Barings BDC (NYSE:BBDC) will be issuing its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Barings BDC (NYSE:BBDC) last released its earnings results on Tuesday, July 30th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.01). The firm had revenue of $19.60 million during the quarter, compared to analyst estimates of $19.89 million. Barings BDC had a negative return on equity of 1.28% and a negative net margin of 152.61%. On average, analysts expect Barings BDC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
BBDC opened at $10.09 on Wednesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 4.79 and a current ratio of 4.79. Barings BDC has a 1-year low of $8.70 and a 1-year high of $10.34. The business has a 50 day moving average price of $10.12 and a two-hundred day moving average price of $9.97.
In other news, Director John Switzer bought 3,000 shares of the business’s stock in a transaction on Wednesday, August 28th. The stock was purchased at an average cost of $9.88 per share, for a total transaction of $29,640.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.29% of the company’s stock.
BBDC has been the subject of a number of research analyst reports. Zacks Investment Research downgraded Barings BDC from a “hold” rating to a “sell” rating in a research report on Tuesday, October 1st. ValuEngine downgraded Barings BDC from a “buy” rating to a “hold” rating in a research report on Tuesday, October 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $11.15.
Barings BDC Company Profile
Barings BDC, Inc (NYSE:BBDC) is a business development company specializing in private equity and mezzanine investments. It focuses on leveraged buyouts, management buyouts, ESOPs, change of control transactions, acquisition financings, growth financing, and recapitalizations in lower middle market, mature, and later stage companies.
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