Golub Capital BDC (GBDC) Scheduled to Post Earnings on Monday

Golub Capital BDC (NASDAQ:GBDC) will post its quarterly earnings results after the market closes on Monday, November 20th. Analysts expect Golub Capital BDC to post earnings of $0.48 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Golub Capital BDC Price Performance

Shares of NASDAQ:GBDC opened at $14.90 on Friday. The firm has a market cap of $2.53 billion, a price-to-earnings ratio of 15.36 and a beta of 0.61. Golub Capital BDC has a 1 year low of $12.27 and a 1 year high of $15.10. The company has a current ratio of 1.67, a quick ratio of 1.67 and a debt-to-equity ratio of 1.25. The business has a fifty day simple moving average of $14.44 and a 200 day simple moving average of $13.97.

Institutional Trading of Golub Capital BDC

Several large investors have recently added to or reduced their stakes in GBDC. Neo Ivy Capital Management bought a new stake in shares of Golub Capital BDC during the second quarter valued at approximately $30,000. State of Wyoming bought a new stake in shares of Golub Capital BDC during the second quarter valued at approximately $84,000. BNP Paribas Arbitrage SNC bought a new stake in shares of Golub Capital BDC during the first quarter valued at approximately $102,000. Family Management Corp bought a new stake in shares of Golub Capital BDC during the fourth quarter valued at approximately $144,000. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Golub Capital BDC during the second quarter valued at approximately $148,000. 40.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GBDC. Wells Fargo & Company upped their price target on Golub Capital BDC from $13.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 9th. Oppenheimer upped their target price on Golub Capital BDC from $15.00 to $16.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 9th. StockNews.com initiated coverage on shares of Golub Capital BDC in a research report on Thursday, October 5th. They issued a “hold” rating on the stock. Finally, Raymond James raised shares of Golub Capital BDC from a “market perform” rating to an “outperform” rating and set a $15.50 price objective for the company in a report on Wednesday, August 9th. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $15.50.

About Golub Capital BDC

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.