Whitehorse Finance Stock Analysis
| WHF Stock | USD 13.00 0.24 1.88% |
WhiteHorse Finance is fairly valued with Real Value of 13.21 and Target Price of 13.8. The main objective of WhiteHorse Finance stock analysis is to determine its intrinsic value, which is an estimate of what WhiteHorse Finance is worth, separate from its market price. There are two main types of WhiteHorse Finance's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect WhiteHorse Finance's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of WhiteHorse Finance's stock to identify patterns and trends that may indicate its future price movements.
The WhiteHorse Finance stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. WhiteHorse Finance is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. WhiteHorse Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and WhiteHorse Finance's ongoing operational relationships across important fundamental and technical indicators.
WhiteHorse |
WhiteHorse Stock Analysis Notes
About 37.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.9. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. WhiteHorse Finance has Price/Earnings To Growth (PEG) ratio of 1.01. The entity last dividend was issued on the 21st of March 2024. WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It typically invests between 5 million to 25 million in companies having enterprise value of between 50 million and 350 million. Whitehorse Finance is traded on NASDAQ Exchange in the United States. For more information please call Jay Carvell at 305 379 2322 or visit https://www.whitehorsefinance.com.WhiteHorse Finance Quarterly Total Revenue |
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WhiteHorse Finance Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. WhiteHorse Finance's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding WhiteHorse Finance or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| On 2nd of April 2024 WhiteHorse Finance paid $ 0.385 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: WhiteHorse Finance, Inc. To Report First Quarter 2024 Financial Results |
WhiteHorse Finance Upcoming and Recent Events
Earnings reports are used by WhiteHorse Finance to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to WhiteHorse Finance previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of February 2024 Upcoming Quarterly Report | View | |
| 14th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 29th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
WhiteHorse Largest EPS Surprises
Earnings surprises can significantly impact WhiteHorse Finance's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2020-08-10 | 2020-06-30 | 0.28 | 0.25 | -0.03 | 10 | ||
2014-05-07 | 2014-03-31 | 0.3 | 0.27 | -0.03 | 10 | ||
2016-11-03 | 2016-09-30 | 0.36 | 0.4 | 0.04 | 11 |
WhiteHorse Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as WhiteHorse Finance is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading WhiteHorse Finance backward and forwards among themselves. WhiteHorse Finance's institutional investor refers to the entity that pools money to purchase WhiteHorse Finance's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Millennium Management Llc | 2023-12-31 | 65.1 K | Quadrature Capital Llp | 2023-12-31 | 62.6 K | Benjamin F. Edwards & Company, Llc | 2023-12-31 | 61.8 K | Blackrock Inc | 2023-12-31 | 60.9 K | Atria Wealth Solutions, Inc. | 2023-12-31 | 58.5 K | Tidal Investments Llc. | 2023-12-31 | 57.7 K | Lpl Financial Corp | 2023-12-31 | 53 K | Virtus Etf Advisers Llc | 2023-12-31 | 45.2 K | Royal Bank Of Canada | 2023-12-31 | 36.4 K | Sound Income Strategies | 2023-12-31 | 753.9 K | Advisors Asset Management | 2023-12-31 | 211.4 K |
WhiteHorse Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 296.58 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WhiteHorse Finance's market, we take the total number of its shares issued and multiply it by WhiteHorse Finance's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.WhiteHorse Profitablity
WhiteHorse Finance's profitability indicators refer to fundamental financial ratios that showcase WhiteHorse Finance's ability to generate income relative to its revenue or operating costs. If, let's say, WhiteHorse Finance is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, WhiteHorse Finance's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of WhiteHorse Finance's profitability requires more research than a typical breakdown of WhiteHorse Finance's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.2 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.72 %, which entails that for every 100 dollars of revenue, it generated $0.72 of operating income. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.07 | 0.07 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.06 | 0.11 |
Management Efficiency
WhiteHorse Finance has Return on Asset of 0.0602 % which means that on every $100 spent on assets, it made $0.0602 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0629 %, implying that it generated $0.0629 on every 100 dollars invested. WhiteHorse Finance's management efficiency ratios could be used to measure how well WhiteHorse Finance manages its routine affairs as well as how well it operates its assets and liabilities. The WhiteHorse Finance's current Return On Equity is estimated to increase to 0.11, while Return On Tangible Assets are projected to decrease to 0.03. At this time, WhiteHorse Finance's Non Currrent Assets Other are most likely to decrease significantly in the upcoming years. The WhiteHorse Finance's current Asset Turnover is estimated to increase to 0.15, while Total Assets are projected to decrease to roughly 622.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 13.63 | 16.51 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 13.63 | 16.51 | |
| Enterprise Value Over EBITDA | 12.81 | 10.46 | |
| Price Book Value Ratio | 0.90 | 0.71 | |
| Enterprise Value Multiple | 12.81 | 10.46 | |
| Price Fair Value | 0.90 | 0.71 | |
| Enterprise Value | 648.2 M | 361.2 M |
The analysis of WhiteHorse Finance's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze WhiteHorse Finance's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of WhiteHorse Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.1207 | Forward Dividend Yield 0.1207 | Forward Dividend Rate 1.54 | Beta 1.315 |
Technical Drivers
As of the 24th of April, WhiteHorse Finance maintains the Mean Deviation of 0.7409, downside deviation of 1.01, and Market Risk Adjusted Performance of 0.2186. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of WhiteHorse Finance, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for WhiteHorse Finance, which can be compared to its peers. Please check out WhiteHorse Finance jensen alpha, as well as the relationship between the potential upside and skewness to decide if WhiteHorse Finance is priced fairly, providing market reflects its latest price of 13.0 per share. Given that WhiteHorse Finance has jensen alpha of 0.0397, we strongly advise you to confirm WhiteHorse Finance's prevalent market performance to make sure the company can sustain itself at a future point.WhiteHorse Finance Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. WhiteHorse Finance middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for WhiteHorse Finance. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
WhiteHorse Finance Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific WhiteHorse Finance insiders, such as employees or executives, is commonly permitted as long as it does not rely on WhiteHorse Finance's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases WhiteHorse Finance insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Smith G Stacy over three weeks ago Disposition of 3000 shares by Smith G Stacy of WhiteHorse Finance at 14.473 subject to Rule 16b-3 | ||
Gerhard Lombard over a month ago Acquisition by Gerhard Lombard of 1300 shares of WhiteHorse Finance at 9.92 subject to Rule 16b-3 | ||
Tamer Anthony over six months ago Purchase by Tamer Anthony of 7700 shares of WhiteHorse Finance |
WhiteHorse Finance Predictive Daily Indicators
WhiteHorse Finance intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of WhiteHorse Finance stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
WhiteHorse Finance Corporate Filings
F3 | 18th of April 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
8K | 16th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 10th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 18th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10K | 5th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 29th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 9th of February 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 25th of January 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
WhiteHorse Finance Forecast Models
WhiteHorse Finance's time-series forecasting models are one of many WhiteHorse Finance's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary WhiteHorse Finance's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About WhiteHorse Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how WhiteHorse Finance prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling WhiteHorse shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as WhiteHorse Finance. By using and applying WhiteHorse Stock analysis, traders can create a robust methodology for identifying WhiteHorse entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.20 | 0.31 | |
| Operating Profit Margin | 0.49 | 0.47 | |
| Net Profit Margin | 0.20 | 0.30 | |
| Gross Profit Margin | 0.75 | 0.70 |
Current WhiteHorse Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. WhiteHorse analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. WhiteHorse analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 13.8 | Buy | 6 | Odds |
Most WhiteHorse analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand WhiteHorse stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of WhiteHorse Finance, talking to its executives and customers, or listening to WhiteHorse conference calls.
WhiteHorse Stock Analysis Indicators
WhiteHorse Finance stock analysis indicators help investors evaluate how WhiteHorse Finance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading WhiteHorse Finance shares will generate the highest return on investment. By understating and applying WhiteHorse Finance stock analysis, traders can identify WhiteHorse Finance position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 26.3 M | |
| Common Stock Shares Outstanding | 23.2 M | |
| Total Stockholder Equity | 316.8 M | |
| Tax Provision | 1.1 M | |
| Quarterly Earnings Growth Y O Y | 0.456 | |
| Cash And Short Term Investments | 24.5 M | |
| Cash | 24.5 M | |
| Accounts Payable | 13.1 M | |
| Net Debt | 362.3 M | |
| 50 Day M A | 12.5232 | |
| Total Current Liabilities | 13.1 M | |
| Other Operating Expenses | 52.6 M | |
| Non Current Assets Total | 697.4 M | |
| Forward Price Earnings | 6.9061 | |
| Non Currrent Assets Other | 1.2 M |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WhiteHorse Finance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.Note that the WhiteHorse Finance information on this page should be used as a complementary analysis to other WhiteHorse Finance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for WhiteHorse Stock analysis
When running WhiteHorse Finance's price analysis, check to measure WhiteHorse Finance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WhiteHorse Finance is operating at the current time. Most of WhiteHorse Finance's value examination focuses on studying past and present price action to predict the probability of WhiteHorse Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WhiteHorse Finance's price. Additionally, you may evaluate how the addition of WhiteHorse Finance to your portfolios can decrease your overall portfolio volatility.
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Is WhiteHorse Finance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WhiteHorse Finance. If investors know WhiteHorse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WhiteHorse Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.456 | Dividend Share 1.48 | Earnings Share 0.88 | Revenue Per Share 4.443 | Quarterly Revenue Growth (0.01) |
The market value of WhiteHorse Finance is measured differently than its book value, which is the value of WhiteHorse that is recorded on the company's balance sheet. Investors also form their own opinion of WhiteHorse Finance's value that differs from its market value or its book value, called intrinsic value, which is WhiteHorse Finance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WhiteHorse Finance's market value can be influenced by many factors that don't directly affect WhiteHorse Finance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WhiteHorse Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if WhiteHorse Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WhiteHorse Finance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.