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Barings BDC (BBDC) Gains As Market Dips: What You Should Know
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Barings BDC (BBDC - Free Report) closed at $8.55 in the latest trading session, marking a +1.79% move from the prior day. This change outpaced the S&P 500's 0.08% loss on the day. At the same time, the Dow lost 0.34%, and the tech-heavy Nasdaq gained 11.55%.
Heading into today, shares of the business development company had lost 2.55% over the past month, lagging the Finance sector's loss of 1.02% and the S&P 500's loss of 1.03% in that time.
Barings BDC will be looking to display strength as it nears its next earnings release. In that report, analysts expect Barings BDC to post earnings of $0.27 per share. This would mark year-over-year growth of 17.39%. Our most recent consensus estimate is calling for quarterly revenue of $62.47 million, up 70.65% from the year-ago period.
Any recent changes to analyst estimates for Barings BDC should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Barings BDC is currently sporting a Zacks Rank of #1 (Strong Buy).
Digging into valuation, Barings BDC currently has a Forward P/E ratio of 7.55. This represents a discount compared to its industry's average Forward P/E of 7.75.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This group has a Zacks Industry Rank of 16, putting it in the top 7% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Barings BDC (BBDC) Gains As Market Dips: What You Should Know
Barings BDC (BBDC - Free Report) closed at $8.55 in the latest trading session, marking a +1.79% move from the prior day. This change outpaced the S&P 500's 0.08% loss on the day. At the same time, the Dow lost 0.34%, and the tech-heavy Nasdaq gained 11.55%.
Heading into today, shares of the business development company had lost 2.55% over the past month, lagging the Finance sector's loss of 1.02% and the S&P 500's loss of 1.03% in that time.
Barings BDC will be looking to display strength as it nears its next earnings release. In that report, analysts expect Barings BDC to post earnings of $0.27 per share. This would mark year-over-year growth of 17.39%. Our most recent consensus estimate is calling for quarterly revenue of $62.47 million, up 70.65% from the year-ago period.
Any recent changes to analyst estimates for Barings BDC should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Barings BDC is currently sporting a Zacks Rank of #1 (Strong Buy).
Digging into valuation, Barings BDC currently has a Forward P/E ratio of 7.55. This represents a discount compared to its industry's average Forward P/E of 7.75.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This group has a Zacks Industry Rank of 16, putting it in the top 7% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.