Hercules Capital Inc. (NYSE:HTGC) currently has a daily average trading volume of 1.08M but it saw 480461 shares traded on Wednesday. With a market cap of 1.84B USD, stock’s current market price of $14.35 while comparing to the previous closing price of $14.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.53 and as low as $11.04. In the recent trading on the day, stock has struck highest price mark of $14.41 while lowest mark touched by it was $14.25.
Taking a look at 20-day trading activity of Hercules Capital Inc. (HTGC) gives us an average price of $14.34, while its current price level is -22.57% below from 52-week high level whereas it is 29.94% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.41 while that of 200 days or SMA-200 reads an average of $15.18. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.92% during that period while stretching the period over a month that increases to 2.52%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.90 which implies that the stock is in neutral territory.
Hercules Capital Inc. (HTGC)’s stock is currently under the radar of 9 analysts who are in consensus at a 12-month price target range of between $14.50 and $18.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $14.50 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $18.00. Average price target assigned by them is $15.78 which highlights an upside potential of 9.06% for the stock over that period. And to attain the median price target of $15.00 assigned by those analysts, stock has to add about 4.33% of value to its current levels.
Data by FactSet Research shows that 9 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 5 analysts suggested the investors to Buy the stock while 4 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Keefe Bruyette downgraded its recommendation for the stock as a “Mkt Perform” from “Outperform” on April 22, 2022 while assigning a price target of $18. Piper Sandler also issued its recommendations for the stock as it downgraded the price target for the stock is $19.
Over the week, HTGC’s stock price is moving 1.99% up while it is 2.24% when we observe its performance for the past one month. Year-to-date it is -10.13% down and over the past year, the stock is showing a downside performance of -10.72%.
The latest quarterly earnings report issued by the company was for quarter ended 6/29/2022, when its quarterly earnings per share (EPS) of $0.32 beaten by the consensus estimate of $0.33 for the same. The company is expected to be releasing its next quarterly report in 02/21/2023, for which analysts forecasted an EPS of $0.36 while estimate for next year EPS is $1.36. For HTGC, analysts are forecasting an EPS-growth rate of 5.40% for current year and estimate for EPS growth in next year is 13.20%. In next quarter, company is expected to be making quarterly sales of $84 million as analysts are expecting the sales for current fiscal year at $301.75 million and seeing the company making $351.84 million in sales next year. Moreover, analysts are in estimates of $80.47 million for current-quarter revenue.
Currently, Hercules Capital Inc.’s total number of outstanding shares is 130.15M with 1.30% of that held by the insiders while 26.74% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.70% and return on equity (ROE) at 3.10%. It has a price to earnings ratio (P/E ratio) of 45.13 while having a 8.39 of forward P/E ratio. Stock’s beta reads 1.44. Stock has a price to book (P/B) ratio of 1.34 while price to sale or P/S ratio amounts to 6.27. Its return on asset (ROA) is 1.50% on average.
A filing at the U.S. Securities and Exchange Commission revealed that VanEck Vectors – BDC Income ETF came shrinking its share ownership by 1.00% in the Hercules Capital Inc. (HTGC) increasing its stake to 1.38% with control over 17318.0 shares in the company.