The stock of Goldman Sachs BDC Inc (GSBD) has gone down by -2.74% for the week, with a -7.40% drop in the past month and a -7.80% drop in the past quarter. The volatility ratio for the week is 2.23%, and the volatility levels for the past 30 days are 1.68% for GSBD. The simple moving average for the past 20 days is -3.61% for GSBD’s stock, with a -13.41% simple moving average for the past 200 days.
Is It Worth Investing in Goldman Sachs BDC Inc (NYSE: GSBD) Right Now?
Goldman Sachs BDC Inc (NYSE: GSBD) has a higher price-to-earnings ratio of 18.76x compared to its average ratio. GSBD has 36-month beta value of 1.10. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”
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The public float for GSBD is 117.15M, and currently, short sellers hold a 1.29% ratio of that float. The average trading volume of GSBD on November 15, 2024 was 636.75K shares.
GSBD) stock’s latest price update
Goldman Sachs BDC Inc (NYSE: GSBD)’s stock price has decreased by -0.62 compared to its previous closing price of 12.84. However, the company has seen a -2.74% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-13 that Goldman Sachs BDC offers a high 14% yield and trades at a 4% discount to NAV, making it an attractive buy. The BDC’s dividend is well-covered by net investment income, with a 78% payout ratio in 3Q24, ensuring dividend sustainability. Improving non-accrual ratio and strong gross originations highlight Goldman Sachs BDC’s solid portfolio performance and potential for capital appreciation.
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 “Equal Weight.” The predicted price for GSBD in the upcoming period, according to Wells Fargo is $12 based on the research report published on August 12, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see GSBD reach a price target of $14, previously predicting the price at $15. The rating they have provided for GSBD stocks is “Underweight” according to the report published on May 29th, 2024.
BofA Securities gave a rating of “Neutral” to GSBD, setting the target price at $16.50 in the report published on September 19th of the previous year.
GSBD Trading at -6.58% 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 -19.95% of loss for the given period.
Volatility was left at 1.68%, however, over the last 30 days, the volatility rate increased by 2.23%, as shares sank -6.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.44% lower at present.
During the last 5 trading sessions, GSBD fell by -2.74%, which changed the moving average for the period of 200-days by -15.66% in comparison to the 20-day moving average, which settled at $13.24. In addition, Goldman Sachs BDC Inc saw -12.90% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for GSBD
Current profitability levels for the company are sitting at:
- 0.64 for the present operating margin
- 0.86 for the gross margin
The net margin for Goldman Sachs BDC Inc stands at 0.21. The total capital return value is set at 0.07.
Currently, EBITDA for the company is -46.65 million with net debt to EBITDA at 1.11. When we switch over and look at the enterprise to sales, we see a ratio of 3.91. The receivables turnover for the company is 11.25for trailing twelve months and the total asset turnover is 0.1.
Conclusion
To put it simply, Goldman Sachs BDC Inc (GSBD) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
