Analyst Ratings for TCP Capital Corp. (TCPC)Updated: 2017-07-27
Analysts covering TCP Capital Corp. (NASDAQ:TCPC) have given it a consensus rating of Buy. Last month, TCPC received an average rating of Overweight.
A buy rating was issued by 7 analysts, 1 gave an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
TCPC was given price targets by several analysts. The highest price target was 19, which equates to a potential upside of 14.25 percent. The most pessimistic analyst gave a price target of 17, implying a possible loss of 2.22 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.28 percent. 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 -1.61 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. 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.
The growth rate of TCPC's earnings is estimated by analysts to be -5.62 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of TCPC is -1.82.
In the last 52-weeks, TCPC has achieved a high of 17.47 and a low of 15.33. The current market price is above the trailing year's low by 8.48 percent, and 4.81 percent below the high. TCPC has a P/E ratio of 10.25. Investors typically compare the P/E ratio to a company's peers in the industry. The TCPC value stock report compares TCPC to some of its peers using value stock charts. The market cap of TCPC is $0.9736 billion. TCPC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.