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.

Investment analysts gave a few price targets for TCPC. The most optimistic price target was 19, implying a possible profit of 14.25 percent. The most pessimistic analyst gave a price target of 17, which equates to a potential downside of 2.22 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -1.28 percent if we expand the time horizon to include the past 3 months instead of just one. 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 -1.61 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

Analysts estimate earnings of TCPC to grow at a rate of -5.62 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TCPC is -1.82.

TCPC has a 52-week high of 17.47 and a 52-week low of 15.33. Today's price is 8.48 percent above the 52-week low, and 4.81 percent below the high. TCPC has a price/earnings 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.