Currently, Blackstone Secured Lending Fund [BXSL] is trading at $33.75, up 1.05%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BXSL shares have gain 0.75% over the last week, with a monthly amount glided 5.57%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Blackstone Secured Lending Fund [NYSE: BXSL] stock has seen the most recent analyst activity on December 02, 2024, when Wells Fargo downgraded its rating to a Equal Weight but kept the price target unchanged to $29 for it. Previously, BofA Securities upgraded its rating to Buy on March 25, 2024. On February 29, 2024, downgrade downgraded it’s rating to Mkt Perform. JP Morgan upgraded its rating to a Overweight and increased its price target to $28.50 on October 23, 2023. Truist initiated its recommendation with a Buy and recommended $29 as its price target on October 10, 2023. Janney upgraded its rating to Buy for this stock on November 11, 2022, and upped its price target to $27. In a note dated July 12, 2022, Compass Point upgraded an Buy rating on this stock.
This stock has fluctuated between a low of $27.76 and a high of $33.80 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $29 within the next 12 months. Blackstone Secured Lending Fund [NYSE: BXSL] shares were valued at $33.75 at the most recent close of the market. An investor can expect a potential drop of -14.07% based on the average BXSL price forecast.
Analyzing the BXSL fundamentals
Trailing Twelve Months sales for Blackstone Secured Lending Fund [NYSE:BXSL] were 1.22B which represents 12.60% growth. Gross Profit Margin for this corporation currently stands at 0.93% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.7%, and Net Profit Margin reading is 0.7%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.02.
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 33.38 points at the first support level, and at 33.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.02, and for the 2nd resistance point, it is at 34.30.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.20, the price to book ratio is 1.27 and price to earnings (TTM) ratio is 9.45.
