Should one be buying Fifth Street Finance Corp. (NASDAQ:FSC)?

Fifth Street Finance Corp. (NASDAQ:FSC) moved up 0.52% and closed its last trading session at $5.76. This Finance Sector stock currently has the Market Capitalization of 835.49 Million. The Average Volume for the stock is measured as 670.03 Million. The Stock has a 52-Week High of $6.53 and 52-Week Low of $4.4 following the dates, it touched its 52-Week High on Dec 1, 2015 and 52-Week Low on Feb 24, 2016. Currently, the Return on Assets value for the trailing twelve months is -2.5% with the Return on Equity and Return on Investment of -5% and 5.4% respectively. This firm currently has YTD (year to date) performance of 2.05 Percent which is awesome. The Short Ratio for the stock is 0.

Fifth Street Finance Corp. (NASDAQ:FSC) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-0.41. The TTM operating margin is 41.2 percent.

Fifth Street Finance Corp. (NASDAQ:FSC) is due to report its Earnings on Tue 29 Nov (In 6 Days). The estimated EPS for the current quarter is said to be $0.18. Following Earnings result, share price were DOWN 14 times out of last 26 Qtrs. The stock has added about 0.4% since it reported its last earnings. The Closing price of Fifth Street Finance Corp. (NASDAQ:FSC) at Last Earnings was $5.71 as compared to the previous closing price of $5.73. The Predicted Move on the 7th day after Fifth Street Finance Corp. (NASDAQ:FSC) will release its earnings at about 4%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Fifth Street Finance Corp. (NASDAQ:FSC) beats earnings by 16%, The Stock Missed Earnings  7  times and has met earnings  3  times.

Earnings History:

We will discuss the past Quarters Earnings below:

Fifth Street Finance Corp. (NASDAQ:FSC) reported its previous quarter on 08/09/2016 where it reported the Actual Earnings of $0.2. The Closing price before the company posted its earnings was $5.71. The Stock surged on the very next day of earnings and maintained its stock price at $5.81 by showing a % change of 1.75 percent from its previous closing price. The Next Day Volume after Earnings was reported as 1.32 Million. On the 7th day After Earnings Report, the stock hit its share price as $5.8 by showing 1.58% increase from the Stock price Before Earnings were reported.

On 05/10/2016, the stock reported the EPS of $0.17 where Analysts were projecting the EPS to be $0.18 showing a difference of $-0.01. Thus Surprise Factor was there with -5.6 percent. Before Earnings Announcement on 05/10/2016, the firm had its stock price of $4.82. And immediately on the next day after earnings announcement, the stock inclined 2.49% and closed its trading session at $4.94. On 7th Day after earnings release, Fifth Street Finance Corp. (NASDAQ:FSC) surged to 1.24% from $4.82 to $4.88.

On 02/09/2016, Analysts were suspecting EPS of $0.19/share where Fifth Street Finance Corp. (NASDAQ:FSC) reported its Actual EPS of $0.18. Thus showing a Surprise of -5.3 percent. The Closing Price of the stock before earnings was $5.14 while on the Next day the stock closed its trading session at $4.71 with a percentage change of -8.37% from the price of 5.14 before Earnings. The Stock Closing Price on the 7th day of earnings was $4.38.

Company Profile:

Fifth Street Finance Corp. is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, and management buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering, and media and advertising sectors. The fund invests between $5 million to $75 million principally in the form of one-stop, first lien, and second lien debt investments, which may include an equity co-investment component in companies with enterprise value between $20 million and $150 million and EBITDA between $3 million and $50 million. It has a hold size of up to $75 million and may underwrite transactions up to $100 million. The fund primarily invests in North America. It seeks to be a lead investor in its portfolio companies.