With 2.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.38 million shares. The 52-week range on GBDC shows that it touched its highest point at $17.38 and its lowest point at $13.87 during that stretch. It currently has a 1-year price target of $16.00. With its current market cap of 4.22 billion, GBDC has annualized dividend of $1.54 while the current yield stands at 9.70%. Beta for the stock currently stands at 0.56.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GBDC was up-trending over the past week, with a rise of 0.44%, but this was up by 2.65% over a month. Three-month performance surged to 3.85% while six-month performance rose 8.28%. The stock gained 2.41% in the past year, while it has gained 4.88% so far this year. A look at the trailing 12-month EPS for GBDC yields 1.33 with Next year EPS estimates of 1.59. For the next quarter, that number is 0.41. This implies an EPS growth rate of -17.02% for this year and 0.47% for next year.
Float and Shares Shorts:
At present, 265.50 million GBDC shares are outstanding with a float of 246.73 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GBDC since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.93571 being high and $1.91565 being low. For GBDC, this leads to a yearly average estimate of $1.92568. Based on analyst estimates, the high estimate for the next quarter is $0.41 and the low estimate is $0.39. The average estimate for the next quarter is thus $0.4.
