Brokerages Expect Golub Capital BDC Inc (GBDC) to Post $0.32 EPS

Brokerages expect that Golub Capital BDC Inc (NASDAQ:GBDC) will announce earnings per share (EPS) of $0.32 for the current quarter, according to Zacks. Three analysts have made estimates for Golub Capital BDC’s earnings, with estimates ranging from $0.32 to $0.33. Golub Capital BDC also reported earnings of $0.32 per share in the same quarter last year. The firm is scheduled to report its next quarterly earnings report after the market closes on Wednesday, February 7th.

According to Zacks, analysts expect that Golub Capital BDC will report full year earnings of $1.28 per share for the current year, with EPS estimates ranging from $1.28 to $1.29. For the next fiscal year, analysts expect that the company will post earnings of $1.31 per share, with EPS estimates ranging from $1.28 to $1.36. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Golub Capital BDC.

Golub Capital BDC (NASDAQ:GBDC) last announced its quarterly earnings data on Monday, November 20th. The investment management company reported $0.32 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.32. Golub Capital BDC had a net margin of 58.06% and a return on equity of 7.90%. The company had revenue of $34.95 million during the quarter, compared to analyst estimates of $36.78 million. During the same quarter last year, the business posted $0.32 EPS. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis.

Several equities research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Golub Capital BDC from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 24th. ValuEngine upgraded shares of Golub Capital BDC from a “hold” rating to a “buy” rating in a report on Saturday, December 9th. National Securities restated a “neutral” rating and issued a $19.00 price target on shares of Golub Capital BDC in a report on Wednesday, November 22nd. Keefe, Bruyette & Woods set a $20.00 price target on shares of Golub Capital BDC and gave the company a “hold” rating in a report on Friday, October 6th. Finally, BidaskClub lowered shares of Golub Capital BDC from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $19.88.

Shares of Golub Capital BDC (NASDAQ:GBDC) traded down $0.05 on Tuesday, reaching $18.25. 89,299 shares of the company were exchanged, compared to its average volume of 260,446. Golub Capital BDC has a one year low of $17.70 and a one year high of $20.50. The company has a market cap of $1,094.44, a price-to-earnings ratio of 12.96, a price-to-earnings-growth ratio of 1.43 and a beta of 0.67. The company has a quick ratio of 3.56, a current ratio of 3.56 and a debt-to-equity ratio of 0.81.

Several large investors have recently bought and sold shares of the company. Wells Fargo & Company MN raised its holdings in shares of Golub Capital BDC by 15.7% in the 3rd quarter. Wells Fargo & Company MN now owns 1,460,439 shares of the investment management company’s stock valued at $27,486,000 after purchasing an additional 198,503 shares in the last quarter. Schroder Investment Management Group raised its stake in shares of Golub Capital BDC by 4.4% during the 3rd quarter. Schroder Investment Management Group now owns 1,115,289 shares of the investment management company’s stock worth $20,979,000 after acquiring an additional 47,467 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Golub Capital BDC by 4.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 687,682 shares of the investment management company’s stock worth $13,149,000 after acquiring an additional 28,692 shares in the last quarter. Frontier Investment Mgmt Co. raised its stake in shares of Golub Capital BDC by 7.0% during the 2nd quarter. Frontier Investment Mgmt Co. now owns 653,251 shares of the investment management company’s stock worth $12,490,000 after acquiring an additional 42,665 shares in the last quarter. Finally, Bank of Montreal Can raised its stake in shares of Golub Capital BDC by 11.9% during the 4th quarter. Bank of Montreal Can now owns 500,000 shares of the investment management company’s stock worth $9,100,000 after acquiring an additional 53,000 shares in the last quarter. Institutional investors and hedge funds own 40.65% of the company’s stock.

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About Golub Capital BDC

Golub Capital BDC, Inc is an externally managed, non-diversified, closed-end, management investment company. The Company’s investment objective is to generate current income and capital appreciation by investing primarily in senior secured and one stop loans of the United States middle-market companies.

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