The stock price of Hercules Capital Inc (NYSE: HTGC) has jumped by 0.60 compared to previous close of 19.86. Despite this, the company has seen a fall of -0.79% in its stock price over the last five trading days. zacks.com reported 2024-10-22 that The latest trading day saw Hercules Capital (HTGC) settling at $20.04, representing a -0.89% change from its previous close.
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 11.16x, Company’s 36-month beta value is 1.35.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 3 as “overweight,” 4 as “hold,” and 0 as “sell.”
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The public float for HTGC is 159.41M, and currently, short sellers hold a 3.86% ratio of that floaft. The average trading volume of HTGC on October 25, 2024 was 952.28K shares.
HTGC’s Market Performance
HTGC’s stock has seen a -0.79% decrease for the week, with a 2.25% rise in the past month and a -6.36% fall in the past quarter. The volatility ratio for the week is 1.09%, and the volatility levels for the past 30 days are at 1.29% for Hercules Capital Inc The simple moving average for the last 20 days is 0.35% for HTGC’s stock, with a simple moving average of 5.40% 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 3.30% 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 -7.88% of loss for the given period.
Volatility was left at 1.29%, however, over the last 30 days, the volatility rate increased by 1.09%, as shares surge +2.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.36% upper at present.
During the last 5 trading sessions, HTGC fell by -0.79%, which changed the moving average for the period of 200-days by +14.83% in comparison to the 20-day moving average, which settled at $19.91. In addition, Hercules Capital Inc saw 21.38% 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 Bluestein Scott, who sale 100,000 shares at the price of $19.59 back on Sep 26 ’24. After this action, Bluestein Scott now owns 2,161,207 shares of Hercules Capital Inc, valued at $1,958,640 using the latest closing price.
SCOTT BLUESTEIN, the Officer of Hercules Capital Inc, proposed sale 100,000 shares at $19.54 during a trade that took place back on Sep 26 ’24, which means that SCOTT BLUESTEIN is holding shares at $1,954,000 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.
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 3.7.
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 11.3. The receivables turnover for the company is 13.95for trailing twelve months and the total asset turnover is 0.12.
Conclusion
In a nutshell, Hercules Capital Inc (HTGC) has experienced a mixed performance in recent times. The stock has received mixed “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.
