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.
Many analysts weighed in on price targets for TCPC. The maximum price target given was 19, implying potential capital gains of 14.25 percent. The minimum price target given was 17, implying a possible loss 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. The average change in earnings estimates over the last 90 days is -1.28 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -1.61 percent.
Another thing investors often look at is the level of agreement among analysts' 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.
Analysts estimate earnings of TCPC to grow at a rate of -5.62 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, 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, but many choose to perform ratio comparisons with other companies in the industry. TCPC has a PEG ratio of -1.82.
In the trailing 52-weeks, TCPC hit 17.47 at the highest peak, while it's lowest trading point was 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 stock has a market capitalization of $0.9736 billion. TCPC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.