For its first fiscal quarter (ending March 31), Hercules Capital Inc (NYSE: HTGC) has reported a -17% decline in E.P.S. from $0.69 a year ago to $0.57 in the current quarter. Relative to the consensus estimate of $0.50, this was a premium of $0.07. For the latest four quarters through March 31, E.P.S. were $2.20 versus $1.49 for the same period a year ago — an increase of 48%.
Recent Price Action
Hercules Capital Inc (NYSE: HTGC) stock closed at $19.30 on 5/2/24 after being unchanged was unchanged. NORMAL trading volume accompanied the flat performance. Relative to the market the stock has been strong over the last nine months and has risen 1.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HTGC is expected to continue to be a major Value Builder.
Hercules Capital has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Hercules Capital has a slightly negative Appreciation Score of 39 but a slightly positive Power Rating of 68, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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