EPS for Alcentra Capital Corp (ABDC) Expected At $0.33

October 14, 2017 - By Michael Collier

 EPS for Alcentra Capital Corp (ABDC) Expected At $0.33

Wall Street await Alcentra Capital Corp (NASDAQ:ABDC) to release earnings on November, 2. Analysts forecast EPS of $0.33, down exactly $0.02 or 5.71 % from 2014’s $0.35 EPS. The expected ABDC’s profit could reach $4.64M giving the stock 7.98 P/E in the case that $0.33 earnings per share is reported. After posting $0.36 EPS for the previous quarter, Alcentra Capital Corp’s analysts now forecast -8.33 % negative EPS growth. The stock increased 1.25% or $0.13 on October 13, reaching $10.54. About 37,618 shares traded. Alcentra Capital Corp (NASDAQ:ABDC) has risen 12.32% since October 14, 2016 and is uptrending. It has underperformed by 4.38% the S&P500.

Alcentra Capital Corp (NASDAQ:ABDC) Ratings Coverage

Among 7 analysts covering Alcentra Capital Corp (NASDAQ:ABDC), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. Alcentra Capital Corp had 12 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Alcentra Capital Corp (NASDAQ:ABDC) earned “Outperform” rating by Oppenheimer on Thursday, August 13. Oppenheimer downgraded Alcentra Capital Corp (NASDAQ:ABDC) on Monday, November 7 to “Perform” rating. The rating was initiated by Janney Capital with “Neutral” on Wednesday, June 22. As per Monday, November 7, the company rating was downgraded by Robert W. Baird. Keefe Bruyette & Woods maintained Alcentra Capital Corp (NASDAQ:ABDC) on Sunday, July 23 with “Hold” rating. On Friday, August 4 the stock rating was maintained by Oppenheimer with “Hold”. Raymond James downgraded the stock to “Outperform” rating in Monday, July 17 report. The firm has “Hold” rating by Keefe Bruyette & Woods given on Sunday, August 6. The company was maintained on Wednesday, May 31 by Keefe Bruyette & Woods.

Alcentra Capital Corporation is a specialty finance firm that operates as a non-diversified, closed-end management investment company. The company has market cap of $148.29 million. The Firm operates as a business development firm and a regulated investment company. It has a 21.96 P/E ratio. It provides customized debt and equity financing solutions to lower middle-market companies, which are companies having annual earnings, before interest, taxes, depreciation and amortization of between $5 million and $15 million, and/or revenues of between $10 million and $100 million.

More notable recent Alcentra Capital Corp (NASDAQ:ABDC) news were published by: Seekingalpha.com which released: “Identifying Risk In BDCs – The Alcentra Capital Example” on May 30, 2017, also Seekingalpha.com with their article: “Alcentra Capital: Selling Stock Or Selling Out?” published on May 18, 2017, Prnewswire.com published: “Alcentra Capital Corporation Provides $6 million to Lugano Diamonds and …” on November 03, 2016. More interesting news about Alcentra Capital Corp (NASDAQ:ABDC) were released by: Seekingalpha.com and their article: “Alcentra Capital’s (ABDC) CEO Paul Echausse on Q2 2017 Results – Earnings Call …” published on August 06, 2017 as well as Seekingalpha.com‘s news article titled: “Lessons In What Not To Buy – Alcentra Capital Corp.” with publication date: November 14, 2016.

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