Prospect Capital Cp (NASDAQ:PSEC) shares traded -1.48% down during most recent session to reach at the closing price of $8. The stock exchanged hands 1.97 Million shares versus average trading capacity of 2.27 Million shares, yielding a market cap of $2.87 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $6.88 within the next 52-weeks. The mean target projections are based on 4 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Prospect Capital Cp (NASDAQ:PSEC) high price target of $7 and with a conservative view have low price target of $6.5.
FBR Capital “Downgrades” Prospect Capital Cp (NASDAQ:PSEC) in a research note issued to investors on 5/11/17 to Market Perform with price target of $0.
Additionally on 7/20/16 National Securities “Downgrades” Prospect Capital Cp (NASDAQ:PSEC) to Sell and on 4/28/16 Deutsche Bank “Downgrades” the stock to Hold. Furthermore on 2/12/16 Deutsche Bank “Maintained” the stock to Buy at $8.5.
On the other hand the company has Relative Strength Index (RSI 14) of 37.43 along with Average True Range (ATR 14) of 0.09, Consequently Prospect Capital Cp (NASDAQ:PSEC)’s weekly and monthly volatility is 1.04%, 1.01% respectively. The company’s beta value is at 0.47.
In terms of Buy, Sell or Hold recommendations, Prospect Capital Cp (NASDAQ:PSEC) has analysts’ mean recommendation of 4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Prospect Capital Cp (NASDAQ:PSEC)’s minimum EPS for the current quarter is at $0.2 and can go high up to $0.21. The consensus mean EPS for the current quarter is at $0.21 derived from a total of 4 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.26 earnings per share for the same quarter during last year.
Previously Prospect Capital Cp (NASDAQ:PSEC) reported $0.2 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $-0.04. The company posted an earnings surprise of -16.7%.
Prospect Capital Cp (NASDAQ:PSEC)’s revenue estimates for the current quarter are $172.09 Million according to 3 number of analysts, for the current quarter the company has high revenue estimates of $175.5 Million in contradiction of low revenue estimates of $166.45 Million. For the current year the company’s revenue estimates are $706.55 Million compared to low analyst estimates of $701 Million and high estimates of $710 Million according to 3 number of analysts.
Currently Prospect Capital Cp (NASDAQ:PSEC)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 16.9%. However the six-month change in the insider ownership was recorded 7.17%, as well as three-month change in the institutional ownership was recorded 0.03%.
Prospect Capital Cp (NASDAQ:PSEC) 52-week high price stands at $9.58 and low price stands at $7.07, its price distance from 52-week high is -16.49% while its distance from 52-week low price is 13.15%. The stock hit its 52-week high on 02/23/17, and 52-week low on 11/09/16.
Prospect Capital Cp (NASDAQ:PSEC)’s trailing twelve month revenues are $727.4 Million, whereas its price to sales ratio for the same period is 3.94. Its book value per share for the most recent quarter is $9.44 while its price to book ratio for the same period is 0.85, as for as the company’s cash per share for the most recent quarter is $0.31, however its price to cash per share ratio for the same period is 25.66. The stock has 5 year expected PEG ratio of 1.93 whereas its trailing twelve month P/E ratio is 9.64.