Prospect Capital Corp [NASDAQ: PSEC] price plunged by -1.13 percent to reach at -$0.03.
A sum of 5319927 shares traded at recent session while its average daily volume was at 4.03M shares. Prospect Capital Corp shares reached a high of $2.67 and dropped to a low of $2.59 until finishing in the latest session at $2.63.
The one-year PSEC stock forecast points to a potential downside of -5.2. The average equity rating for PSEC stock is currently 5.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Prospect Capital Corp [PSEC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PSEC shares is $2.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PSEC stock is a recommendation set at 5.00. 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 Prospect Capital Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on November 09, 2021. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Underweight. The new note on the price target was released on June 25, 2020, representing the official price target for Prospect Capital Corp stock. On January 22, 2019, analysts decreased their price target for PSEC shares from 7 to 6.
The Price to Book ratio for the last quarter was 0.40, with the Price to Cash per share for the same quarter was set at 3.13. Price to Free Cash Flow for PSEC in the course of the last twelve months was 6.80 with Quick ratio for the last quarter at 11.14.
PSEC Stock Performance Analysis:
Prospect Capital Corp [PSEC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.01. With this latest performance, PSEC shares dropped by -4.71% in over the last four-week period, additionally sinking by -25.71% over the last 6 months – not to mention a drop of -38.98% 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 PSEC stock in for the last two-week period is set at 39.29, with the RSI for the last a single of trading hit 0.08, and the three-weeks RSI is set at 0.08 for Prospect Capital Corp [PSEC]. The present Moving Average for the last 50 days of trading for this stock 2.77, while it was recorded at 2.73 for the last single week of trading, and 3.46 for the last 200 days.
Insight into Prospect Capital Corp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Prospect Capital Corp [PSEC] shares currently have an operating margin of -160.70% and a Gross Margin at 7.09%. Prospect Capital Corp’s Net Margin is presently recorded at -295.77%.
Prospect Capital Corp (PSEC) Capital Structure & Debt Analysis
According to recent financial data for Prospect Capital Corp. ( PSEC), the Return on Equity (ROE) stands at -9.48%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -6.41%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Prospect Capital Corp’s Return on Invested Capital (ROIC) is -8.90%, showcasing its effectiveness in deploying capital for earnings.
Prospect Capital Corp (PSEC) Efficiency & Liquidity Metrics
Based on Prospect Capital Corp’s (PSEC) latest financial statements, the Debt-to-Equity Ratio is 0.45%, indicating its reliance on debt financing relative to shareholder equity.
Prospect Capital Corp (PSEC) Efficiency & Liquidity Metrics
PSEC Stock EPS
With the latest financial reports released by the company, Prospect Capital Corp posted 0.21/share EPS, while the average EPS was predicted by analysts to be reported at 0.17/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PSEC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Prospect Capital Corp go to -18.95%.
Prospect Capital Corp [PSEC] Institutonal Ownership Details
There are presently around $14.82%, or 20.75%% of PSEC stock, in the hands of institutional investors. The top three institutional holders of PSEC stocks are: VAN ECK ASSOCIATES CORP with ownership of 7.25 million shares, which is approximately 1.7062%. Y.D. MORE INVESTMENTS LTD, holding 5.06 million shares of the stock with an approximate value of $$29.06 million in PSEC stocks shares; and Y.D. MORE INVESTMENTS LTD, currently with $$18.42 million in PSEC stock with ownership which is approximately 0.7848%.
