Trend analysis is based on historical data about the stock's performance given the overall trends of the market and particular indicators within the market.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. It is negative, as 25 investors sold Prospect Capital Corporation shares while 48 reduced holdings. Zacks Investment Research upgraded shares of Prospect Capital Corporation from a "sell" rating to a "hold" rating in a research note on Wednesday, July 26th. BMO Capital Markets maintained the shares of PSEC in report on Friday, October 6 with "Hold" rating. If the published price targets set by Prospect Capital Corporation analysts have any power to influence the stock's share price, the highest price target set for PSEC is $7. Finally, Raymond James Financial, Inc. upgraded shares of Prospect Capital Corporation from an "underperform" rating to a "market perform" rating in a research note on Wednesday, August 30th.
Among 16 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 3 Sell and 7 Hold. Trading volume for Prospect Capital Corporation was 4.49 Million in its previous trading session. Over the course of the past year PSEC has set a 52-week high of $9.58 while the corresponding low set was $5.51. It has a market cap of $2.42 Billion. During the same quarter last year, the business posted $0.22 EPS. equities research analysts forecast that Prospect Capital Corporation will post 0.72 EPS for the current fiscal year. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by ($0.01).
Analysts believe that the company has the potential to earn average revenue of $156.09 Million for the current quarter. Prospect Capital Corporation had 16 analyst reports since August 27, 2015 according to SRatingsIntel. The business's revenue for the quarter was down 11.8% compared to the same quarter a year ago. Currently, Prospect Capital Corporation (NASDAQ:PSEC) has an average volume of 3.98 Million.
Rapper Nelly's planned Saudi gig sparks social media stir Nelly also has a lot of songs about smoking weed and drinking alcohol, not to mention his song about women taking off their cloth. This Nelly concert is just the latest effort to bring more entertainment and leisure activities to the conservative country.
Prospect Capital Corporation has a beta of 0.58, offering the possibility of a higher rate of return, but also posing more risk. If you are accessing this report on another website, it was illegally copied and republished in violation of United States & worldwide copyright & trademark legislation. The mean target price as estimated by the analysts for the company has been recorded at $50.52.
In related news, insider M Grier Eliasek bought 65,000 shares of the stock in a transaction that occurred on Monday, November 13th.
Whereas its latest closing price kept its distance from the SMA20 at -3.30% and 0.25% from SMA 50 while it was knocked up 6.63% from the simple moving average price of 200 days. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insider ownership increased by a total of 573991 shares, which suggests that PSEC's key executives are feeling more optimistic about the outlook for the stock. The disclosure for this purchase can be found here. The $5.87 level represents at least another 7.99% downside for the stock from its current price. Panagora Asset Management invested in 1.06 million shares or 0.03% of the stock. Prospect Capital Corporation's revenue was down 11.8% compared to the same quarter a year ago. Regal Investment Advisors LLC raised its holdings in Prospect Capital Corporation by 19.3% in the second quarter. The option since executed brings Oswald ownership to 575000 shares. Trexquant Investment LP acquired a new stake in Prospect Capital Corporation in the third quarter valued at approximately $108,000. Acrospire Investment Management LLC now owns 17,300 shares of the financial services provider's stock worth $140,000 after buying an additional 4,300 shares in the last quarter. JJJ Advisors Inc. acquired a new position in Prospect Capital during the fourth quarter worth $150,000. The Schafer Cullen Capital Management Inc holds 1.03 million shares with $130.15 million value, down from 1.04M last quarter.
Prospect Capital Cp (NASDAQ:PSEC) has average revenue estimates of $156.09 Million, compared to low analyst estimates of $151.94 Million and high estimates of $158.76 Million for the current quarter. The Company primarily lends to and invests in middle market privately held companies.
Want to see what other hedge funds are holding BMO? This represents a $2.87 annualized dividend and a dividend yield of 3.70%. The stock of Bank of Montreal (USA) (NYSE:BMO) has "Sector Perform" rating given on Wednesday, August 26 by Scotia Capital.
The organisation had installed the 32-inch metallic statue inside their Gwalior office on his death anniversary on 15 November. The Mahasabha's temple for Godse triggered a demand by the Congress that the organisation should be charged with sedition.
For their penultimate round of scored dances , Lindsey, Frankie and Jordan all reprised a favorite routine from the past 10 weeks. Tonight's episode begins now - Refresh Page often to get the most current updates! The results are about to be announced.
Spartak Moscow vs NK Maribor: Spartak Moscow takes on the team NK Maribor of Group E in the UEFA Champions League today. Spartak will need to beat Liverpool away on December 6 to qualify, while fourth-place Maribor is eliminated.
Stock's minimum price target estimates has been figured out at $15 while the maximum price target forecast is established at $20. The last close places the company's stock about $0.55 off its 52 week high of $4 and $2.56 above the 52 week low of $0.89.
SFE Investment Counsel's holdings in United Natural Foods were worth $225,000 at the end of the most recent reporting period. At the close of regular trading, its last week's stock price volatility was 2.49% which for the month reaches 2.55%.
Mohanty, accused of raping a 23-year-old woman, will be produced before a court today after his medical tests, Dadich said. The girl claimed that Mohanty who was appointed as additional chief secretary won her confidence and raped her later.
Delta Air Lines, Inc. (DAL)
COPYRIGHT VIOLATION NOTICE: "Lingohr & Partner Asset Management GmbH Purchases 9,400 Shares of Delta Air Lines, Inc". (NYSE:DAL). DAL's profit will be $734.38 million for 12.08 P/E if the $1.03 EPS becomes a reality. 134 were accumulated by Hanson Mcclain.
MN Company fires workers for refusing flu shots
Refusing to get a flu shot, Long had filed for a religious exemption but was denied, she wrote in an email. The MNA said on Monday it will file a grievance on behalf of every nurse fired because of the policy.
Simon Property Group Inc. (SPG) - Worth Watching Stock
Finally, BMO Capital Markets assumed coverage on shares of Simon Property Group in a research note on Monday, September 11th. Mirae Asset Global Investments Com Limited owns 0.02% invested in Simon Property Group Inc (NYSE:SPG) for 5,864 shares.
Forest Hill Officers Nearly Hit by Drunk Driver
A few North Texas police officers narrowly escaped being hit by a person police say was driving drunk earlier this week. No one appeared to be injured in the video, but police said the patrol vehicle was seriously damaged.
Richmond motorcycle police officer injured in I-80 collision
The fatal crash happened about 1:50 a.m. on westbound state Route 94 just east of 30th Street, CHP Officer Tommy Doerr said. The officer was investigating the camp near the Magnolia Ave. onramp at 10:15 a.m. when he was bitten, the CHP said.
3 cars lit on fire in Colorado Springs
Around 4:00 a.m. police were dispatched to another vehicle fire near Cragmor Rd. and Mallow Rd. Authorities then responded to a convenience store located at 2100 Templeton Gap Road, near N.
Atlanta Falcons waive cornerback Jalen Collins
Collins will be eligible to play immediately for whichever team, if any, claims him off of waivers on Wednesday. It will be interesting to see which teams will weigh the reward over risk factor in deciding to sign Collins.