According to Zacks, “Gladstone Capital Corporation is a specialty finance company that invests in debt securities consisting primarily of senior term loans, senior subordinated loans, and junior subordinated loans in small and medium sized companies. The Company target small and medium sized private businesses that meet some or all of our criteria, including the potential for growth, adequate assets for loan collateral, experienced management teams with significant ownership interest in the business, adequate capitalization, profitable operations based on cash flow, substantial ownership by a buyout fund or a venture capital fund and potential opportunities for us to realize appreciation and gain liquidity in our equity position. “
Several other analysts have also recently issued reports on GLAD. TheStreet raised shares of Marvell Technology Group from a “c+” rating to a “b-” rating in a report on Wednesday, July 3rd. BidaskClub cut shares of Xencor from a “sell” rating to a “strong sell” rating in a report on Tuesday, June 11th. National Securities assumed coverage on shares of Bluerock Residential Growth REIT Inc Class A (NYSEAMERICAN) in a report on Friday, May 3rd. They issued a “buy” rating and a $13.00 price target on the stock. Finally, Wedbush set a $20.00 price target on shares of Ares Capital and gave the company a “buy” rating in a report on Tuesday, May 14th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Gladstone Capital currently has a consensus rating of “Hold” and an average price target of $9.33.
Gladstone Capital (NASDAQ:GLAD) last posted its earnings results on Wednesday, May 1st. The investment management company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Gladstone Capital had a return on equity of 10.12% and a net margin of 16.24%. The firm had revenue of $12.52 million for the quarter, compared to analyst estimates of $12.60 million. Equities analysts anticipate that Gladstone Capital will post 0.84 earnings per share for the current year.
A number of institutional investors and hedge funds have recently bought and sold shares of GLAD. Marshall Wace North America L.P. acquired a new stake in shares of Gladstone Capital during the first quarter worth $39,000. West Oak Capital LLC raised its holdings in shares of Gladstone Capital by 500.0% during the first quarter. West Oak Capital LLC now owns 6,000 shares of the investment management company’s stock worth $54,000 after purchasing an additional 5,000 shares during the period. PFG Advisors acquired a new stake in shares of Gladstone Capital during the fourth quarter worth $90,000. Wambolt & Associates LLC acquired a new stake in shares of Gladstone Capital during the first quarter worth $106,000. Finally, Boston Partners raised its holdings in shares of Gladstone Capital by 3.5% during the first quarter. Boston Partners now owns 68,451 shares of the investment management company’s stock worth $617,000 after purchasing an additional 2,313 shares during the period. 11.56% of the stock is currently owned by hedge funds and other institutional investors.
Gladstone Capital Company Profile
Gladstone Capital Corporation is a private equity and a venture capital fund specializing in lower middle market, growth capital, add on acquisitions, debt investments in senior loans, second lien loans, senior subordinated loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants.
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