Hot Stock Update: Ares Capital Corporation (ARCC)

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Ares Capital Corporation (ARCC) belonging to the Finance sector has declined -0.69% and closed its last trading session at $17.18.

The company reported its EPS on 02/22/2017. Currently, the stock has a 1 Year Price Target of $18.46.

The consensus recommendation, according to Zacks Investment research, is 1.56. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

The Stock had a 1.56 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 1.56 and 1.43 respectively.

Ares Capital Corporation on 02/22/2017 reported its EPS as $0.42 with the analysts projecting the EPS of the stock as $0.39. The company beat the analyst EPS Estimate with the difference of $0.03. This shows a surprise factor of 7.7%.

Many analysts have provided their estimated foresights on Ares Capital Corporation Earnings, with 15 analysts believing the company would generate an Average Estimate of $0.38.

Whereas they predicted High and Low Earnings Estimate as $0.42 and $0.33 respectively. While in the same Quarter Previous year, the Actual EPS was $0.37.

Analysts are also projecting an Average Revenue Estimate for Ares Capital Corporation as $292.47 Million in the Current Quarter. This estimate is provided by 8 analysts.

The High Revenue estimate is predicted as 316.5 Million, while the Low Revenue Estimate prediction stands at 256 Million. The company’s last year sales total was 248.05 Million.

For the Current Quarter, the growth estimate for Ares Capital Corporation is 2.7%, while for the Next Quarter the stock growth estimate is 2.6%.

In the past 5 years, the stock showed growth of -1.08% per annum. While for the next 5 years, the growth estimate is 3%.

The Company got Initiated by National Securities on 28-Jun-16 to Neutral.

Insider Trades for Ares Capital Corporation show that the latest trade was made on 19 Dec 2016 where Bartlett (Steve), the Director completed a transaction type “Buy” in which 200 shares were traded at a price of $16.

Over the period of 6 months, Insider Purchases show a total of 16 transaction in which 96081 shares were traded.

14 analysts projected Price Targets for Ares Capital Corporation. The analysts believe that the company stock price could grow as high as $19.5. The Low Price target projection by analysts is $16.5 and the Mean Price Target is $18.46.

Ares Capital Corporation (ARCC) has the market capitalization of $7.3 Billion. The company rocked its 52-Week High of $17.87 on Mar 1, 2017 and touched its 52-Week Low of $13.85 on Jul 6, 2016.

The stock has Return on Assets (ROA) of 5.1 percent. Return on Equity (ROE) stands at 9.1% and Return on Investment (ROI) of 5.5 percent.

The stock is currently showing YTD performance of 6.48 Percent. The company has Beta Value of 0.7 and ATR value of 0.16. The Weekly and Monthly Volatility stands at 1.15% and 0.80%.