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 maximum price target given was 19.5, which equates to a potential upside of 18.76 percent. The minimum price target given was 15, implying a possible loss 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.35 percent on average, compared to last month. That number becomes -10 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. If we look at the last 90 days instead, we find a net average change of -8.46 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts decreased their estimates.
ARCC has an estimated earnings growth rate of 5.92 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at 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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies 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. Currently the stock is 9.39 percent higher than its low, 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 stock has a market capitalization of $7 billion. ARCC will post this quarters earnings in days, on 0000-00-00.