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Hercules Capital (HTGC) Stock Declines While Market Improves: Some Information for Investors
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Hercules Capital (HTGC - Free Report) closed at $19.14 in the latest trading session, marking a -1.95% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.44%. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq added 0.7%.
Prior to today's trading, shares of the specialty finance company had gained 1.51% lagged the Finance sector's gain of 3.79% and the S&P 500's gain of 4.03%.
Market participants will be closely following the financial results of Hercules Capital in its upcoming release. The company is expected to report EPS of $0.48, down 5.88% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $132.41 million, reflecting a 5.72% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $1.92 per share and a revenue of $518.05 million, demonstrating changes of -4% and +4.96%, respectively, from the preceding year.
Any recent changes to analyst estimates for Hercules Capital should also be noted by investors. Such recent modifications usually signify the changing landscape 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 capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.39% increase. Hercules Capital currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Hercules Capital currently has a Forward P/E ratio of 10.19. This signifies a premium in comparison to the average Forward P/E of 8.59 for its industry.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 187, which puts it in the bottom 25% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Hercules Capital (HTGC) Stock Declines While Market Improves: Some Information for Investors
Hercules Capital (HTGC - Free Report) closed at $19.14 in the latest trading session, marking a -1.95% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.44%. Elsewhere, the Dow gained 0.14%, while the tech-heavy Nasdaq added 0.7%.
Prior to today's trading, shares of the specialty finance company had gained 1.51% lagged the Finance sector's gain of 3.79% and the S&P 500's gain of 4.03%.
Market participants will be closely following the financial results of Hercules Capital in its upcoming release. The company is expected to report EPS of $0.48, down 5.88% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $132.41 million, reflecting a 5.72% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $1.92 per share and a revenue of $518.05 million, demonstrating changes of -4% and +4.96%, respectively, from the preceding year.
Any recent changes to analyst estimates for Hercules Capital should also be noted by investors. Such recent modifications usually signify the changing landscape 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 capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.39% increase. Hercules Capital currently has a Zacks Rank of #3 (Hold).
Digging into valuation, Hercules Capital currently has a Forward P/E ratio of 10.19. This signifies a premium in comparison to the average Forward P/E of 8.59 for its industry.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 187, which puts it in the bottom 25% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.