Goldman Sachs BDC, Inc. (NYSE: GSBD) is 2.39% higher on its value in year-to-date trading and has touched a low of $12.75 and a high of $15.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GSBD stock was last observed hovering at around $15.33 in the last trading session, with the day’s loss setting it -0.33%.
Currently trading at $15.00, the stock is -2.33% and -0.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.18 million and changing -2.15% at the moment leaves the stock 3.16% off its SMA200. GSBD registered 8.23% gain for a year compared to 6-month gain of 2.88%.
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The stock witnessed a 0.33% loss in the last 1 month and extending the period to 3 months gives it a 0.67%, and is -2.60% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.64% over the week and 1.36% over the month.
Current P/E ratio is 8.33 and Fwd P/E is 7.85. Profit margin for the company is 43.10%. Distance from 52-week low is 17.65% and -4.17% from its 52-week high. The company has generated returns on investments over the last 12 months (7.20%).
Goldman Sachs BDC, Inc. quarterly earnings per share for the current quarter are estimated at $0.55 with sales reaching $98.65M over the same period.The EPS is expected to grow by 236.20% this year, but quarterly earnings will post -2.60% year-over-year. Quarterly sales are estimated to grow 12.30% in year-over-year returns.
233 institutions hold shares in Goldman Sachs BDC, Inc. (GSBD), with institutional investors hold 30.08% of the company’s shares. The shares outstanding are 109.58M, and float is at 109.54M with Short Float at 1.33%. Institutions hold 30.04% of the Float.
The top institutional shareholder in the company is Goldman Sachs Group Inc with over 6.51 million shares valued at $90.25 million. The investor’s holdings represent 5.94% of the GSBD Shares outstanding. As of Jun 29, 2023, the second largest holder is Morgan Stanley with 3.69 million shares valued at $51.15 million to account for 3.37% of the shares outstanding. The other top investors are Van Eck Associates Corporation which holds 1.62 million shares representing 1.48% and valued at over $22.43 million, while Raymond James Financial Services Advisors, Inc. holds 0.99% of the shares totaling 1.08 million with a market value of $14.99 million.
Goldman Sachs BDC, Inc. (GSBD) Insider Activity
The most recent transaction is an insider purchase by Miller David, the company’s. SEC filings show that Miller David bought 20,000 shares of the company’s common stock on May 08 ’23 at a price of $13.16 per share for a total of $0.26 million. Following the purchase, the insider now owns 20000.0 shares.
