Hercules Capital (NYSE:HTGC) will be posting its quarterly earnings results after the market closes on Thursday, February 22nd. Analysts expect Hercules Capital to post earnings of $0.29 per share for the quarter.
Shares of Hercules Capital (HTGC) opened at $12.61 on Tuesday. Hercules Capital has a 12 month low of $11.64 and a 12 month high of $15.68. The company has a market cap of $1,060.00, a P/E ratio of 13.86, a PEG ratio of 1.97 and a beta of 0.74. The company has a quick ratio of 8.34, a current ratio of 8.34 and a debt-to-equity ratio of 0.87.
A hedge fund recently raised its stake in Hercules Capital stock. The Manufacturers Life Insurance Company raised its position in shares of Hercules Capital Inc (NYSE:HTGC) by 29.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,858 shares of the financial services provider’s stock after purchasing an additional 2,034 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Hercules Capital were worth $117,000 as of its most recent SEC filing. Institutional investors and hedge funds own 37.65% of the company’s stock.
A number of analysts have recently commented on the stock. Sandler O’Neill reiterated a “hold” rating and issued a $14.00 price target on shares of Hercules Capital in a research note on Wednesday, January 10th. Wedbush upgraded shares of Hercules Capital from a “neutral” rating to an “outperform” rating and set a $13.75 price target for the company in a research note on Wednesday, February 7th. Zacks Investment Research lowered shares of Hercules Capital from a “buy” rating to a “hold” rating in a research note on Tuesday, January 16th. Raymond James Financial upgraded shares of Hercules Capital from an “underperform” rating to a “market perform” rating in a research note on Friday, November 3rd. Finally, ValuEngine raised shares of Hercules Capital from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Six equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Hercules Capital has a consensus rating of “Buy” and an average price target of $14.43.
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About Hercules Capital
Hercules Capital, Inc is a specialty finance company. The Company is an internally managed, non-diversified, closed-end investment company. The Company focuses on providing senior secured venture growth loans to venture capital-backed companies in a range of technology, life sciences, and sustainable and renewable technology industries.
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