Back to top

Image: Bigstock

Goldman Sachs BDC (GSBD) Stock Moves -1.06%: What You Should Know

Read MoreHide Full Article

Goldman Sachs BDC (GSBD - Free Report) closed at $14.90 in the latest trading session, marking a -1.06% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.64%. Elsewhere, the Dow lost 1.08%, while the tech-heavy Nasdaq lost 1.82%.

Heading into today, shares of the specialty finance company had gained 6.36% over the past month, outpacing the Finance sector's gain of 1.93% and the S&P 500's gain of 0.89% in that time.

Wall Street will be looking for positivity from Goldman Sachs BDC as it approaches its next earnings report date. In that report, analysts expect Goldman Sachs BDC to post earnings of $0.57 per share. This would mark year-over-year growth of 1.79%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $113.62 million, up 19.32% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting earnings of $2.18 per share and revenue of $447.16 million, which would represent changes of -2.68% and +25.09%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for Goldman Sachs BDC. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

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. Goldman Sachs BDC currently has a Zacks Rank of #2 (Buy).

Digging into valuation, Goldman Sachs BDC currently has a Forward P/E ratio of 6.9. For comparison, its industry has an average Forward P/E of 7.4, which means Goldman Sachs BDC is trading at a discount to the group.

The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This group has a Zacks Industry Rank of 31, putting it in the top 13% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on

See More Zacks Research for These Tickers

Normally $25 each - click below to receive one report FREE:

Goldman Sachs BDC, Inc. (GSBD) - free report >>

Published in