TCG BDC stock: buy or sell?
March 31st, 2020
Should I buy TCG BDC stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, TCG BDC 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 TCG BDC stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for CGBD stock for the last month.
TCG BDC stock analysis
After sliding a frightening -7.09% yesterday, TCG BDC closed today at $5.22 and dropped a shocking -2.61%.
After sliding a frightening -7.09% yesterday, TCG BDC closed today at $5.22 and dropped a shocking -2.61%. Since last February/24 when CGBD stock price broke down the SMA200d line, it slid $-7.63 per share (-59.38%).
After boosting an extraordinary 6.45% in a week last week, TCG BDC closed this week at $5.22 and collapsed a hair-raising -9.06%.
Since late February, when CGBD stock price broke down the 40-weeks moving avarage line, it slid $-7.63 per share (-59.38%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.
TCG BDC stock price history
TCG BDC stock went public on June 14th, 2017 with a price of $12.441. Since then, CGBD stock lost a -58.00%, with a yearly average of -29.00%.
1: Adjusted price after possible price splits or reverse-splits.
TCG BDC stock historical price chart
CGBD stock reached 52-week highs on July at $13.61, and all-time highs 2017-12-29 with a price of 15.18.
TCG BDC stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for TCG BDC stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, TCG BDC reported its latest financial data, posting a pretty good growth for the Earnings per Share (EPS) ratio. Experts were expecting $0.40 per share, but TCG BDC posted $0.47.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a dazzling gain of 25.77% to $207.53 million USD. In contrary, its income margin (compared to revenues) plummed to 18.85%, that is $39.12 million.
|2013||$5.03 M||-||$-1.93 M-38.4%||-|
|2014||$33 M||555.75%||$5.61 M17.0%||-390.88%|
|2015||$69 M||109.77%||$19 M27.0%||232.61%|
|2016||$111 M||60.39%||$70 M62.9%||273.85%|
|2017||$165 M||48.69%||$84 M51.0%||20.61%|
|2018||$208 M||25.77%||$39 M18.8%||-53.55%|
Quarterly financial resultsTCG BDC reported $56.31 M in sales for 2018-Q4, a 9.81% up compared to previous quarter. Reported quarter earnings marked $-1.16 million with a profit margin of -2.06%. Profit margin collapsed a -13.92% compared to previous quarter when profit margin was 11.86%. When comparing sales to same quarter last year, TCG BDC sales marked an extraordinary growth and rocketed a 13.74%. Looking back to recent quarterly results, TCG BDC posted 3 positive quarters in a row.
|2017-Q1||$26 M||-||$16 M61.2%||-|
|2017-Q2||$39 M||45.93%||$16 M40.2%||-4.14%|
|2017-Q3||$43 M||10.66%||$26 M59.9%||64.79%|
|2017-Q4||$50 M||16.09%||$27 M54.5%||5.64%|
|2018-Q2||$4 M||-92.75%||$13 M365.1%||-51.43%|
|2018-Q3||$51 M||1,328.41%||$6 M11.9%||-53.61%|
|2018-Q4||$56 M||9.81%||$-1 M-2.1%||-119.08%|
TCG BDC ownershipWhen you are planning to invest in shares of a company, it's always worth to review its ownership structure.
TCG BDC shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.32% of all shares.
In case of TCG BDC stock, 31.53% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions).
The following table compares ownership indicators for other stocks related to TCG BDC:
|Market cap||$308.0 M|
|Total shares||59.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||31.5%|
|- Insider holdings (%)||0.3%|
|Shares in short selling||0.0%|
TCG BDC summary
|Tuesday, March 31st, 2020|
|Day range||$5.16 - $5.66|
|Average true range||$1.41|
|50d mov avg||$10.72|
|100d mov avg||$11.59|
|200d mov avg||$12.26|
TCG BDC performanceTo measure stock performance is always good to compare with competitors or related stocks. For TCG BDC, the comparison is made against .