Goldman Sachs BDC (NYSE:GSBD) posted its quarterly earnings data on Thursday. The financial services provider reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47, Briefing.com reports. The business had revenue of $36.86 million for the quarter, compared to analyst estimates of $39.61 million. Goldman Sachs BDC had a return on equity of 12.07% and a net margin of 24.25%. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 earnings per share.
NYSE GSBD traded down $0.26 during trading hours on Friday, hitting $20.29. 141,514 shares of the company’s stock were exchanged, compared to its average volume of 118,718. The business’s 50 day moving average is $20.23 and its 200-day moving average is $20.02. Goldman Sachs BDC has a 12-month low of $17.73 and a 12-month high of $22.16. The firm has a market capitalization of $828.99 million, a P/E ratio of 9.85, a price-to-earnings-growth ratio of 10.44 and a beta of 0.99. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.02 and a current ratio of 1.02.
A number of analysts recently commented on the company. ValuEngine raised Goldman Sachs BDC from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Zacks Investment Research raised Goldman Sachs BDC from a “strong sell” rating to a “hold” rating in a research note on Friday, October 4th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $21.40.
Goldman Sachs BDC, Inc is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to make capital appreciation through direct originations of secured debt, senior secured debt, junior secured debt, including first lien, first lien/last-out unitranche and second lien debt, unsecured debt, including mezzanine debt and, to a lesser extent, investments in equities.
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