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Goldman Sachs BDC (GSBD) Stock Moves -0.78%: What You Should Know
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In the latest trading session, Goldman Sachs BDC (GSBD - Free Report) closed at $14.01, marking a -0.78% move from the previous day. This change was narrower than the S&P 500's 1.37% loss on the day. Elsewhere, the Dow lost 1.29%, while the tech-heavy Nasdaq lost 1.87%.
Heading into today, shares of the specialty finance company had lost 2.49% over the past month, outpacing the Finance sector's loss of 4.93% and the S&P 500's loss of 4.93% in that time.
Wall Street will be looking for positivity from Goldman Sachs BDC as it approaches its next earnings report date. In that report, analysts expect Goldman Sachs BDC to post earnings of $0.57 per share. This would mark year-over-year growth of 1.79%. Our most recent consensus estimate is calling for quarterly revenue of $113.62 million, up 19.32% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.18 per share and revenue of $447.16 million. These totals would mark changes of -2.68% and +25.09%, respectively, from last year.
Any recent changes to analyst estimates for Goldman Sachs BDC should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
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. The Zacks Consensus EPS estimate remained stagnant within the past month. Goldman Sachs BDC is holding a Zacks Rank of #1 (Strong Buy) right now.
Digging into valuation, Goldman Sachs BDC currently has a Forward P/E ratio of 6.47. Its industry sports an average Forward P/E of 7.31, so we one might conclude that Goldman Sachs BDC is trading at a discount comparatively.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 29, which puts it in the top 12% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Goldman Sachs BDC (GSBD) Stock Moves -0.78%: What You Should Know
In the latest trading session, Goldman Sachs BDC (GSBD - Free Report) closed at $14.01, marking a -0.78% move from the previous day. This change was narrower than the S&P 500's 1.37% loss on the day. Elsewhere, the Dow lost 1.29%, while the tech-heavy Nasdaq lost 1.87%.
Heading into today, shares of the specialty finance company had lost 2.49% over the past month, outpacing the Finance sector's loss of 4.93% and the S&P 500's loss of 4.93% in that time.
Wall Street will be looking for positivity from Goldman Sachs BDC as it approaches its next earnings report date. In that report, analysts expect Goldman Sachs BDC to post earnings of $0.57 per share. This would mark year-over-year growth of 1.79%. Our most recent consensus estimate is calling for quarterly revenue of $113.62 million, up 19.32% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $2.18 per share and revenue of $447.16 million. These totals would mark changes of -2.68% and +25.09%, respectively, from last year.
Any recent changes to analyst estimates for Goldman Sachs BDC should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
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. The Zacks Consensus EPS estimate remained stagnant within the past month. Goldman Sachs BDC is holding a Zacks Rank of #1 (Strong Buy) right now.
Digging into valuation, Goldman Sachs BDC currently has a Forward P/E ratio of 6.47. Its industry sports an average Forward P/E of 7.31, so we one might conclude that Goldman Sachs BDC is trading at a discount comparatively.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 29, which puts it in the top 12% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.