Hercules Capital (HTGC) Getting Somewhat Positive Press Coverage, Analysis Finds
News headlines about Hercules Capital (NYSE:HTGC) have been trending somewhat positive recently, Alpha One reports. Alpha One, a subsidiary of Accern, ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hercules Capital earned a coverage optimism score of 0.02 on Alpha One’s scale. Alpha One also assigned news headlines about the financial services provider an impact score of 50 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected Alpha One Sentiment’s rankings:
- Hercules Technology Growth Capital Has Returned 35.0% Since SmarTrend Recommendation (HTGC) (mysmartrend.com)
- [$$] Sungevity Wins Approval of $50 Million Sale (finance.yahoo.com)
- Hercules Capital Inc (HTGC) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
- Hercules Capital : Provides Interim Portfolio Update for Q1 2017 … (4-traders.com)
- Hercules Provides Interim Portfolio Update for Q1 2017 (finance.yahoo.com)
Hercules Capital (NYSE:HTGC) traded down 0.20% during trading on Tuesday, hitting $15.20. The stock had a trading volume of 373,340 shares. The firm has a market cap of $1.26 billion, a P/E ratio of 16.70 and a beta of 0.91. The company has a 50-day moving average of $14.92 and a 200 day moving average of $14.20. Hercules Capital has a 52-week low of $11.55 and a 52-week high of $15.50.
Hercules Capital (NYSE:HTGC) last released its earnings results on Thursday, February 23rd. The financial services provider reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.11. The company had revenue of $47.47 million for the quarter, compared to the consensus estimate of $46.12 million. Hercules Capital had a return on equity of 11.69% and a net margin of 41.18%. Hercules Capital’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.29 earnings per share. On average, equities research analysts predict that Hercules Capital will post $1.32 earnings per share for the current fiscal year.
A number of equities analysts have weighed in on the company. Jefferies Group LLC restated a “buy” rating and issued a $16.00 target price on shares of Hercules Capital in a research note on Friday, April 7th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Hercules Capital in a research note on Thursday, April 6th. Raymond James Financial, Inc. lowered Hercules Capital from an “outperform” rating to a “market perform” rating in a research note on Friday, February 24th. They noted that the move was a valuation call. FBR & Co upped their target price on Hercules Capital from $15.00 to $16.00 and gave the stock an “outperform” rating in a research note on Friday, February 24th. Finally, Zacks Investment Research lowered Hercules Capital from a “buy” rating to a “hold” rating in a research note on Friday, January 27th. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Hercules Capital presently has an average rating of “Buy” and a consensus price target of $14.60.
Hercules Capital Company Profile
Hercules Capital, Inc is a specialty finance company. The Company is an internally managed, non-diversified, closed-end investment company. The Company focuses on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences, and sustainable and renewable technology industries.
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