Don’t Let Recent momentum Confuse Your Outlook on Fidus Investment Corporation [FDUS]

Fidus Investment Corporation [FDUS] shares are down more than -11.04% this year and recently decreased -0.06% or -$0.79 to settle at $13.35. Analysts expect FDUS to grow earnings at a 3.00% annual rate over the next 5 years. FDUS has a short ratio of 0.93. This implies that the market is currently less bearish on the outlook for FDUS.

On 30, October 2020, Fidus Investment Corp. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / October 30, 2020 / Fidus Investment Corp. (NASDAQ:FDUS) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 30, 2020 at 9:00 AM Eastern Time.

Analyst Birdseye View:

The most recent analyst activity for Fidus Investment Corporation [NASDAQ:FDUS] stock was on March 17, 2020, when it was Upgrade with a Buy rating from National Securities. Before that, on August 10, 2020, Ladenburg Thalmann Recapitulated a Buy rating and elevated its amount target to $11.50. On October 23, 2019, National Securities Initiated a Neutral rating and boosted its price target on this stock to $15. On October 11, 2019, Raymond James Downgrade an Outperform rating and decreased its price target from $17 to $16. On August 05, 2019, Ladenburg Thalmann Downgrade a Neutral rating. On June 21, 2019, B. Riley FBR Initiated a Buy rating and boosted its amount on this stock to $17.50. On February 16, 2018, Ladenburg Thalmann Initiated a Buy rating and boosted its target amount on this stock to $15. Keefe Bruyette elevated its amount target by recapitulating a higher weight for this stock.

In the past 52 weeks of trading, this stock has oscillated between a low of $4.44 and a peak of $16.08. Right now, according to Wall Street analyst the average 12-month amount target is $12.93. At the most recent market close, shares of Fidus Investment Corporation [NASDAQ:FDUS] were valued at $13.35. According to the average price forecast, investors can expect a potential return of -7.75%.

FUNDAMENTAL ANALYSIS

Fidus Investment Corporation [NASDAQ:FDUS] most recently reported quarterly sales of 22.39 billion, which represented growth of 9.80%. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 6.53, 11.89, 6.87 and 6.90 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 46.24 and the whole liability to whole assets at 44.92. It shows enduring liability to the whole principal at 46.24 and enduring liability to assets at 0.45 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 14.02 points at 1st support level, the second support level is making up to 13.86. But as of 1st resistance point, this stock is sitting at 14.45 and at 14.72 for 2nd resistance point.

Fidus Investment Corporation [FDUS] reported its earnings at $0.4 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.34/share signifying the difference of 0.06 and 17.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.37 calling estimates for $0.32/share with the difference of 0.05 depicting the surprise of 15.60%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 4.78, it’s amount to book ratio is 0.88 and showing 15.92 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by HYMAN CHARLES D, Director, and it was the purchase of 2000.0 shares on Mar 13. Tune Edward X., the Director, completed a purchase of 3000.0 shares on Mar 12. On Mar 12, Sherard Shelby E, See Remarks, completed a purchase of 5000.0 shares.