Golub Capital BDC, Inc. (NASDAQ: GBDC)’s stock price has decreased by -1.37 compared to its previous closing price of 16.83. However, the company has seen a -2.24% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-07 that Golub Capital BDC (NASDAQ:GBDC ) Q2 2024 Earnings Conference Call May 7, 2024 11:00 AM ET Company Participants David Golub – Chief Executive Officer Matt Benton – Chief Operating Officer Chris Ericson – Chief Financial Officer Conference Call Participants Finian O’Shea – Wells Fargo Robert Dodd – Raymond James Paul Johnson – KBW Operator Hello, everyone, and welcome to GBDC’s Earnings Call for the Fiscal Quarter Ended March 31st, 2024. Before we begin, I’d like to take a moment to remind our listeners that remarks made during this call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Is It Worth Investing in Golub Capital BDC, Inc. (NASDAQ: GBDC) Right Now?
The price-to-earnings ratio for Golub Capital BDC, Inc. (NASDAQ: GBDC) is above average at 9.14x. The 36-month beta value for GBDC is also noteworthy at 0.58. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for GBDC is 166.23M, and at present, short sellers hold a 2.60% of that float. The average trading volume of GBDC on May 09, 2024 was 840.31K shares.
GBDC’s Market Performance
GBDC’s stock has seen a -2.24% decrease for the week, with a 0.00% drop in the past month and a 8.21% gain in the past quarter. The volatility ratio for the week is 1.62%, and the volatility levels for the past 30 days are at 1.47% for Golub Capital BDC, Inc. The simple moving average for the last 20 days is -1.92% for GBDC stock, with a simple moving average of 9.84% for the last 200 days.
Analysts’ Opinion of GBDC
Raymond James gave a rating of “Outperform” to GBDC, setting the target price at $15.50 in the report published on August 09th of the previous year.
GBDC Trading at 1.20% from the 50-Day Moving Average
After a stumble in the market that brought GBDC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.32% of loss for the given period.
Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.62%, as shares sank -0.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.01% upper at present.
During the last 5 trading sessions, GBDC fell by -2.24%, which changed the moving average for the period of 200-days by +19.77% in comparison to the 20-day moving average, which settled at $16.92. In addition, Golub Capital BDC, Inc. saw 10.43% 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 GBDC starting from Rival Anita J., who purchase 8,000 shares at the price of $13.02 back on May 25 ’23. After this action, Rival Anita J. now owns 69,000 shares of Golub Capital BDC, Inc., valued at $104,160 using the latest closing price.
Stock Fundamentals for GBDC
Current profitability levels for the company are sitting at:
- 0.78 for the present operating margin
- 0.89 for the gross margin
The net margin for Golub Capital BDC, Inc. stands at 0.77. The total capital return value is set at 0.06. Equity return is now at value 12.20, with 5.40 for asset returns.
Based on Golub Capital BDC, Inc. (GBDC), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.26. The interest coverage ratio of the stock is 2.18.
Currently, EBITDA for the company is 292.77 million with net debt to EBITDA at 8.55. When we switch over and look at the enterprise to sales, we see a ratio of 13.04. The receivables turnover for the company is 6.77for trailing twelve months and the total asset turnover is 0.08.
Conclusion
In summary, Golub Capital BDC, Inc. (GBDC) 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.
