Analyst Ratings for Solar Capital Ltd. (SLRC)

Updated: 2017-07-27

Shares of Solar Capital Ltd. (NASDAQ:SLRC) have received a consensus rating of Overweight from Wall Street analysts. A consensus rating of Overweight was previously issued for SLRC last month.

A buy rating was issued by 5 analysts, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.

Many analysts weighed in on price targets for SLRC. The highest price target was 24, which equates to a potential upside of 9.74 percent. The most pessimistic price target was 22.4, which equates to a potential downside of 2.42 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 upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -5.73 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -5.11 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

SLRC has an estimated earnings growth rate of -26.93 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. SLRC has a PEG ratio of -0.36.

SLRC has traded between a high of 22.94 and a low of 19.26 over the past year. The current market price is above the trailing year's low by 13.55 percent, and below the high by 4.66 percent. SLRC has a price/earnings ratio of 9.63. Investors typically compare the P/E ratio to a company's peers in the industry. The SLRC value stock report compares SLRC to some of its peers using value stock charts. The stock has a market capitalization of $0.92739 billion. SLRC will post this quarters earnings in days, on 0000-00-00.