We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Hercules Capital (HTGC) Rises As Market Takes a Dip: Key Facts
Read MoreHide Full Article
Hercules Capital (HTGC - Free Report) closed at $18.84 in the latest trading session, marking a +1.67% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.53% for the day. Elsewhere, the Dow lost 0.09%, while the tech-heavy Nasdaq lost 1%.
The specialty finance company's stock has dropped by 0.96% in the past month, falling short of the Finance sector's gain of 0.87% and the S&P 500's gain of 2.06%.
The investment community will be closely monitoring the performance of Hercules Capital in its forthcoming earnings report. The company is predicted to post an EPS of $0.48, indicating a 2.04% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $136.72 million, indicating a 12.27% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.92 per share and a revenue of $531.8 million, representing changes of -4% and 0%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Hercules Capital. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, 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. Within the past 30 days, our consensus EPS projection has moved 0.33% higher. As of now, Hercules Capital holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Hercules Capital has a Forward P/E ratio of 9.22 right now. This expresses a premium compared to the average Forward P/E of 8.68 of its industry.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 180, placing it within the bottom 27% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Hercules Capital (HTGC) Rises As Market Takes a Dip: Key Facts
Hercules Capital (HTGC - Free Report) closed at $18.84 in the latest trading session, marking a +1.67% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 0.53% for the day. Elsewhere, the Dow lost 0.09%, while the tech-heavy Nasdaq lost 1%.
The specialty finance company's stock has dropped by 0.96% in the past month, falling short of the Finance sector's gain of 0.87% and the S&P 500's gain of 2.06%.
The investment community will be closely monitoring the performance of Hercules Capital in its forthcoming earnings report. The company is predicted to post an EPS of $0.48, indicating a 2.04% decline compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $136.72 million, indicating a 12.27% upward movement from the same quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.92 per share and a revenue of $531.8 million, representing changes of -4% and 0%, respectively, from the prior year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Hercules Capital. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. 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, 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. Within the past 30 days, our consensus EPS projection has moved 0.33% higher. As of now, Hercules Capital holds a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Hercules Capital has a Forward P/E ratio of 9.22 right now. This expresses a premium compared to the average Forward P/E of 8.68 of its industry.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 180, placing it within the bottom 27% of over 250 industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.