What Do Analysts Say About Hercules Capital Inc (HTGC)?

Hercules Capital Inc (HTGC) saw downtrend of -0.78% in the recent trading with $19.05 being its most recent. The current price level -11.82% lower than the highest price of $21.60 marked by the stock while trading over the past 52-weeks, whereas it is 27.94% higher than the lowest price of $14.89 the company dropped to over past 52-weeks. The latest news story on HTGC appeared in (GlobeNewswire) under the title “Alector Secures Flexible Credit Facility for Up to $50 Million From Hercules Capital”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -6.69% below one month high and is +0.58% above of the lowest during that time. Looking into the simple moving average, Hercules Capital Inc (HTGC)’s stock stands at a SMA-50 of $19.63 while that of 5-day is reading $19.54.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and HTGC’s SMA-200 as of now is $19.23.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 17 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.40 for the stock.

Hercules Capital Inc Earnings – What Happened With HTGC

Coming around sales and income figures on HTGC Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Hercules Capital Inc (HTGC) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 11.22% for net revenue.

HTGC – Hercules Capital Inc Stock Earnings Estimates

The perspective of Hercules Capital Inc (NYSE:HTGC)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.5 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 0.56.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 162.45 million. HTGC does have institutional investors; and they hold 27.26% of the stock.

Hercules Capital Inc – Insider Activity and Holdings

As on 2024-06-30, VAN ECK ASSOCIATES CORP was the top most holder in Hercules Capital Inc (NYSE:HTGC) with an ownership of 2.82 million shares of the company or 1.7942 of the stake worth $57.77 million. The filing also reveals SOUND INCOME STRATEGIES, LLC as the second largest holder in the company with a control over 1.7083 of the outstanding shares. Its stake is worth $55.0 million for having 2.69 million shares in hand.

LEGAL & GENERAL GROUP PLC also came holding a key position in the company during the recent quarter and it now holds 0.7967 of the outstanding shares. With this there are now 344.0 institutions which have possession in HTGC’s shares.

Currently, the stock has been recommended as Moderate Buy by 17 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.40 for the stock.

Technical Analysis of Hercules Capital Inc (NYSE:HTGC) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Hercules Capital Inc (HTGC), we notice that the stock’s 20-day average volume is at 1,077,690 shares. Its 50-day average volume of 793,228 shares. And to end, HTGC’s 100-day average volume is 977,479 shares with 50% of the long-term indicators pointing towards Sell for the stock.