Bain Capital Specialty Finance (NYSE:BCSF) Hits New 52-Week High – Time to Buy?

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) reached a new 52-week high during trading on Monday . The stock traded as high as $17.97 and last traded at $17.88, with a volume of 20116 shares trading hands. The stock had previously closed at $17.80.

Bain Capital Specialty Finance Stock Up 0.7 %

The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. The firm has a fifty day moving average of $17.27 and a 200-day moving average of $16.87. The firm has a market cap of $1.16 billion, a P/E ratio of 9.07 and a beta of 1.10.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. The company had revenue of $72.54 million during the quarter. During the same quarter in the prior year, the firm earned $0.55 EPS. On average, equities research analysts anticipate that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current year.

Hedge Funds Weigh In On Bain Capital Specialty Finance

Several large investors have recently modified their holdings of BCSF. Quarry LP lifted its stake in shares of Bain Capital Specialty Finance by 74.2% in the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after purchasing an additional 1,268 shares during the period. Redhawk Wealth Advisors Inc. lifted its stake in Bain Capital Specialty Finance by 2.4% in the third quarter. Redhawk Wealth Advisors Inc. now owns 73,506 shares of the company’s stock valued at $1,220,000 after buying an additional 1,716 shares during the period. International Assets Investment Management LLC lifted its stake in Bain Capital Specialty Finance by 1,551.4% in the third quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock valued at $87,430,000 after buying an additional 494,812 shares during the period. Hennion & Walsh Asset Management Inc. grew its position in shares of Bain Capital Specialty Finance by 10.4% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 465,868 shares of the company’s stock worth $7,733,000 after buying an additional 43,794 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Bain Capital Specialty Finance by 10.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 22,537 shares of the company’s stock worth $374,000 after buying an additional 2,144 shares during the period.

About Bain Capital Specialty Finance

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.