Goldman Sachs BDC Inc (NYSE: GSBD): Do Not Miss The Gain Train

Goldman Sachs BDC Inc (GSBD) concluded trading on Tuesday at a closing price of $12.10, with 4.05 million shares of worth about $49.0 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -21.58% during that period and on December 31, 2024 the price saw a loss of about -4.65%. Currently the company’s common shares owned by public are about 117.30M shares, out of which, 117.15M shares are available for trading.

Stock saw a price change of -5.10% in past 5 days and over the past one month there was a price change of -7.42%. Year-to-date (YTD), GSBD shares are showing a performance of -17.41% which decreased to -17.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $12.63 but also hit the highest price of $15.94 during that period. The average intraday trading volume for Goldman Sachs BDC Inc shares is 865.96K. The stock is currently trading -5.53% below its 20-day simple moving average (SMA20), while that difference is down -6.85% for SMA50 and it goes to -15.78% lower than SMA200.

Goldman Sachs BDC Inc (NYSE: GSBD) currently have 117.30M outstanding shares and institutions hold larger chunk of about 31.53% of that.

The stock has a current market capitalization of $1.42B and its 3Y-monthly beta is at 1.10. PE ratio of stock for trailing 12 months is 17.79, while it has posted earnings per share of $0.68 in the same period. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GSBD, volatility over the week remained 1.34% while standing at 1.38% over the month.

Stock’s fiscal year EPS is expected to drop by -2.30% while it is estimated to decrease by -16.60% in next year. EPS is likely to shrink at an annualized rate of -2.28% for next 5-years, compared to annual growth of 5.34% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on August 12, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $14 and $12 to it. Coverage by Wells Fargo stated Goldman Sachs BDC Inc (GSBD) stock as an Underweight in their note to investors on May 29, 2024, suggesting a price target of $14 for the stock. Stock get an Overweight rating from Wells Fargo on March 25, 2020.

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