First Eagle Alternative Capital BDC (FCRD) Upgraded by Zacks Investment Research to Hold

First Eagle Alternative Capital BDC stock has undergone multiple analysts rating changes in the recent past.  First Eagle Alternative Capital BDC Upgraded by Zacks Investment Research on 10-11-21. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Sell.

Shares of First Eagle Alternative Capital BDC traded up $0.07 on Monday, reaching $4.54. 29653 shares of the stock traded hands, compared to its average volume of 29704. Shares of First Eagle Alternative Capital BDC were trading at $4.54 on Monday. The firm’s 50 day moving average is $4.56 and its 200 day moving average is $4.27.First Eagle Alternative Capital BDC has a 12 month low of $4.46 and a 12 month high of $4.79. While on yearly highs and lows, First Eagle Alternative Capital BDC’s today has traded high as $4.54 and has touched $4.46 on the downward trend. See More Analyst Rating at: RATING

First Eagle Alternative Capital BDC Earnings and What to expect: 

First Eagle Alternative Capital BDC last issued its earnings data on August 4th, 2021. The reported $0.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.09. The business earned $7.78 million during the quarter, compared to the consensus estimate of $7.91 million. First Eagle Alternative Capital BDC has generated $0.35 earnings per share over the last year ($1.05 diluted earnings per share) and currently has a price-to-earnings ratio of 4.3. Earnings for First Eagle Alternative Capital BDC are expected to grow by 20.51% in the coming year, from $0.39 to $0.47 per share. First Eagle Alternative Capital BDC has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Wednesday, November 3rd, 2021 based off prior year’s report dates.

Earnings for First Eagle Alternative Capital BDC are expected to grow by 20.51% in the coming year, from $0.39 to $0.47 per share. The P/E ratio of First Eagle Alternative Capital BDC is 4.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.63. The P/E ratio of First Eagle Alternative Capital BDC is 4.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.49. First Eagle Alternative Capital BDC has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

First Eagle Alternative Capital BDC (FCRD) Moving Average Technical Analysis

5 day Moving Average is $4.44 And 5 day price change is $0.16 (3.65%)  with average volume for 5 day average is 28,500. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $4.42 and 20 day price change is -$0.03 (-0.66%) and average 20 day moving volume is 31,495. 50 day moving average is $4.56  and 50 day price change is -$0.05 ( -1.09%)  and with average volume for 50 days is : 34,658. 200 day moving average is $4.27  and 200 day price change is $0.88 (24.04%)  and with average volume for 200 days is : 53,354.

Other owners latest trading in First Eagle Alternative Capital BDC :

  • On 10/6/2021 shares held by Cox Capital Mgt LLC were 133,434 which equates to market value of $0.59M and appx 0.40% owners of First Eagle Alternative Capital BDC
  • On 8/23/2021 shares held by Morgan Stanley were 254,262 which equates to market value of $1.16M and appx 0.00% owners of First Eagle Alternative Capital BDC
  • On 8/16/2021 shares held by Squarepoint Ops LLC were 18,283 which equates to market value of $83K and appx 0.00% owners of First Eagle Alternative Capital BDC
  • In total Institutional ownership equates to Institutional Ownership Percentage: 22.95% for First Eagle Alternative Capital BDC

See More Analyst Rating at: RATING