Ares Capital stock: buy or sell?
August 19th, 2019
Should I buy Ares Capital stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Ares Capital stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Ares Capital stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't detect any rating for AFC stock for the last month.
Ares Capital stock analysis
Shares of Ares Capital ended today at $26.63 and stepped up a slightly fine 0.60%.
Ares Capital ended today at $26.63 and stepped up a slightly fine 0.60%. Since last Tuesday when AFC stock price broke up the SMA50d line, it gained $0.52 (1.99%). On July 24th, AFC hit new all time highs, pushing higher previous ATH of $26.80 recorded on July 19th. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Ares Capital shares grew 0.60% this week, ending at $26.63.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $26.80 resistance. Not so far away is the last price record Ares Capital marked late July. Late December 2018 AFC price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
Ares Capital stock price history
Ares Capital stock went public on April 17th, 2007 with a price of $8.871. Since then, AFC stock surged a 200.20%, with a yearly average of 16.70%. If you had invested right after AFC's IPO a $1,000 in Ares Capital stock in 2007, it would worth $2,002.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Ares Capital stock historical price chart
AFC stock reached all-time highs on Jul 24th with a price of $26.80.
Ares Capital stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price target for Ares Capital stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on September, Ares Capital . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an amazing increase of 15.58% to $1,261.00 M dollars. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) jumped a 6.90% to 68.04%. To have an up to date picture of the financial situation of Ares Capital, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q2 that can be compared to 2018 fiscal year results. Annual Ares Capital TTM sales up to June 2018 were $2,078.00 and income was $867.00 million USD. When comparing this TTM figures with the last reported annuality, we can review Ares Capital business evolution since December 2018: Annual turnover up to June, compared to lastest yearly report, rocketed a dazzling 64.79%. Regarding profit margin, Ares Capital plummed -26.32% to 68.04%
|2013||$945 M||-||$489 M51.7%||-|
|2014||$989 M||4.60%||$591 M59.8%||20.97%|
|2015||$669 M||-32.32%||$379 M56.6%||-35.92%|
|2016||$806 M||20.43%||$474 M58.8%||25.17%|
|2017||$1,091 M||35.36%||$667 M61.1%||40.72%|
|2018||$1,261 M||15.58%||$858 M68.0%||28.64%|
|TTM||$2,078 M||64.79%||$867 M41.7%||1.05%|
Quarterly financial resultsAres Capital reported $364.00 M in sales for 2018-Q2, a 2.54% improvement compared to previous quarter. Reported quarter income marked $254.00 M with a profit margin of 69.78%. Profit margin grew a 1.61% compared to previous quarter when profit margin was 68.17%. When comparing turnover to same quarter last year, Ares Capital sales marked a terrible loss and dropped a -8.08%.
|2017-Q2||$396 M||-||$178 M44.9%||-|
|2017-Q3||$294 M||-25.76%||$139 M47.3%||-21.91%|
|2017-Q4||$1,065 M||262.24%||$232 M21.8%||66.91%|
|2018-Q1||$355 M||-66.67%||$242 M68.2%||4.31%|
|2018-Q2||$364 M||2.54%||$254 M69.8%||4.96%|
|2018-Q3||$307 M||-15.66%||$209 M68.1%||-17.72%|
|2018-Q4||$235 M||-23.45%||$153 M65.1%||-26.79%|
|2019-Q1||$319 M||35.74%||$214 M67.1%||39.87%|
Ares Capital ownershipWhen you are planning to invest in shares of a company, it's always worth to check its ownership structure.
Ares Capital shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.
The following table compares ownership indicators for other stocks related to Ares Capital:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
Ares Capital summary
|Monday, August 19th, 2019|
|Day range||$26.43 - $26.65|
|Average true range||$0.23|
|50d mov avg||$26.23|
|100d mov avg||$25.76|
|200d mov avg||$25.10|
Ares Capital performanceTo better understand Ares Capital performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Ares Capital against in the following table: