Media coverage about Goldman Sachs BDC (NYSE:GSBD) has been trending positive on Thursday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Goldman Sachs BDC earned a news impact score of 2.35 on their scale. InfoTrie also assigned media headlines about the financial services provider an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company’s share price in the near term.
Shares of GSBD stock opened at $19.63 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 1.01. Goldman Sachs BDC has a 12-month low of $17.73 and a 12-month high of $22.75. The firm has a market cap of $790.01 million, a PE ratio of 9.53, a P/E/G ratio of 9.93 and a beta of 0.98.
Goldman Sachs BDC (NYSE:GSBD) last issued its quarterly earnings data on Thursday, May 9th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.07. Goldman Sachs BDC had a net margin of 25.34% and a return on equity of 12.08%. The company had revenue of $36.54 million during the quarter, compared to the consensus estimate of $36.22 million. During the same quarter in the prior year, the firm earned $0.46 earnings per share. The firm’s revenue was up 2.8% compared to the same quarter last year. On average, research analysts anticipate that Goldman Sachs BDC will post 1.97 EPS for the current fiscal year.
Several equities research analysts have weighed in on GSBD shares. Raymond James reiterated an “outperform” rating and issued a $22.00 target price (down from $23.00) on shares of Goldman Sachs BDC in a report on Monday, May 13th. National Securities cut their target price on shares of Goldman Sachs BDC from $23.00 to $22.00 and set a “buy” rating on the stock in a report on Monday, March 4th. TheStreet upgraded shares of Goldman Sachs BDC from a “c+” rating to a “b-” rating in a report on Thursday, February 21st. Citigroup cut their target price on shares of Goldman Sachs BDC from $23.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, April 17th. Finally, Zacks Investment Research lowered shares of Goldman Sachs BDC from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 5th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Goldman Sachs BDC presently has a consensus rating of “Hold” and an average target price of $22.00.
Goldman Sachs BDC Company Profile
Goldman Sachs BDC, Inc is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities.
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