Analyst Ratings for Main Street Capital Corp. (MAIN)Updated: 2017-07-27
Shares of Main Street Capital Corp. (NYSE:MAIN) have received a consensus rating of Hold from Wall Street analysts. About 30 days ago, MAIN was issued an average rating of Hold.
Of the 6 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 3 issued a hold rating, 0 gave an underweight rating, and 2 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 1.
Several price targets were given for MAIN by the analysts covering the stock. The most optimistic price target was 42, which equates to a potential upside of 8.09 percent. The most pessimistic analyst gave a price target of 32, which equates to a potential downside of -17.64 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 0.93 percent. That number becomes -6.06 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 0.22 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.39 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
MAIN has an estimated earnings growth rate of -22.79 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of MAIN is -0.59.
MAIN has a 52-week high of 40.86 and a 52-week low of 32.12. Today's price is 20.97 percent above the 52-week low, and below the high by 4.91 percent. MAIN has a P/E ratio of 13.45. Investors typically compare the P/E ratio to a company's peers in the industry. The MAIN value stock report compares MAIN to some of its peers using value stock charts. The stock has a market capitalization of $2.17 billion. MAIN will post this quarters earnings in days, on 0000-00-00.