The stock of Hercules Capital Inc (NYSE: HTGC) has increased by 0.61 when compared to last closing price of 18.95. Despite this, the company has experienced a 3.28% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-21 that Large Cap Value is a value ranking for large cap stocks that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks based on criteria such as sales, earnings, and dividend payments. 54 out of 65 All-Star-Value Dividend stocks offer annual dividends that exceed their price per share.
Is It Worth Investing in Hercules Capital Inc (NYSE: HTGC) Right Now?
The price-to-earnings ratio for Hercules Capital Inc (NYSE: HTGC) is above average at 8.35x. The 36-month beta value for HTGC is also noteworthy at 1.30. 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 155.26M, and at present, short sellers hold a 3.75% of that float. The average trading volume of HTGC on April 26, 2024 was 927.93K shares.
HTGC’s Market Performance
HTGC stock saw an increase of 3.28% in the past week, with a monthly gain of 3.78% and a quarterly increase of 9.04%. The volatility ratio for the week is 1.37%, and the volatility levels for the last 30 days are 1.38% for Hercules Capital Inc (HTGC). The simple moving average for the past 20 days is 3.65% for HTGC’s stock, with a 13.83% simple moving average for the past 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 4.28% 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 able to rebound, for now settling with 0.18% of gains for the given period.
Volatility was left at 1.38%, however, over the last 30 days, the volatility rate increased by 1.37%, as shares surge +3.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.87% upper at present.
During the last 5 trading sessions, HTGC rose by +3.39%, which changed the moving average for the period of 200-days by +21.33% in comparison to the 20-day moving average, which settled at $18.42. In addition, Hercules Capital Inc saw 14.86% 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 10.51. The receivables turnover for the company is 13.03for trailing twelve months and the total asset turnover is 0.12.
Conclusion
In summary, Hercules Capital Inc (HTGC) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
