Barings BDC, Inc. [BBDC] stock prices are up 4.90% to $9.63 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BBDC shares have gain 7.24% over the last week, with a monthly amount glided 6.88%, and seem to be holding up well over a long-time horizon.
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On 22, February 2024, Barings BDC, Inc. Reports Fourth Quarter and Full Year 2023 Results and Announces Quarterly Cash Dividend of $0.26 Per Share. In a post published today on Yahoo Finance, Barings BDC, Inc. (NYSE: BBDC) (“Barings BDC” or the “Company”) today reported its financial and operating results for the fourth quarter and full year of 2023 and announced that the Company’s Board of Directors (the “Board”) declared a quarterly cash dividend of $0.26 per share.
From an analyst’s perspective:
Barings BDC, Inc. [NYSE: BBDC] stock has seen the most recent analyst activity on November 13, 2023, when Wells Fargo downgraded its rating to a Equal Weight and also revised its price target to $8.50 from $9. Previously, Oppenheimer downgraded its rating to Perform on February 24, 2023, and dropped its price target to $9. On November 14, 2022, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $10 on the stock. Raymond James downgraded its rating to a Outperform and decreased its price target to $11.50 on August 11, 2022. Oppenheimer initiated its recommendation with a Outperform and recommended $12 as its price target on October 08, 2021. BofA Securities upgraded its rating to Buy for this stock on June 25, 2021, but kept the price target unchanged to $11.25. In a note dated January 21, 2021, Jefferies upgraded an Buy rating on this stock but restated the target price of $11.
The stock price of Barings BDC, Inc. [BBDC] has been fluctuating between $6.96 and $9.47 over the past year. Currently, Wall Street analysts expect the stock to reach $12.5 within the next 12 months. Barings BDC, Inc. [NYSE: BBDC] shares were valued at $9.63 at the most recent close of the market. An investor can expect a potential return of 29.8% based on the average BBDC price forecast.
Analyzing the BBDC fundamentals
The Barings BDC, Inc. [NYSE:BBDC] reported sales of 289.20M for trailing twelve months, representing a surge of 19.50%. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.27 points at the first support level, and at 8.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.86, and for the 2nd resistance point, it is at 10.08.
Barings BDC, Inc. [BBDC] reported earnings per share of $0.31 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.32/share, meaning a difference of -$0.01 and a surprise factor of -3.10%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.31 per share as compared to estimates of $0.29 per share, a difference of $0.02 representing a surprise of 6.90%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.53, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 8.03.
Transactions by insiders
Recent insider trading involved BYERS STEPHEN R, Director, that happened on Jul 18 when 400.0 shares were purchased. Adviser Board Member, O’Connor Michael James completed a deal on May 16 to buy 25000.0 shares. Meanwhile, Principal Accounting Officer Murray Elizabeth A. bought 2500.0 shares on May 11.
