Golub Capital BDC Inc (NASDAQ: GBDC) has reported earnings for its third fiscal quarter (ending June 30) of $0.05 versus $0.43 for the same period a year ago — a decline of -88%. This result fell short of the consensus estimate of $0.48 by $-0.43. For the latest four quarters through June 30, E.P.S. were $1.59 versus $0.97 for the same period a year ago — an increase of 64%.
Recent Price Action
On 8/5/24, Golub Capital BDC Inc (NASDAQ: GBDC) stock declined modestly by -1.5%, closing at $14.51. Moreover, this decline was accompanied by unusually high trading volume at 180% of normal. The stock has performed in line with the market over the last nine months and has declined -6.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, GBDC is expected to continue to be a Value Builder.
Golub Capital BDC has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Golub Capital BDC has a slightly positive Appreciation Score of 68 and a neutral Power Rating of 50, and the Neutral Value Trend Rating results.
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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