Goldman Sachs BDC Inc (NYSE: GSBD) has a price-to-earnings ratio of 7.76x that is above its average ratio. Additionally, the 36-month beta value for GSBD is 1.12. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 1 rating it as “sell.”
The public float for GSBD is 112.08M and currently, short sellers hold a 1.47% ratio of that float. The average trading volume of GSBD on August 01, 2024 was 631.29K shares.
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GSBD) stock’s latest price update
Goldman Sachs BDC Inc (NYSE: GSBD)’s stock price has decreased by -0.73 compared to its previous closing price of 14.99. However, the company has seen a -1.13% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-07-26 that Goldman Sachs BDC maintains a high distribution rate of 11.9%. The dividend has never been cut, which makes this a reliable income investment. Portfolio consists of 149 companies, the majority on first lien senior secured basis, with improving credit quality. Non-accruals have decreased quarter over quarter. Current valuation of GSBD is attractive with potential for price recovery due to future interest rate cuts.
GSBD’s Market Performance
Goldman Sachs BDC Inc (GSBD) has experienced a -1.13% fall in stock performance for the past week, with a -3.56% drop in the past month, and a -4.86% drop in the past quarter. The volatility ratio for the week is 1.40%, and the volatility levels for the past 30 days are at 1.13% for GSBD. The simple moving average for the past 20 days is -2.73% for GSBD’s stock, with a -1.24% simple moving average for the past 200 days.
Analysts’ Opinion of GSBD
Many brokerage firms have already submitted their reports for GSBD stocks, with Wells Fargo repeating the rating for GSBD by listing it as a “Underweight.” The predicted price for GSBD in the upcoming period, according to Wells Fargo is $14 based on the research report published on May 29, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see GSBD reach a price target of $16.50. The rating they have provided for GSBD stocks is “Neutral” according to the report published on September 19th, 2022.
GSBD Trading at -2.91% from the 50-Day Moving Average
After a stumble in the market that brought GSBD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.65% of loss for the given period.
Volatility was left at 1.13%, however, over the last 30 days, the volatility rate increased by 1.40%, as shares sank -3.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.68% lower at present.
During the last 5 trading sessions, GSBD fell by -0.83%, which changed the moving average for the period of 200-days by +6.61% in comparison to the 20-day moving average, which settled at $15.27. In addition, Goldman Sachs BDC Inc saw 1.57% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GSBD
Current profitability levels for the company are sitting at:
- 0.79 for the present operating margin
- 0.8 for the gross margin
The net margin for Goldman Sachs BDC Inc stands at 0.62. The total capital return value is set at 0.08. Equity return is now at value 13.10, with 5.90 for asset returns.
Based on Goldman Sachs BDC Inc (GSBD), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.12. The interest coverage ratio of the stock is 2.63.
Currently, EBITDA for the company is 316.73 million with net debt to EBITDA at 6.05. When we switch over and look at the enterprise to sales, we see a ratio of 9.28. The receivables turnover for the company is 9.72for trailing twelve months and the total asset turnover is 0.1.
Conclusion
In conclusion, Goldman Sachs BDC Inc (GSBD) has seen mixed 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.
