The price-to-earnings ratio for Blackstone Secured Lending Fund. (NYSE: BXSL) is 8.04x, which is above its average ratio. Moreover, the 36-month beta value for BXSL is 0.46. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for BXSL is 184.84M and currently, short sellers hold a 0.74% of that float. On October 24, 2024, BXSL’s average trading volume was 997.65K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
BXSL) stock’s latest price update
The stock price of Blackstone Secured Lending Fund. (NYSE: BXSL) has surged by 0.16 when compared to previous closing price of 31.08, but the company has seen a 2.37% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-23 that September’s investment activity was minimal, with $1,000 invested mainly in Business Development Companies, while I traveled through Hungary, Albania, and Oman. Traveling highlighted the benefits of lower living costs abroad, reinforcing the idea that financial independence is about where and how you live. My September dividend income hit a record $1,141, driven by Ares Capital and MidCap Financial, with a focus on high-yield BDCs.
BXSL’s Market Performance
Blackstone Secured Lending Fund. (BXSL) has seen a 2.37% rise in stock performance for the week, with a 1.50% gain in the past month and a 2.71% surge in the past quarter. The volatility ratio for the week is 1.24%, and the volatility levels for the past 30 days are at 1.20% for BXSL. The simple moving average for the last 20 days is 3.63% for BXSL stock, with a simple moving average of 2.73% for the last 200 days.
Analysts’ Opinion of BXSL
JP Morgan gave a rating of “Overweight” to BXSL, setting the target price at $28.50 in the report published on October 23rd of the previous year.
BXSL Trading at 3.64% from the 50-Day Moving Average
After a stumble in the market that brought BXSL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.71% of loss for the given period.
Volatility was left at 1.20%, however, over the last 30 days, the volatility rate increased by 1.24%, as shares surge +3.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.77% upper at present.
During the last 5 trading sessions, BXSL rose by +2.37%, which changed the moving average for the period of 200-days by +8.47% in comparison to the 20-day moving average, which settled at $30.04. In addition, Blackstone Secured Lending Fund. saw 12.63% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BXSL
Current profitability levels for the company are sitting at:
- 0.81 for the present operating margin
- 0.78 for the gross margin
The net margin for Blackstone Secured Lending Fund. stands at 0.63. The total capital return value is set at 0.08.
Based on Blackstone Secured Lending Fund. (BXSL), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 1.13. The interest coverage ratio of the stock is 3.41.
Currently, EBITDA for the company is 863.28 million with net debt to EBITDA at 6.38. When we switch over and look at the enterprise to sales, we see a ratio of 10.8. The receivables turnover for the company is 6.55for trailing twelve months and the total asset turnover is 0.09.
Conclusion
To wrap up, the performance of Blackstone Secured Lending Fund. (BXSL) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
