What You Need To Know About Golub Capital BDC Inc. (GBDC)

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Golub Capital BDC Inc. (NASDAQ:GBDC) traded with an addition of $0.21 to close at $13.26 on Thursday, an upside of 1.57 percent. An average of 624,550 shares of common stock have been traded in the last five days. There was a gain of $0.20 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 825,062 shares traded, while the 50-day average volume stands at 767,907.

GBDC stock has decreased by -6.38% in the last month. The company shares reached their 1-month lowest point of $12.71 on 12/19/22. With the stock rallying to its 52-week high on 02/10/22, shares of the company touched a low of $11.94 and a high of $16.23 in 52 weeks. It has reached a new high 11 times so far this year and lost -15.48% or -$2.17 in price. In spite of this, the price is down -18.33% from the 52-week high.


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Insider Transactions

GBDC stock investors should be aware that Golub Capital BDC Inc. (GBDC) stock had its last reported insider trading activity 302 days ago on Aug 26. In this transaction, the insider spent $19,650,000. Chief Executive Officer, Golub David, disposed of 1,250,000 shares at a price of $15.72 on Mar 02. The insider now owns more than $19,650,000 worth of shares.

Valuation Metrics

Golub Capital BDC Inc. (GBDC) has a trailing price-to-earnings (P/E) ratio of 14.50. The stock’s beta is 0.68. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.64, the price-to-book (PB) ratio at 0.88.

The company has a payout ratio of 133.40%. The company’s most recent quarterly dividend payment was $0.33 a share, representing a up of 10.0% from $0.30 last year. Its latest increase dividend $0.03 reported on Friday November 18 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 1.21 and a total debt to equity ratio of 1.21 for the quarter ending September 29. Its gross profit as reported stood at $196.19 million compared to revenue of $387.8 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, Golub Capital BDC Inc.’s return on assets was 2.70%.

Earnings Surprise

The analyst consensus anticipated Golub Capital BDC Inc.’s latest quarter earnings to come in at $0.3 per share, but it turned out to be $0.05, a -83.30% surprise. For the quarter, EBITDA amounted to $81.93 million. At the end of the quarter ending September 29, Golub Capital BDC Inc.’s stock balance sheet showed total debt was $3.08 billion. Shareholders own equity worth $170.9 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Golub Capital BDC Inc. (GBDC) price momentum. RSI 9-day as of the close on 28 December was 54.11%, suggesting the stock is Neutral, with historical volatility in this time frame at 17.40%.

As of today, GBDC’s price is $13.14 +1.53% or $0.20 from its 5-day moving average. GBDC is currently trading -5.21% lower than its 20-day SMA and -7.53% lower than its 100-day SMA. However, the stock’s current price level is +1.61% above the SMA50 and -10.34% below the SMA200.

The stochastic %K and %D were 61.08% and 53.95%, respectively, and the average true range (ATR) was 0.23. With the 14-day stochastic at 80.58% and the average true range at 0.24, the RSI (14) stands at 51.30%. The stock has reached 0.10 on the 9-day MACD Oscillator while the 14-day reading was at 0.08.

Analyst Ratings

Oppenheimer launched coverage on Golub Capital BDC Inc. (NASDAQ: GBDC) in its analyst report released on September 22, 2021. The firm assigned the stock an Outperform rating. The consensus rating for Golub Capital BDC Inc. (GBDC) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GBDC, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is GBDC’s price target for the next 12 months?

Analysts predict a range of price targets between $14.50 and $15.00, with a median target of $14.75. Taking a look at these predictions, the average price target given by analysts for Golub Capital BDC Inc. (GBDC) stock is $14.75.

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