Alert: Rating Downgrade (11/10/23)-Monroe Capital Corp (NASDAQ: MRCC).


Stock Rating Downgrade

The Value Trend Rating for Monroe Capital Corp (NASDAQ: MRCC) weakened during the last several trading days from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.


Recent Price Action

Monroe Capital Corp (NASDAQ: MRCC) stock closed at $7.17 on 11/10/23 after an increase of 1.6%. The stock has risen 1.6% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, MRCC is expected to continue to be a Value Builder.

Monroe Capital has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Monroe Capital has a neutral Power Rating of 58 and a slightly positive Appreciation Score of 64, leading to the High Neutral Value Trend Rating.

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