Should I hold on to my Prospect Capital position and sell Bank of New York?
|By Vlad Skutelnik|
valuation ideas prospect capital financial services asset management
Is the stock valuation justified? Here I will cover Prospect Capital prospective on valuation to give you a better outlook on taking a position in this stock. We found thirty-four available financial ratios for Prospect Capital which can be compared to its competitors. To make sure the equity is not overpriced, please check all Prospect Capital fundamentals including its Cash per Share, Short Ratio and the relationship between EBITDA and Current Ratio . Given that Prospect Capital has Price to Earning of 11.15X, we recommend you check out Prospect Capital recent market performance to make sure the company can sustain itself down the road. Use Prospect Capital to protect your portfolios against small markets fluctuations. The stock experiences somewhat bearish sentiment, but market may correct it shortly. Check odds of Prospect Capital to be traded at $6.43 in 30 days.
This firm currently holds 2.38B in liabilities with Debt to Equity (D/E) ratio of 71.4 indicating the organisation may have difficulties to generate enough cash to satisfy its financial obligations. Prospect Capital dividends can provide a clue to current valuation of the stock. The firm one year expected dividend income is about $0.14 per share. The company has Profit Margin (PM) of 30.82 % which can be a sign that it executes well on its competitive strategies and has a good control over its expenditures. This is very large.
Prospect Capital operates its asset almost 5.1 pct., making $0.051 for each dollar of asset held by the company. An accumulating assets utilization implies the company is being more effective with each dollar of asset it holds. In other words assets utilization of Prospect Capital shows how effective it operates for each dollar spent on its asset. The small decline in market price for the last few months may encourage investors to take a closer look at the company as it closed today at a share price of 6.62 on 920112 in trading volume. The company management did not add much value to Prospect Capital investors in June. However, diversifying your holdings with Prospect Capital or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 1.2382. The below-average Stock volatility is a good sign for a longer term investment options and for buy-and-hold investors. Prospect Capital discloses 71.40% in debt to equity. Prospect Capital is trading at 6.63. This is 1.19 percent decrease. Day Low was 6.62. Prospect Capital Price to Book Value is decreasing over the last 5 years. Further, Prospect Capital Profit Margin is decreasing over the last 5 years.
|2018||2019 (projected)||Prospect Capital Cash and Equivalents Turnover||16.52||37.17||Prospect Capital Accrued Expenses Turnover||11.06||13.08|
All things considered, our primary buy or sell advice on the company is Strong Hold. Prospect Capital is currently overvalued with close to average odds of financial turmoil for the next two years.
Prospect Capital Valuation Drivers
|Click cells to compare fundamentals||View All Correlations|
Purchase by Eliasek M Grier of 10000 shares of Prospect Capital
|Prospect Capital Corporation insider trading alert for perchase of common stock by Eliasek M Grier, CHIEF OPERATING OFFICER, on July 7, 2019. This event was filed by Prospect Capital Corp with SEC on 2017-11-30. Statement of changes in beneficial ownership - SEC Form 4 [view details]|
|Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management. View Profile|
|This media report from Macroaxis distributed on July 17, 2019 was a factor to the next trading day price appreciation.The trading delta at closing time against the next closing price was 0.30% . The trading delta at closing time when the story was published against the current closing price is 0.30% .|
Similar stores for Prospect Capital
Timber Hill Stake in Prospect Capital Upped by 314,400 Cbre Clarion Securities Has Boosted American Electric Power Co. In Holding by 2.17 Million Stock Price Rose The EN HeraldTimber Hill Llc increased its stake in Prospect Capital Corp by 163.24 percent based on its latest 2019Q1 regulatory filing with the SEC. Timber Hill Llc Cbre ...
Are Sysco Corporations High Returns Really That Great Yahoo FinanceToday we are going to look at Sysco Corporation to see whether it might be an attractive investment prospect. In particular, well consider its Return ...
Reviewing Prospect Capital Corporation s and Wins Finance Holdings Inc. s results The InvestReporterSince Prospect Capital Corporation and Wins Finance Holdings Inc. are part of the Asset Management industry, they are ...