$0.17 EPS Expected for Gladstone Investment Corporation (GAIN)

September 28, 2017 - By Clifton Ray

Investors sentiment decreased to 1.5 in 2017 Q2. Its down 0.03, from 1.53 in 2017Q1. It dropped, as 3 investors sold Gladstone Investment Corporation shares while 17 reduced holdings. 15 funds opened positions while 15 raised stakes. 5.23 million shares or 4.60% more from 5.00 million shares in 2017Q1 were reported.
State Bank Of Montreal Can, a Ontario - Canada-based fund reported 364,000 shares. Gsa Cap Ptnrs Llp accumulated 0.15% or 242,700 shares. Wfg Advsr L P reported 60,928 shares. Tower Research Cap (Trc) holds 0% or 200 shares. Airain has 0% invested in Gladstone Investment Corporation (NASDAQ:GAIN). Cue Finance Grp accumulated 216,750 shares. Wells Fargo Co Mn has invested 0% in Gladstone Investment Corporation (NASDAQ:GAIN). Deutsche Bank Ag, Germany-based fund reported 2,600 shares. Glenmede Trust Na owns 147 shares. The Ontario - Canada-based Sprott Incorporated has invested 0.01% in Gladstone Investment Corporation (NASDAQ:GAIN). Moreover, Winslow Evans And Crocker Inc has 0% invested in Gladstone Investment Corporation (NASDAQ:GAIN) for 475 shares. Barclays Public Limited Co reported 67 shares. Icm Asset Mgmt Wa reported 60,945 shares. The California-based California Public Employees Retirement has invested 0% in Gladstone Investment Corporation (NASDAQ:GAIN). Outfitter Advisors Limited holds 0.86% in Gladstone Investment Corporation (NASDAQ:GAIN) or 246,265 shares.

Since June 14, 2017, it had 1 insider purchase, and 0 sales for $222,028 activity.

Investors wait Gladstone Investment Corporation (NASDAQ:GAIN) to report on November, 1. its quarterly earnings Wall Street analysts expect $0.17 earnings per share, $0.00 or 0.00 % from last year’s $0.17 same quarter earnings. This translates into $5.53M profit for GAIN giving the stock a 13.87 P/E. This is assuming the current $0.17 EPS is accurate. Gladstone Investment Corporation’s Wall Street analysts see 0.00 % EPS growth, taking into account the $0.17 EPS reproted in the previous quarter, The stock increased 0.64% or $0.06 on September 27, reaching $9.43. About 131,101 shares traded or 17.69% up from the average. Gladstone Investment Corporation (NASDAQ:GAIN) has risen 34.32% since September 28, 2016 and is uptrending. It has outperformed by 17.62% the S&P500.

Gladstone Investment Corporation (NASDAQ:GAIN) Ratings Coverage

Among 4 analysts covering Gladstone Investment (NASDAQ:GAIN), 2 have Buy rating, 1 Sell and 1 Hold. Therefore 50% are positive. Gladstone Investment had 6 analyst reports since August 24, 2015 according to SRatingsIntel. On Friday, September 22 the stock rating was maintained by Jefferies with “Hold”. The stock of Gladstone Investment Corporation (NASDAQ:GAIN) has “Buy” rating given on Friday, April 29 by Janney Capital. On Monday, August 24 the stock rating was upgraded by Zacks to “Sell”. The firm has “Sell” rating given on Monday, September 21 by Zacks. The firm has “Hold” rating by Jefferies given on Tuesday, August 15.

Gladstone Investment Corporation is an externally managed, closed-end, non-diversified management investment company. The company has market cap of $306.72 million. The Company’s investment objectives are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities, generally in combination with the aforementioned debt securities, of businesses that it believes can grow over time to permit it to sell its equity investments for capital gains. It has a 10.17 P/E ratio. It has investments in sectors, such as chemicals, plastics, and rubber, and home and office furnishings, house wares, and durable consumer products, among others.

More notable recent Gladstone Investment Corporation (NASDAQ:GAIN) news were published by: Globenewswire.com which released: “Gladstone Investment Corporation is Pleased to Announce the Sale of One of its …” on April 13, 2017, also Seekingalpha.com with their article: “Gladstone Investment Corp.: Buy Low, Sell High” published on February 23, 2017, Seekingalpha.com published: “Gladstone Investment Corporation: Monthly Dividends With An 8%+ Yield” on June 15, 2017. More interesting news about Gladstone Investment Corporation (NASDAQ:GAIN) were released by: Seekingalpha.com and their article: “How The Gladstone Company Preferred Stocks Stack Up” published on September 21, 2017 as well as Nasdaq.com‘s news article titled: “Gladstone Investment Corp (GAIN) CEO David Gladstone Bought $222000 of Shares” with publication date: June 16, 2017.

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