Hercules Capital Inc (NYSE: HTGC) has seen a decline in its stock price by -0.87 in relation to its previous close of 18.33. However, the company has experienced a -1.09% decline in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-03 that Dividends are a great way to fund a retirement. Equity REITs and BDCs are popular choices for retirees seeking dividend income due to their attractive yields and stable cash flows. We compare REITs and BDCs, and share which we think is the better choice for retiring with dividends in April 2024.
Is It Worth Investing in Hercules Capital Inc (NYSE: HTGC) Right Now?
Hercules Capital Inc (NYSE: HTGC) has a price-to-earnings ratio of 7.96x that is above its average ratio. Additionally, the 36-month beta value for HTGC is 1.32. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for HTGC is 155.23M and currently, short sellers hold a 3.31% ratio of that float. The average trading volume of HTGC on April 05, 2024 was 953.91K shares.
HTGC’s Market Performance
The stock of Hercules Capital Inc (HTGC) has seen a -1.09% decrease in the past week, with a 0.06% rise in the past month, and a 9.46% gain in the past quarter. The volatility ratio for the week is 1.35%, and the volatility levels for the past 30 days are at 1.46% for HTGC. The simple moving average for the last 20 days is -0.37% for HTGC stock, with a simple moving average of 10.56% for the last 200 days.
Analysts’ Opinion of HTGC
Many brokerage firms have already submitted their reports for HTGC stocks, with Compass Point repeating the rating for HTGC by listing it as a “Neutral.” The predicted price for HTGC in the upcoming period, according to Compass Point is $17.50 based on the research report published on January 16, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see HTGC reach a price target of $17. The rating they have provided for HTGC stocks is “Neutral” according to the report published on November 21st, 2023.
Compass Point gave a rating of “Buy” to HTGC, setting the target price at $17.50 in the report published on August 30th of the previous year.
HTGC Trading at 1.41% from the 50-Day Moving Average
After a stumble in the market that brought HTGC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.35% of loss for the given period.
Volatility was left at 1.46%, however, over the last 30 days, the volatility rate increased by 1.35%, as shares sank -1.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.61% upper at present.
During the last 5 trading sessions, HTGC fell by -1.09%, which changed the moving average for the period of 200-days by +23.02% in comparison to the 20-day moving average, which settled at $18.23. In addition, Hercules Capital Inc saw 9.46% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HTGC starting from Follmann Christian, who purchase 455 shares at the price of $13.73 back on May 24 ’23. After this action, Follmann Christian now owns 72,634 shares of Hercules Capital Inc, valued at $6,247 using the latest closing price.
Follmann Christian, the Chief Operating Officer of Hercules Capital Inc, sale 455 shares at $13.72 during a trade that took place back on May 24 ’23, which means that Follmann Christian is holding 72,179 shares at $6,243 based on the most recent closing price.
Stock Fundamentals for HTGC
Current profitability levels for the company are sitting at:
- 0.63 for the present operating margin
- 0.87 for the gross margin
The net margin for Hercules Capital Inc stands at 0.79. The total capital return value is set at 0.08. Equity return is now at value 20.83, with 10.35 for asset returns.
Based on Hercules Capital Inc (HTGC), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.87. The interest coverage ratio of the stock is 3.97.
Currently, EBITDA for the company is 268.69 million with net debt to EBITDA at -18.5. When we switch over and look at the enterprise to sales, we see a ratio of 10.17. The receivables turnover for the company is 13.03for trailing twelve months and the total asset turnover is 0.12.
Conclusion
In conclusion, Hercules Capital Inc (HTGC) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
