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.
A number of analysts gave price targets for MAIN. The maximum price target given was 42, implying potential capital gains of 8.09 percent. The most pessimistic analyst gave a price target of 32, implying a possible loss of -17.64 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
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. Meanwhile, fiscal year estimates have been revised upwards by 0.22 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -2.39 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, 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. It's possible to gain additional insight about growth valuation of a company by looking at the 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, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.