FS Investment Corp (NYSE:FSIC) shares traded -3.45% down during most recent session to reach at the closing price of $8.4. The stock exchanged hands 2.77 Million shares versus average trading capacity of 1.07 Million shares, yielding a market cap of $2.06 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $9.75 within the next 52-weeks. The mean target projections are based on 6 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have FS Investment Corp (NYSE:FSIC) high price target of $11 and with a conservative view have low price target of $8.5.
Barclays “Downgrades” FS Investment Corp (NYSE:FSIC) in a research note issued to investors on 9/07/16 to Equal-Weight with price target of $9.
Additionally on 8/11/16 JP Morgan “Maintained” FS Investment Corp (NYSE:FSIC) to Neutral setting price target at $9.5 and on 3/02/16 JP Morgan “Maintained” the stock to Neutral at $8.5. Furthermore on 3/02/16 Barclays “Maintained” the stock to Overweight at $10.
On the other hand the company has Relative Strength Index (RSI 14) of 22.68 along with Average True Range (ATR 14) of 0.17, Consequently FS Investment Corp (NYSE:FSIC)’s weekly and monthly volatility is 2.92%, 1.69% respectively. The company’s beta value is at 0.97.
In terms of Buy, Sell or Hold recommendations, FS Investment Corp (NYSE:FSIC) has analysts’ mean recommendation of 2.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts FS Investment Corp (NYSE:FSIC)’s minimum EPS for the current quarter is at $0.19 and can go high up to $0.22. The consensus mean EPS for the current quarter is at $0.2 derived from a total of 6 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.58 earnings per share for the same quarter during last year.
Previously FS Investment Corp (NYSE:FSIC) reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.2 by $0.06. The company posted an earnings surprise of 30%.
While considering growth estimates of the company, it has next quarter growth estimates of -57.4% whereas during current quarter it has -65.5% estimations over growth, comparing to the estimations of -30.6% during current year and -2.4% for next year. Past 5 years growth of FS Investment Corp (NYSE:FSIC) observed at 22.98%, looking forward for the next 5 years it has a strong prediction of 3% over growth.
FS Investment Corp (NYSE:FSIC)’s revenue estimates for the current quarter are $99.85 Million according to 4 number of analysts, for the current quarter the company has high revenue estimates of $102.62 Million in contradiction of low revenue estimates of $97.95 Million. For the current year the company’s revenue estimates are $408.12 Million compared to low analyst estimates of $399 Million and high estimates of $415.66 Million according to 4 number of analysts.
Currently FS Investment Corp (NYSE:FSIC)’s shares owned by insiders are 0%, whereas shares owned by institutional owners are 32.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -2.62%.
FS Investment Corp (NYSE:FSIC) 52-week high price stands at $10.80 and low price stands at $8.43, its price distance from 52-week high is -22.22% while its distance from 52-week low price is -0.3%. The stock hit its 52-week high on 03/01/17, and 52-week low on 08/10/17.
FS Investment Corp (NYSE:FSIC)’s trailing twelve month revenues are $425.8 Million, whereas its price to sales ratio for the same period is 4.84. Its book value per share for the most recent quarter is $9.45 while its price to book ratio for the same period is 0.89, as for as the company’s cash per share for the most recent quarter is $0.22, however its price to cash per share ratio for the same period is 38.85. The stock has 5 year expected PEG ratio of 1.85 whereas its trailing twelve month P/E ratio is 5.54.