Their GSBD share price forecasts range from $14.50 to $16.50. On average, they anticipate the company’s share price to reach $15.67 in the next year. This suggests a possible upside of 7.5% from the stock’s current price.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

Zacks Research

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. According to 5 analysts, the average rating for GSBD stock is “Hold.” The 12-month stock price forecast is $14.5, which is a decrease of -0.55% from the latest price.

View analysts price targets for GSBD or view top-rated stocks among Wall Street analysts. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

Valuation is also important, so investors should note that Goldman Sachs BDC has a Forward P/E ratio of 6.56 right now. This valuation marks a discount compared to its industry’s average Forward P/E of 7.23. The Barchart Technical Opinion rating is a 72% Buy with a Strongest short term https://1investing.in/ outlook on maintaining the current direction. Goldman Sachs BDC (GSBD) closed the most recent trading day at $13.56, moving +0.44% from the previous trading session. Goldman Sachs BDC (GSBD) closed at $13.87 in the latest trading session, marking a +0.87% move from the prior day.

Goldman Sachs BDC (GSBD) Price Target & Analyst Ratings

Goldman Sachs BDC (GSBD) closed the most recent trading day at $14.44, moving +0.84% from the previous trading session. Meanwhile, the Dow gained 0.22%, and the Nasdaq, a tech-heavy index, added 0.09%. (GSBD) raised $123 million in an initial public offering (IPO) on Wednesday, March 18th 2015. The company issued 6,000,000 shares at $20.00-$21.00 per share. BofA Merrill Lynch, Goldman Sachs, Morgan Stanley, Citigroup, Credit Suisse and Wells Fargo Securities acted as the underwriters for the IPO and Raymond James and SunTrust Robinson Humphrey were co-managers. The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.

Goldman Sachs BDC Inc is a non-diversified, closed-end management investment company that elected to be regulated as a business development company focused on lending to middle-market companies. It invests primarily in U.S. middle-market companies such as banks and the public debt markets. The company’s origination strategy focuses on leading the negotiation and structuring of the loans or securities in which it invests and holding the investments in its portfolio to maturity.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. This model considers these estimate changes and provides a simple, actionable rating system. Goldman Sachs BDC will be looking to display strength as it nears its next earnings release.

Financial Performance

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. High-growth stocks tend to represent the technology, healthcare, and communications sectors.

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Our Quantitative Research team models direct competitors or comparable companies
from a bottom-up perspective to find companies describing their business in a
similar fashion.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Compare
GSBD’s historical performance
against its industry peers and the overall market.

It generates majority revenue in the form of interest income and dividend income. Goldman Sachs BDC, Inc. is a business development company specializing in middle market and mezzanine investment in private companies. It seeks to invest between $10 million and $75 million in companies with EBITDA between $5 million and $75 million annually.

One share of GSBD stock can currently be purchased for approximately $14.57. Sign-up to receive the latest news and ratings for Goldman Sachs BDC and its competitors with MarketBeat’s FREE daily newsletter. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

Business

A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. The investment bank’s specialty lending arm, rose on their first day of trade Wednesday, after pricing at the low end of their price range late Tuesday. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Goldman Sachs BDC’s stock was trading at $13.72 at the beginning of 2023. Since then, GSBD stock has increased by 6.2% and is now trading at $14.57. MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. The technique has proven to be very useful for finding positive financial repression upsc surprises. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

• Compare
  GSBD’s historical performance
  against its industry peers and the overall market.
• Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
• The consensus rating score for Goldman Sachs BDC is 2.00 while the average consensus rating score for finance companies is 2.40.
• GSBD’s beta can be found in Trading Information at the top of this page.

Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Goldman Sachs BDC saw a decrease in short interest during the month of August. As of August 15th, there was short interest totaling 1,160,000 shares, a decrease of 5.7% from the July 31st total of 1,230,000 shares. Based on an average daily trading volume, of 460,600 shares, the short-interest ratio is currently 2.5 days.

Analyst Ratings

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. GSBD’s beta can be found in Trading Information at the top of this page.

Investors need to pay close attention to Goldman Sachs (GSBD) stock based on the movements in the options market lately. Upgrade to MarketBeat All Access to add more stocks to your watchlist. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

Short Interest (08/31/

Sign-up to receive the latest news and ratings for GSBD and its competitors with MarketBeat’s FREE daily newsletter. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. Plus, GSBD info will be updated daily in your Zacks.com Portfolio Tracker – also free. We’d like to share more about how we work and what drives our day-to-day business.

Goldman Sachs BDC, Inc. invests in middle market companies located in the United States. 4 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Goldman Sachs BDC in the last year. The consensus among Wall Street equities research analysts is that investors should “hold” GSBD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GSBD, but not buy additional shares or sell existing shares. 4 brokerages have issued 1-year target prices for Goldman Sachs BDC’s stock.

This represents a $1.80 dividend on an annualized basis and a yield of 12.35%. According to analysts, Goldman Sachs BDC’s stock has a predicted downside of -4.78% based on their 12-month price targets. Analysts like Goldman Sachs BDC less than other Finance companies. The consensus rating score for Goldman Sachs BDC is 2.00 while the average consensus rating score for finance companies is 2.40.

In that report, analysts expect Goldman Sachs BDC to post earnings of $0.57 per share. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $113.62 million, up 19.32% from the year-ago period. Goldman Sachs BDC announced a quarterly dividend on Thursday, August 3rd. Investors of record on Saturday, September 30th will be paid a dividend of $0.45 per share on Friday, October 27th.