Prospect Capital Corp. (PSEC) Set to Announce Quarterly Earnings on Monday
Prospect Capital Corp. (NASDAQ:PSEC) will be issuing its Q414 quarterly earnings data on Monday, August 25th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $213.74 million for the quarter.
Shares of Prospect Capital Corp. (NASDAQ:PSEC) opened at 10.92 on Friday. Prospect Capital Corp. has a 52-week low of $9.17 and a 52-week high of $11.62. The stock’s 50-day moving average is $10.74 and its 200-day moving average is $10.66.
On a related note, analysts at Evercore Partners upgraded shares of Prospect Capital Corp. from an “underweight” rating to an “equal weight” rating in a research note on Thursday, May 29th. They now have a $10.00 price target on the stock. One research analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $11.61.
Prospect Capital Corporation (NASDAQ:PSEC), is a financial services company, which lends to and invests in middle market privately-held companies.
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