TCG BDC stock: buy or sell?

CGBD stock price: $5.22 -2.61% At close on March 31st, 2020

Updated on:
March 31st, 2020

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After sliding a frightening -7.09% yesterday, TCG BDC closed today at $5.22 and dropped a shocking -2.61%. On Thursday CGBD rocketed a dazzling 11.34%. With Tuesday it's been 3 sliding days in a row, loosing $-0.60 (-11.63%).

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CGBD will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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

Daily outlook

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%).

CGBD stock chart (daily)

Weekly outlook

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.

CGBD stock chart (weekly)

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 target

Nobody 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.
CGBD earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.39n/a
2017-Q2-n/a0.34n/a
2017-Q3-n/a0.41n/a
2017-Q42018-02-270.40.437.5%
2018-Q12018-05-030.40.40.0%
2018-Q22018-08-070.40.4512.5%
2018-Q32018-11-060.40.412.5%
2018-Q42019-02-260.40.4717.5%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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.

CGBD annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$5.03 M-$-1.93 M-38.4%-
2014$33 M555.75%$5.61 M17.0%-390.88%
2015$69 M109.77%$19 M27.0%232.61%
2016$111 M60.39%$70 M62.9%273.85%
2017$165 M48.69%$84 M51.0%20.61%
2018$208 M25.77%$39 M18.8%-53.55%

Quarterly financial results

TCG 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.
CGBD quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$26 M-$16 M61.2%-
2017-Q2$39 M45.93%$16 M40.2%-4.14%
2017-Q3$43 M10.66%$26 M59.9%64.79%
2017-Q4$50 M16.09%$27 M54.5%5.64%
2018-Q2$4 M-92.75%$13 M365.1%-51.43%
2018-Q3$51 M1,328.41%$6 M11.9%-53.61%
2018-Q4$56 M9.81%$-1 M-2.1%-119.08%

TCG BDC ownership

When 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:

CGBD
Market cap$308.0 M
Total shares59.0 M
Float shares0.0 M
  - Institutional holdings (%)31.5%
  - Insider holdings (%)0.3%
Shares in short selling0.0%

TCG BDC summary

Tuesday, March 31st, 2020
Open$5.39
Close$5.22
Day range$5.16 - $5.66
Previous close$5.36
Session gain-2.61%
Average true range$1.41
50d mov avg$10.72
100d mov avg$11.59
200d mov avg$12.26
Daily patternlt03a
Weekly pattern

TCG BDC performance

To measure stock performance is always good to compare with competitors or related stocks. For TCG BDC, the comparison is made against .
Stock3m6m12m
CGBDTCG BDC-59.38%-58.34%-58.83%

TCG BDC competitors

Unfortunately, we could not find any public company that could be defined as TCG BDC competitor. This doesn't mean TCG BDC does not have any competitor in the market, it's just we could not detected it.