In that report, analysts expect Goldman Sachs BDC to post earnings of $0.57 per share. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $113.62 million, up 19.32% from the year-ago period. Goldman Sachs BDC announced a quarterly dividend on Thursday, August 3rd. Investors of record on Saturday, September 30th will be paid a dividend of $0.45 per share on Friday, October 27th.
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Our Quantitative Research team models direct competitors or comparable companies
from a bottom-up perspective to find companies describing their business in a
similar fashion.
Goldman Sachs BDC (GSBD) Outpaces Stock Market Gains: What ….
Posted: Fri, 08 Sep 2023 22:00:00 GMT [source]
Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Any recent changes to analyst estimates for Goldman Sachs BDC should also be noted by investors.
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GSBD’s historical performance
against its industry peers and the overall market.
The Financial – SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 21, which puts it in the top 9% of all 250+ industries. For the full year, our Zacks Consensus Estimates are projecting earnings of $2.18 per share and revenue of $447.16 million, which would represent changes of -2.68% and +25.09%, respectively, from the prior year. Nearly half (48%) of family offices plan to buy stocks this year, according to Goldman 2023 Family Office Investment Insight Report. Provides a general description of the business conducted by this company.
Investors need to pay close attention to Goldman Sachs (GSBD) stock based on the movements in the options market lately. Upgrade to MarketBeat All Access to add more stocks to your watchlist. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
Goldman Sachs BDC CFO Resigns John Lanza Appointed Interim ….
Posted: Wed, 13 Sep 2023 20:50:53 GMT [source]
Sign-up to receive the latest news and ratings for GSBD and its competitors with MarketBeat’s FREE daily newsletter. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), https://1investing.in/ which combines the weighted average of the individual style scores into one score. Plus, GSBD info will be updated daily in your Zacks.com Portfolio Tracker – also free. We’d like to share more about how we work and what drives our day-to-day business.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. According to 5 analysts, the average rating for GSBD stock is “Hold.” The 12-month stock price forecast is $14.5, which is a decrease of -0.55% from the latest price.
Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company’s origination strategy focuses on leading the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. The investment bank’s specialty lending arm, rose on their first day of trade Wednesday, after pricing at the low end of their price range late Tuesday. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. This model considers these estimate changes and provides a simple, actionable rating system. Goldman Sachs BDC will be looking to display strength as it nears its next earnings release.
Valuation is also important, so investors should note that Goldman Sachs BDC has a Forward P/E ratio of 6.56 right now. This valuation marks a discount compared to its industry’s average Forward P/E of 7.23. The Barchart Technical Opinion rating is a 72% Buy with a Strongest short term outlook on maintaining the current direction. Goldman Sachs BDC (GSBD) closed the most recent trading day at $13.56, moving +0.44% from the previous trading session. Goldman Sachs BDC (GSBD) closed at $13.87 in the latest trading session, marking a +0.87% move from the prior day.
View analysts price targets for GSBD or view top-rated stocks among Wall Street analysts. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
Their GSBD share price forecasts range from $14.50 to $16.50. On average, they anticipate the company’s share price to reach $15.67 in the next year. This suggests a possible upside of 7.5% from the stock’s current price.
Goldman Sachs BDC’s stock was trading at $13.72 at the beginning of 2023. Since then, GSBD stock has increased by 6.2% and is now trading at $14.57. MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. The technique has proven to be very useful for finding positive surprises. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.
Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook. Prior to today’s trading, shares of the specialty finance company sushi roll reversal pattern had lost 1.24% over the past month. This has was narrower than the Finance sector’s loss of 4.09% and the S&P 500’s loss of 1.27% in that time. Style is an investment factor that has a meaningful impact on investment risk and returns.