The stock of Blackstone Secured Lending Fund (BXSL) has seen a -1.47% decrease in the past week, with a 1.64% gain in the past month, and a 2.79% flourish in the past quarter. The volatility ratio for the week is 1.65%, and the volatility levels for the past 30 days are at 1.42% for BXSL. The simple moving average for the past 20 days is -0.57% for BXSL’s stock, with a 1.29% simple moving average for the past 200 days.
Is It Worth Investing in Blackstone Secured Lending Fund (NYSE: BXSL) Right Now?
Blackstone Secured Lending Fund (NYSE: BXSL) has a price-to-earnings ratio that is above its average at 7.99x. The stock has a 36-month beta value of 0.43. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for BXSL is 184.84M, and at present, short sellers hold a 0.72% of that float. On November 15, 2024, the average trading volume of BXSL was 967.37K shares.
BXSL) stock’s latest price update
The stock of Blackstone Secured Lending Fund (NYSE: BXSL) has decreased by -0.29 when compared to last closing price of 31.00. Despite this, the company has experienced a -1.47% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-12 that Blackstone Secured Lending remains a top pick in the BDC space for income-oriented investors due to its defensive portfolio and solid dividend coverage. Despite another interest rate cut, BXSL’s regular dividend payments are expected to withstand several more, maintaining decent coverage. BXSL’s valuation has slightly increased, but it still offers moderate upside potential.
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 1.62% 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 -5.39% of loss for the given period.
Volatility was left at 1.42%, however, over the last 30 days, the volatility rate increased by 1.65%, as shares surge +1.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.69% upper at present.
During the last 5 trading sessions, BXSL fell by -1.47%, which changed the moving average for the period of 200-days by +8.04% in comparison to the 20-day moving average, which settled at $31.09. In addition, Blackstone Secured Lending Fund saw 11.83% 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:
- 0.89 for the present operating margin
- 0.88 for the gross margin
The net margin for Blackstone Secured Lending Fund stands at 0.71. 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 3.35.
When we switch over and look at the enterprise to sales, we see a ratio of 12.54. The receivables turnover for the company is 5.85for trailing twelve months and the total asset turnover is 0.08.
Conclusion
To sum up, Blackstone Secured Lending Fund (BXSL) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
