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, which equates to a potential upside of 14.25 percent. The minimum price target given was 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days 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.

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. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of TCPC's earnings is estimated by analysts to be -5.62 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of TCPC is -1.82.

In the trailing 52-weeks, TCPC hit 17.47 at the highest peak, while it's lowest trading point was 15.33. The current market price is above the trailing year's low by 8.48 percent, and 4.81 percent lower than its 52-week 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.