Golub Capital BDC Inc (NASDAQ: GBDC) Slides -1.75% In Recent Trade, What To Expect Next?

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Golub Capital BDC Inc (NASDAQ:GBDC) traded at $15.75 at close of the session on Tuesday, June 11, made a downward move of -1.75% on its previous day’s price.

Looking at the stock we see that its previous close was $16.03 . The company has a trailing 12-month PE ratio of 7.79. In terms of its 52-week price range, GBDC has a high of $17.66 and a low of $12.96. The company’s stock has lost about -5.52% over that past 30 days.

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Golub Capital BDC Inc has a market cap of $4.15 billion. With its Forward Dividend at 1.51 and a yield of 9.58%, the company’s investors could be anxious for the GBDC stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.49, with the EPS growth for the year raised at $1.94 for 2024 and $1.8 for next year. These figures represent 27.60% and -7.20% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $193.97 million, with a low of $166.62 million and a high of $207.3 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $730.03 million, or 21.00% up from figures reported last year.

There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the GBDC stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of Hold.

Looking further, we note the current price level is -3.42% off its SMA20 and -4.96% from its 50-day simple moving average. The RSI (14) is pointing at 32.51 while the volatility over the past week is 1.74% and jumps to 1.48% over the past one month. The beta value is 0.57, while the average true range (ATR) is currently pointing at 0.26.

Coming back to Golub Capital BDC Inc (NASDAQ:GBDC), we note that the average 3-month trading volume was 870.24K. Current shares outstanding are 263.63 million.

The insiders hold 1.76% of the company’s shares while institutions hold 45.20%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 5.16% up in year-to-date price movement.

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