Prospect Capital Corp (PSEC) saw an uptrend of 4.12% in the recent trading with $2.78 being its most recent. The current price level -48.57% lower than the highest price of $5.41 marked by the stock while trading over the past 52-weeks, whereas it is 8.17% higher than the lowest price of $2.57 the company dropped to over past 52-weeks. The latest news story on PSEC appeared in (Insider Monkey) under the title “Why Prospect Capital Corporation (PSEC) Stands Out as a Promising BDC Dividend Stock in 2025” on.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Sell by 1 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 5.00 for the stock.
Prospect Capital Corp Earnings – What Happened With PSEC
Coming around sales and income figures on PSEC Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Prospect Capital Corp (PSEC) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 23.53% for net revenue.
PSEC – Prospect Capital Corp Stock Earnings Estimates
The perspective of Prospect Capital Corp (NASDAQ:PSEC)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.17 for stock’s EPS in the current quarter. Prospect Capital Corp (PSEC) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 23.53% for net revenue. Company’s EPS for the last quarter was 0.21.
Prospect Capital Corp – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 455.90 million. PSEC does have institutional investors; and they hold 14.55% of the stock.
As on 2024-06-30, VAN ECK ASSOCIATES CORP was the top most holder in Prospect Capital Corp (NASDAQ:PSEC) with an ownership of 7.25 million shares of the company or 1.7062 of the stake worth $40.09 million. The filing also reveals Y.D. MORE INVESTMENTS LTD as the second largest holder in the company with a control over 1.1917 of the outstanding shares. Its stake is worth $29.06 million for having 5.06 million shares in hand.
LEGAL & GENERAL GROUP PLC also came holding a key position in the company during the recent quarter and it now holds 0.7848 of the outstanding shares. With this there are now 240.0 institutions which have possession in PSEC’s shares.
Key Metrics for PSEC
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Prospect Capital Corp has a debt to equity ratio of 0.45.
