Analysts expect Fidus Investment Corporation (NASDAQ:FDUS) to report earnings per share (EPS) of $0.38 for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Fidus Investment Corporation’s earnings. The lowest EPS estimate is $0.37 and the highest is $0.38. Fidus Investment Corporation reported earnings per share of $0.35 in the same quarter last year, which would indicate a positive year-over-year growth rate of 8.6%. The business is expected to report its next quarterly earnings results on Thursday, November 2nd.

According to Zacks, analysts expect that Fidus Investment Corporation will report full-year earnings of $1.51 per share for the current year, with EPS estimates ranging from $1.48 to $1.52. For the next fiscal year, analysts forecast that the firm will post earnings of $1.56 per share, with EPS estimates ranging from $1.49 to $1.62. Zacks’ earnings per share calculations are an average based on a survey of research analysts that cover Fidus Investment Corporation.

FDUS has been the subject of a number of recent research reports. Zacks Investment Research lowered shares of Fidus Investment Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, September 12th. BidaskClub lowered shares of Fidus Investment Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $17.50.

Fidus Investment Corporation (NASDAQ FDUS) traded down 0.12% during trading on Monday, reaching $16.52. 55,106 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $16.09 and its 200-day moving average is $16.74. Fidus Investment Corporation has a 12-month low of $14.33 and a 12-month high of $18.21.

Several hedge funds have recently bought and sold shares of the stock. Salzhauer Michael grew its holdings in shares of Fidus Investment Corporation by 1.0% in the second quarter. Salzhauer Michael now owns 20,600 shares of the asset manager’s stock valued at $346,000 after purchasing an additional 200 shares in the last quarter. D.A. Davidson & CO. grew its holdings in shares of Fidus Investment Corporation by 8.2% in the second quarter. D.A. Davidson & CO. now owns 6,615 shares of the asset manager’s stock valued at $111,000 after purchasing an additional 504 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Fidus Investment Corporation by 2.8% in the first quarter. Oppenheimer & Co. Inc. now owns 26,013 shares of the asset manager’s stock valued at $457,000 after purchasing an additional 700 shares in the last quarter. West Family Investments Inc. grew its holdings in shares of Fidus Investment Corporation by 0.3% in the second quarter. West Family Investments Inc. now owns 300,811 shares of the asset manager’s stock valued at $4,860,000 after purchasing an additional 981 shares in the last quarter. Finally, First Allied Advisory Services Inc. grew its holdings in shares of Fidus Investment Corporation by 11.5% in the second quarter. First Allied Advisory Services Inc. now owns 19,155 shares of the asset manager’s stock valued at $323,000 after purchasing an additional 1,970 shares in the last quarter. 30.68% of the stock is owned by hedge funds and other institutional investors.

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About Fidus Investment Corporation

Fidus Investment Corporation is a closed-end, non-diversified investment company. The Company provides customized debt and equity financing solutions to lower middle-market companies. The Company’s investment objective is to provide attractive risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity-related investments.

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