Goldman Sachs BDC Inc (NYSE:GSBD) price on Friday, March 21, fall -0.08% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $12.26.
A look at the stock’s price movement, the close in the last trading session was $12.27, moving within a range at $12.24 and $12.305. The beta value (5-Year monthly) was 1.124 while the PE ratio in trailing twelve months stood at 22.29. Turning to its 52-week performance, $15.94 and $11.72 were the 52-week high and 52-week low respectively. Overall, GSBD moved -6.98% over the past month.
Goldman Sachs BDC Inc’s market cap currently stands at around $1.44 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26. The company has a Forward Dividend ratio of 1.80, with its dividend yield at 14.68%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 101.12M for the company’s revenue for the quarter, with a low and high estimate of 99.67M and 103.59M respectively. The average forecast suggests down to a -9.35% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 396.58M, representing a -8.70% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GSBD is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 0 recommend GSBD as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Sell which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GSBD’s current price about -1.53% and -2.50% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 44.59, while 7-day volatility ratio is 1.38% and 1.88% in the 30-day chart. Further, Goldman Sachs BDC Inc (GSBD) has a beta value of 0.91, and an average true range (ATR) of 0.23. Analysts have given the company’s stock an average 52-week price target of $12, forecast between a low of $12 and high of $12. Looking at the price targets, the low is 2.12% off current price level while to achieve the yearly target high, price needs to move 2.12%. Nonetheless, investors will most likely welcome a 2.12% jump to $12 which is the analysts’ median price.
If we refocus on Goldman Sachs BDC Inc (NYSE:GSBD), historical trading data shows that trading volumes averaged 0.84 over the past 10 days and 942.69K over the past 3 months. The company’s latest data on shares outstanding shows there are 117.30 million shares.
The 0.12% of Goldman Sachs BDC Inc’s shares are in the hands of company insiders while institutional holders own 29.55% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.4 million on 2025-02-28, giving us a short ratio of 1.79. The data shows that as of 2025-02-28 short interest in Goldman Sachs BDC Inc (GSBD) stood at 120.0 of shares outstanding, with shares short rising to 1.38 million registered in 2025-01-31. Current price change has pushed the stock 1.32% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GSBD stock continues to rise going into the next quarter.
