Golub Capital BDC (NASDAQ:GBDC) Releases Earnings Results, Meets Expectations

Golub Capital BDC (NASDAQ:GBDC - Get Free Report) announced its quarterly earnings data on Tuesday. The investment management company reported $0.39 EPS for the quarter, meeting the consensus estimate of $0.39, Zacks reports. Golub Capital BDC had a net margin of 42.81% and a return on equity of 10.87%.

Golub Capital BDC Price Performance

Shares of GBDC traded down $0.06 during midday trading on Tuesday, hitting $13.55. 2,853,437 shares of the company traded hands, compared to its average volume of 1,472,572. The stock has a market cap of $3.61 billion, a price-to-earnings ratio of 9.54 and a beta of 0.47. The firm has a 50 day moving average of $13.97 and a 200-day moving average of $14.55. The company has a debt-to-equity ratio of 1.28, a quick ratio of 2.37 and a current ratio of 2.37. Golub Capital BDC has a 52 week low of $12.68 and a 52 week high of $16.00.

Institutional Trading of Golub Capital BDC

Several hedge funds have recently modified their holdings of GBDC. Ausdal Financial Partners Inc. purchased a new position in shares of Golub Capital BDC in the second quarter valued at $175,000. PharVision Advisers LLC bought a new position in Golub Capital BDC during the third quarter valued at $181,000. Armistice Capital LLC purchased a new position in shares of Golub Capital BDC in the 3rd quarter worth $187,000. Verition Fund Management LLC bought a new stake in shares of Golub Capital BDC in the 3rd quarter worth about $197,000. Finally, Virtu Financial LLC bought a new stake in shares of Golub Capital BDC in the 3rd quarter worth about $217,000. 42.38% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a "hold (c)" rating on shares of Golub Capital BDC in a research note on Thursday. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, Golub Capital BDC has a consensus rating of "Moderate Buy" and a consensus target price of $15.00.

Read Our Latest Stock Analysis on Golub Capital BDC

Golub Capital BDC Company Profile

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.

Further Reading

• Five stocks we like better than Golub Capital BDC
• How to Calculate Stock Profit
• Qualcomm’s Bulls Are Running Out of Room to Be Wrong
• Dividend Screener: How to Evaluate Dividend Stocks Before Buying
• Amazon Just Did This—and It Didn't End Well Last Time
• What is the Nikkei 225 index?
• Stellantis Makes a High-Stakes Bet on Jeep

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Golub Capital BDC Right Now?

Before you consider Golub Capital BDC, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Golub Capital BDC wasn't on the list.

While Golub Capital BDC currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here