Analyst Ratings for Ares Capital Corp. (ARCC)Updated: 2017-07-28
An average rating of Overweight has been given to Ares Capital Corp. (NASDAQ:ARCC) by analysts covering the stock. Last month, ARCC received an average rating of Overweight.
Of the 14 analysts covering the stock, 9 gave it a buy rating, 1 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Investment analysts gave a few price targets for ARCC. The most optimistic analyst gave a price target of 19.5, implying potential capital gains of 18.76 percent. The most pessimistic price target was 15, implying potential capital losses of -8.65 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.35 percent. The average change in earnings estimates over the last 90 days is -10 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -8.46 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.
The growth rate of ARCC's earnings is estimated by analysts to be 5.92 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of ARCC is 2.03.
In the trailing 52-weeks, ARCC hit 17.87 at the highest peak, while it's lowest trading point was 15.01. The current market price is above the trailing year's low by 9.39 percent, and 8.11 percent lower than its 52-week high. ARCC has a price/earnings ratio of 11.99. Investors typically compare the P/E ratio to a company's peers in the industry. The ARCC value stock report compares ARCC to some of its peers using value stock charts. The market cap of ARCC is $7 billion. ARCC's next earnings release will be on 0000-00-00, which is days away.