BlackRock TCP Capital Corp [TCPC] stock is trading at $7.99, down -0.25%. 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 TCPC shares have gain 3.36% over the last week, with a monthly amount drifted -4.86%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
BlackRock TCP Capital Corp [NASDAQ: TCPC] stock has seen the most recent analyst activity on August 26, 2024, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $8 from $8.50. Previously, Ladenburg Thalmann downgraded its rating to Neutral on August 08, 2024. On March 06, 2024, downgrade downgraded it’s rating to Perform and revised its price target to $11 on the stock. Raymond James downgraded its rating to a Mkt Perform. JMP Securities downgraded its rating to a Mkt Perform. In a note dated February 26, 2021, Raymond James upgraded an Outperform rating on this stock but restated the target price of $14.
BlackRock TCP Capital Corp [TCPC] stock has fluctuated between $7.59 and $11.33 over the past year. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. BlackRock TCP Capital Corp [NASDAQ: TCPC] shares were valued at $7.99 at the most recent close of the market. An investor can expect a potential return of 0.13% based on the average TCPC price forecast.
Analyzing the TCPC fundamentals
BlackRock TCP Capital Corp [NASDAQ:TCPC] reported sales of 259.44M for the trailing twelve months, which represents a growth of 20.50%. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 1.06%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is 0.09.
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 7.94 points at the first support level, and at 7.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.07, and for the 2nd resistance point, it is at 8.16.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.62, the price to book ratio is 0.87.
Transactions by insiders
Recent insider trading involved Tseng Philip M, Director and CEO, that happened on Mar 21 ’25 when 10000.0 shares were purchased. Chief Operating Officer, Wolfe Patrick completed a deal on Mar 14 ’25 to buy 6100.0 shares. Meanwhile, Co-Chief Investment Officer Worrell August Daniel bought 10000.0 shares on Mar 11 ’25.
