The price-to-earnings ratio for Hercules Capital Inc (NYSE: HTGC) is above average at 10.33x. The 36-month beta value for HTGC is also noteworthy at 1.36. 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 159.27M, and at present, short sellers hold a 3.77% of that float. The average trading volume of HTGC on August 20, 2024 was 1.07M shares.
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HTGC) stock’s latest price update
Hercules Capital Inc (NYSE: HTGC)’s stock price has plunge by -1.25relation to previous closing price of 18.63. Nevertheless, the company has seen a 2.66% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-19 that Two REITs with higher-than-average yields (above 5%) could be considered riskier due to their higher-than-average payout ratios. Easterly Government Properties and Gaming and Leisure Properties payout ratios are higher than their peers, VICI Properties and Cousins Properties. Investors should be cautious of investing in companies with high payout ratios, as any sudden economic downturn or tenant issues could result in a dividend cut.
HTGC’s Market Performance
HTGC’s stock has risen by 2.66% in the past week, with a monthly drop of -13.90% and a quarterly drop of -5.00%. The volatility ratio for the week is 1.73% while the volatility levels for the last 30 days are 2.70% for Hercules Capital Inc The simple moving average for the last 20 days is -5.65% for HTGC stock, with a simple moving average of 1.60% 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 -8.22% 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 -15.18% of loss for the given period.
Volatility was left at 2.70%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares sank -13.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.15% lower at present.
During the last 5 trading sessions, HTGC rose by +2.54%, which changed the moving average for the period of 200-days by +16.00% in comparison to the 20-day moving average, which settled at $19.42. In addition, Hercules Capital Inc saw 11.76% 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 Theodosopoulos Nikos, who purchase 1,608 shares at the price of $18.03 back on Aug 06 ’24. After this action, Theodosopoulos Nikos now owns 5,613 shares of Hercules Capital Inc, valued at $28,997 using the latest closing price.
Randhawa Paramjeet K, the Director of Hercules Capital Inc, purchase 2,898 shares at $18.07 during a trade that took place back on Aug 06 ’24, which means that Randhawa Paramjeet K is holding 15,972 shares at $52,378 based on the most recent closing price.
Stock Fundamentals for HTGC
Current profitability levels for the company are sitting at:
- 0.59 for the present operating margin
- 0.9 for the gross margin
The net margin for Hercules Capital Inc stands at 0.64. The total capital return value is set at 0.07. Equity return is now at value 15.40, with 7.90 for asset returns.
Based on Hercules Capital Inc (HTGC), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is 5.08.
Currently, EBITDA for the company is 268.69 million with net debt to EBITDA at -20.0. When we switch over and look at the enterprise to sales, we see a ratio of 10.72. The receivables turnover for the company is 13.95for trailing twelve months and the total asset turnover is 0.12.
Conclusion
In summary, Hercules Capital Inc (HTGC) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
