Gladstone Capital Corp (NASDAQ: GLAD). Extremely significant positive changes in fundamentals have recently occurred: the consensus estimate for September, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for September, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, GLAD is expected to continue to be a major Value Builder.
Gladstone Capital has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Gladstone Capital has a neutral Appreciation Score of 41 and a slightly positive Power Rating of 65, producing the Neutral Value Trend Rating.
Recent Price Action
Gladstone Capital Corp (NASDAQ: GLAD) stock closed at $20.44 on 4/9/24 after an increase of 1.6%. However, below average trading volume at 78% of normal accompanied the advance. The stock has risen 93.4% during the last week and has performed in line with the market over the last nine months.
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