Currently, BlackRock TCP Capital Corp [TCPC] is trading at $5.87, up 2.62%. An important factor to consider is whether the stock is rising or falling in short-term value. The TCPC shares have gain 6.34% over the last week, with a monthly amount glided 1.38%, and 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.
This stock has fluctuated between a low of $5.39 and a high of $9.46 over the last 52 weeks. 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 $5.87 at the most recent close of the market. An investor can expect a potential return of 36.29% based on the average TCPC price forecast.
Analyzing the TCPC fundamentals
Trailing Twelve Months sales for BlackRock TCP Capital Corp [NASDAQ:TCPC] were 14.86M which represents -217.76% decline. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.01.
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 5.76 points at the first support level, and at 5.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.94, and for the 2nd resistance point, it is at 6.01.
Ratios To Look Out For
To put it in perspective, the Current Ratio for BlackRock TCP Capital Corp [NASDAQ:TCPC] is 6.10. On the other hand, the Quick Ratio is 6.10. Considering the valuation of this stock, the price to sales ratio is 33.51, the price to book ratio is 0.67.
Transactions by insiders
Recent insider trading involved Leets Karen L, Director, that happened on May 13 ’25 when 3300.0 shares were purchased. Director and CEO, Tseng Philip M completed a deal on Mar 21 ’25 to buy 10000.0 shares. Meanwhile, Chief Operating Officer Wolfe Patrick bought 6100.0 shares on Mar 14 ’25.
