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 highest price target was 42, which equates to a potential upside of 8.09 percent. The most pessimistic price target was 32, which equates to a potential downside of -17.64 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.93 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.06 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.22 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -2.39 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 1 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of MAIN to grow at a rate of -22.79 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. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. MAIN has a PEG ratio of -0.59.
In the trailing 52-weeks, MAIN hit 40.86 at the highest peak, while it's lowest trading point was 32.12. The current market price is above the trailing year's low by 20.97 percent, and 4.91 percent lower than its 52-week high. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.