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.
SLRC was given price targets by several analysts. The highest price target was 24, implying a possible profit of 9.74 percent. The lowest price target was 22.4, implying a possible loss of 2.42 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -5.73 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. 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, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their 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. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. SLRC has a PEG ratio of -0.36.
In the trailing 52-weeks, SLRC hit 22.94 at the highest peak, while it's lowest trading point was 19.26. Today's price is 13.55 percent above the 52-week low, and 4.66 percent lower than its 52-week high. 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's next earnings release will be on 0000-00-00, which is days away.