How did Prospect Capital Corporation (PSEC) surprise investors with its report?

Prospect Capital Corporation [PSEC] stock is trading at $5.43, down -0.73%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PSEC shares have lost -1.09% over the last week, with a monthly amount glided 0.18%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Prospect Capital Corporation [NASDAQ: PSEC] stock has seen the most recent analyst activity on November 09, 2021, when Raymond James upgraded its rating to a Mkt Perform. Previously, Wells Fargo started tracking the stock with Underweight rating on June 25, 2020, and set its price target to $4.50. On April 20, 2020, downgrade downgraded it’s rating to Underperform. Barclays downgraded its rating to a Underweight and decreased its price target to $6 on January 22, 2019. Raymond James upgraded its rating to a Mkt Perform. FBR & Co. downgraded its rating to Mkt Perform for this stock on May 11, 2017, and downed its price target to $8.50. In a note dated August 31, 2016, FBR Capital reiterated an Outperform rating on this stock and boosted its target price from $9 to $10.

Prospect Capital Corporation [PSEC] stock has fluctuated between $5.03 and $6.99 over the past year. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. Prospect Capital Corporation [NASDAQ: PSEC] shares were valued at $5.43 at the most recent close of the market. An investor can expect a potential return of 19.71% based on the average PSEC price forecast.

Analyzing the PSEC fundamentals

Prospect Capital Corporation [NASDAQ:PSEC] reported sales of 883.81M for the trailing twelve months, which represents a drop of -0.90%. Gross Profit Margin for this corporation currently stands at 0.01% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.0 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.71.

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 5.40 points at the first support level, and at 5.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.48, and for the 2nd resistance point, it is at 5.53.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 2.55, the price to book ratio is 0.61.

Transactions by insiders

Recent insider trading involved Van Dask Kristin Lea, CFO, TREASURER, SECRETARY, CCO, that happened on Mar 11 ’24 when 5000.0 shares were purchased. Chief Operating Officer, Eliasek M Grier completed a deal on Dec 06 ’23 to buy 10000.0 shares. Meanwhile, Chief Operating Officer Eliasek M Grier bought 10000.0 shares on Dec 05 ’23.

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