PennantPark Floating Rate Capital Ltd (PFLT) saw an uptrend of 0.73% in the recent trading with $9.71 being its most recent. The current price level -15.57% lower than the highest price of $11.50 marked by the stock while trading over the past 52-weeks, whereas it is 15.66% higher than the lowest price of $8.40 the company dropped to over past 52-weeks. The latest news story on PFLT appeared in (GlobeNewswire) under the title “PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2026 Results”.
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 Buy 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 1.75 for the stock.
PennantPark Floating Rate Capital Ltd Earnings – What Happened With PFLT
Coming around sales and income figures on PFLT 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. PennantPark Floating Rate Capital Ltd (PFLT) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 14.96% for net revenue.
PFLT – PennantPark Floating Rate Capital Ltd Stock Earnings Estimates
The perspective of PennantPark Floating Rate Capital Ltd (NYSE:PFLT)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.32 for stock’s EPS in the current quarter. PennantPark Floating Rate Capital Ltd (PFLT) last released financial results for the quarter that ended 12/31/2024, posting a surprise factor of 14.96% for net revenue. Company’s EPS for the last quarter was 0.37.
PennantPark Floating Rate Capital Ltd – 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 99.22 million. PFLT does have institutional investors; and they hold 22.64% of the stock.
As on 2024-06-30, SOUND INCOME STRATEGIES, LLC was the top most holder in PennantPark Floating Rate Capital Ltd (NYSE:PFLT) with an ownership of 2.66 million shares of the company or 3.8792 of the stake worth $30.66 million. The filing also reveals ALTSHULER SHAHAM LTD as the second largest holder in the company with a control over 2.2972 of the outstanding shares. Its stake is worth $18.15 million for having 1.57 million shares in hand.
VAN ECK ASSOCIATES CORP also came holding a key position in the company during the recent quarter and it now holds 2.143 of the outstanding shares. With this there are now 159.0 institutions which have possession in PFLT’s shares.
Key Metrics for PFLT
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, PennantPark Floating Rate Capital Ltd has a debt to equity ratio of 1.65.
