Beyond The Numbers: 5 Analysts Discuss Hercules Capital Stock
Portfolio Pulse from Benzinga Insights
Hercules Capital (NYSE:HTGC) has been the subject of diverse analyst opinions over the past three months, with 5 analysts offering ratings ranging from neutral to overweight. The average 12-month price target is $17.8, slightly down from the previous $17.83. Analysts from Wells Fargo and Piper Sandler have raised their price targets, while Piper Sandler also lowered one target. The company faces challenges with a -29.4% revenue decline as of September 30, 2023, but maintains a high net margin of 54.32%. Its ROE and ROA are below industry averages, and it has a high debt-to-equity ratio of 0.99.
January 29, 2024 | 8:00 pm
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NEUTRAL IMPACT
Hercules Capital has mixed analyst ratings with a marginal decrease in the average price target. The company's financials show a significant revenue decline but a strong net margin, which may influence investor sentiment.
The mixed analyst ratings and slight decrease in the average price target suggest a neutral short-term impact on HTGC's stock price. The high net margin is positive, but the revenue decline and below-average ROE and ROA, coupled with a high debt-to-equity ratio, may raise concerns among investors. The overall impact is balanced by these opposing factors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100