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 most optimistic price target was 19, which equates to a potential upside of 14.25 percent. The lowest price target was 17, implying potential capital losses of 2.22 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of TCPC's earnings is estimated by analysts to be -5.62 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. 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. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies 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. Currently the stock is 8.48 percent higher than its 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.