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.
Investment analysts gave a few price targets for MAIN. The maximum price target given was 42, implying potential capital gains of 8.09 percent. The most pessimistic price target was 32, implying a possible loss 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.93 percent on average, compared to last month. 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. If we look at the last 90 days instead, we find a net average change of -2.39 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' 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.
MAIN has an estimated earnings growth rate of -22.79 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. MAIN has a PEG ratio of -0.59.
In the last 52-weeks, MAIN has achieved a high of 40.86 and a 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 price/earnings 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.