5% during the second quarter. Focused Wealth Management Inc now owns 8,795 shares of the investment management company’s stock worth $102,000 after purchasing an additional 8,595 shares during the last quarter. Finally, CIBC World Markets Inc. acquired a new position in shares of Golub Capital BDC in the first quarter valued at approximately $134,000. Hedge funds and other institutional investors own 41.49% of the company’s stock.
Golub Capital BDC stock opened at $11.83 on Tuesday. The firm has a market cap of $1.58 billion, a PE ratio of 8.89 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a current ratio of 3.79 and a quick ratio of 3.79. The stock’s fifty day moving average price is $11.76 and its two-hundred day moving average price is $13.54. Golub Capital BDC has a one year low of $9.08 and a one year high of $19.14.
Golub Capital BDC (NASDAQ:GBDC) last released its earnings results on Monday, May 11th. The investment management company reported $0.33 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.33. The company had revenue of $75.12 million for the quarter, compared to analyst estimates of $84.58 million. Golub Capital BDC had a positive return on equity of 7.23% and a negative net margin of 96.69%. During the same period in the prior year, the firm posted $0.31 EPS. Sell-side analysts expect that Golub Capital BDC will post 1.21 earnings per share for the current fiscal year.
Golub Capital BDC Company Profile
Golub Capital BDC, Inc is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors. The company seeks to invest in the United States.
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