New Mountain Finance Corp [NMFC] stock is trading at $11.96, up 0.17%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NMFC shares have gain 0.84% over the last week, with a monthly amount glided 3.64%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
New Mountain Finance Corp [NASDAQ: NMFC] stock has seen the most recent analyst activity on April 18, 2023, when Wells Fargo downgraded its rating to a Equal Weight and also revised its price target to $11 from $13. Previously, B. Riley Securities started tracking the stock with Neutral rating on October 14, 2022, and set its price target to $11.50. On February 07, 2022, Janney initiated with a Buy rating. Hovde Group started tracking the stock assigning a Market Perform rating and suggested a price target of $13.50 on March 05, 2021. National Securities downgraded its rating to a Neutral. National Securities upgraded its rating to Buy for this stock on March 17, 2020. In a note dated March 06, 2020, National Securities initiated an Neutral rating and provided a target price of $12.50 on this stock.
New Mountain Finance Corp [NMFC] stock has fluctuated between $10.61 and $12.92 over the past year. New Mountain Finance Corp [NASDAQ: NMFC] shares were valued at $11.96 at the most recent close of the market.
Analyzing the NMFC fundamentals
New Mountain Finance Corp [NASDAQ:NMFC] reported sales of 373.51M for the trailing twelve months, which represents a growth of 1.00%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.86%, Pretax Profit Margin comes in at 0.41%, and Net Profit Margin reading is 0.39%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.41.
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 11.89 points at the first support level, and at 11.83 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.02, and for the 2nd resistance point, it is at 12.09.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.45, the price to book ratio is 0.95 and price to earnings (TTM) ratio is 11.50.
Transactions by insiders
Recent insider trading involved KLINSKY STEVEN B, Director, that happened on Dec 17 ’24 when 72280.0 shares were purchased. Director, KLINSKY STEVEN B completed a deal on Dec 16 ’24 to buy 91451.0 shares. Meanwhile, Director KLINSKY STEVEN B bought 9051.0 shares on Dec 13 ’24.
