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Hercules Capital (HTGC) Ascends While Market Falls: Some Facts to Note
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Hercules Capital (HTGC - Free Report) closed at $18.02 in the latest trading session, marking a +1.24% move from the prior day. This move outpaced the S&P 500's daily loss of 0.03%. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.13%.
Shares of the specialty finance company have depreciated by 0.34% over the course of the past month, outperforming the Finance sector's loss of 1.73%, and lagging the S&P 500's gain of 0.6%.
Analysts and investors alike will be keeping a close eye on the performance of Hercules Capital in its upcoming earnings disclosure. The company is expected to report EPS of $0.47, down 7.84% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $128.32 million, up 2.65% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.91 per share and revenue of $513.91 million, which would represent changes of -4.5% and +4.12%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Hercules Capital. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.63% lower. At present, Hercules Capital boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Hercules Capital is currently trading at a Forward P/E ratio of 9.34. This denotes a premium relative to the industry average Forward P/E of 8.73.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This group has a Zacks Industry Rank of 223, putting it in the bottom 10% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Hercules Capital (HTGC) Ascends While Market Falls: Some Facts to Note
Hercules Capital (HTGC - Free Report) closed at $18.02 in the latest trading session, marking a +1.24% move from the prior day. This move outpaced the S&P 500's daily loss of 0.03%. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.13%.
Shares of the specialty finance company have depreciated by 0.34% over the course of the past month, outperforming the Finance sector's loss of 1.73%, and lagging the S&P 500's gain of 0.6%.
Analysts and investors alike will be keeping a close eye on the performance of Hercules Capital in its upcoming earnings disclosure. The company is expected to report EPS of $0.47, down 7.84% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $128.32 million, up 2.65% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.91 per share and revenue of $513.91 million, which would represent changes of -4.5% and +4.12%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Hercules Capital. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.63% lower. At present, Hercules Capital boasts a Zacks Rank of #3 (Hold).
In terms of valuation, Hercules Capital is currently trading at a Forward P/E ratio of 9.34. This denotes a premium relative to the industry average Forward P/E of 8.73.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This group has a Zacks Industry Rank of 223, putting it in the bottom 10% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
You can find more information on all of these metrics, and much more, on Zacks.com.