Ares Capital Corp [NASDAQ: ARCC] traded at a high on Tuesday, posting a 0.59 gain after which it closed the day’ session at $22.29.
The results of the trading session contributed to over 6754438 shares changing hands. Over the past one week, the price volatility of Ares Capital Corp stands at 1.86% while the volatility over the past one month is 1.87%.
The market cap for ARCC stock reached $15.26 billion, with 684.48 million shares outstanding and 679.04 million shares in the current float. Compared to the average trading volume of 4.55M shares, ARCC reached a trading volume of 6754438 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Ares Capital Corp [ARCC]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ARCC shares is $23.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ARCC stock is a recommendation set at 1.71. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Raymond James have made an estimate for Ares Capital Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on February 06, 2025. The new note on the price target was released on December 12, 2024, representing the official price target for Ares Capital Corp stock. Previously, the target price had yet another raise to $23, while Wells Fargo analysts kept a Overweight rating on ARCC stock.
The Average True Range (ATR) for Ares Capital Corp is set at 0.39, with the Price to Sales ratio for ARCC stock in the period of the last 12 months amounting to 5.10. The Price to Book ratio for the last quarter was 1.12.
How has ARCC stock performed recently?
Ares Capital Corp [ARCC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.09. With this latest performance, ARCC shares dropped by -4.05% in over the last four-week period, additionally plugging by 6.60% over the last 6 months – not to mention a rise of 7.06% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ARCC stock in for the last two-week period is set at 50.08, with the RSI for the last a single of trading hit 54.00, and the three-weeks RSI is set at 48.93 for Ares Capital Corp [ARCC]. The present Moving Average for the last 50 days of trading for this stock 22.76, while it was recorded at 22.23 for the last single week of trading, and 21.61 for the last 200 days.
Insider trade positions for Ares Capital Corp [ARCC]
There are presently around $30.26%, or 30.43%% of ARCC stock, in the hands of institutional investors. The top three institutional holders of ARCC stocks are: MORGAN STANLEY with ownership of 16.01 million shares, which is approximately 2.5991%. VAN ECK ASSOCIATES CORP, holding 11.68 million shares of the stock with an approximate value of $$243.43 million in ARCC stocks shares; and VAN ECK ASSOCIATES CORP, currently with $$138.68 million in ARCC stock with ownership which is approximately 1.0803%.
