Goldman Sachs BDC Inc. (NYSE:GSBD) finished Wednesday with a subtraction of -$0.19 to close at $14.49, a downside of -1.29 percent. An average of 962,100 shares of common stock have been traded in the last five days. There was a gain of $0.34 in the past week, and it reached a new high 8 times over the past 12 months. The last 20 days have seen an average of 700,270 shares traded, while the 50-day average volume stands at 559,344.
GSBD stock has decreased by -5.36% in the last month. The company shares reached their 1-month lowest point of $13.87 on 12/19/22. With the stock rallying to its 52-week high on 02/02/22, shares of the company touched a low of $13.87 and a high of $20.60 in 52 weeks. It has reached a new high 11 times so far this year and lost -24.37% or -$4.67 in price. In spite of this, the price is down -29.66% from the 52-week high.
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Goldman Sachs BDC Inc. (GSBD) has a trailing price-to-earnings (P/E) ratio of 16.34. The stock’s beta is 1.22. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.36, the price-to-book (PB) ratio at 0.96.
The company has a payout ratio of 203.00%. The company’s most recent quarterly dividend payment was $0.45 a share, without any change from last year. Its latest increase dividend $0.40 reported on Friday August 6 2021.
Further, the company has a long term debt to equity ratio of 1.36 and a total debt to equity ratio of 1.36 for the quarter ending September 29. Its gross profit as reported stood at $238.66 million compared to revenue of $346.98 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Goldman Sachs BDC Inc.’s return on assets was 2.50%.
For the three-month period that ended September 29, Goldman Sachs BDC Inc. had $2.1 billion in total debt. The analyst consensus anticipated Goldman Sachs BDC Inc.’s latest quarter earnings to come in at $0.46 per share, but it turned out to be $0.56, a 21.70% surprise. For the quarter, EBITDA amounted to $84.0 million. At the end of the quarter ending September 29, Goldman Sachs BDC Inc.’s stock balance sheet showed total debt was $2.1 billion. Shareholders own equity worth $102.78 million.
From a technical analysis perspective, let’s take a brief look at Goldman Sachs BDC Inc. (GSBD) price momentum. RSI 9-day as of the close on 28 December was 46.12%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.22%.
As of today, GSBD’s price is $14.45 +2.40% or $0.34 from its 5-day moving average. GSBD is currently trading -5.29% lower than its 20-day SMA and -17.72% lower than its 100-day SMA. However, the stock’s current price level is -2.62% below the SMA50 and -23.98% below the SMA200.
The stochastic %K and %D were 68.75% and 61.45%, respectively, and the average true range (ATR) was 0.32. With the 14-day stochastic at 63.92% and the average true range at 0.33, the RSI (14) stands at 43.18%. The stock has reached 0.25 on the 9-day MACD Oscillator while the 14-day reading was at 0.16.
What is GSBD’s price target for the next 12 months?
Analysts predict a range of price targets between $14.50 and $16.00, with a median target of $16.00. Taking a look at these predictions, the average price target given by analysts for Goldman Sachs BDC Inc. (GSBD) stock is $15.63.