NMFC stock: buy or sell?

NMFC stock price: $6.80 -10.41% At close on March 31st, 2020

Updated on:
March 31st, 2020

2

Shares of New Mountain Finance plummed a scary -10.41% and closed at $6.80. On Thursday NMFC boosted a super good 6.59%.

Should I buy NMFC stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, New Mountain Finance 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 NMFC will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is New Mountain Finance stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for NMFC stock for the last 30 days.

NMFC stock analysis

Daily outlook

New Mountain Finance plummed a scary -10.41% and closed at $6.80.

Shares of New Mountain Finance plummed a scary -10.41% and closed at $6.80. Since price and SMA200d lines crossed down on Mar/6, NMFC fell $-6.16 per share (-47.53%). On Feb/18, NMFC hit new all time highs, pushing higher previous ATH of $14.01 recorded on February. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

NMFC stock chart (daily)

Weekly outlook

After boosting an exceptional 25.63% in a week last week, New Mountain Finance closed this week at $6.80 and collapsed a frightening -17.78%.

Not so far away is the last price record New Mountain Finance marked by mid February, but since then it dropped a 51.50%. Since late February, when NMFC stock price broke down the 40-weeks moving avarage line, it slid $-6.97 per share (-50.62%). Stocks under the 200d moving average line are usually not recommended for average traders.

NMFC stock chart (weekly)

NMFC stock price history

NMFC stock went public on May 20th, 2011 with a price of $5.301. Since then, NMFC stock grew a 28.30%, with an average of 3.50% per year. If you had invested right after NMFC's IPO a $1,000 in NMFC stock in 2011, it would worth $283.00 today.

1: Adjusted price after possible price splits or reverse-splits.

NMFC stock historical price chart

NMFC stock reached all-time highs on February/18 with a price of $14.02.

NMFC stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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 30 days we have not found any price forecast for New Mountain Finance stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, New Mountain Finance presented its financial report, aligned with analysts' consensus and published a $0.36 Earnings per Share. Unfortunately, reported EPS is not yet available in our database.
NMFC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.4n/a
2017-Q2-n/a0.34n/a
2017-Q32017-11-070.340.352.9%
2017-Q42018-02-280.340.352.9%
2018-Q12018-05-070.340.340.0%
2018-Q22018-08-070.350.34-2.9%
2018-Q32018-11-070.350.32-8.6%
2018-Q42019-02-270.350.362.9%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw an extraordinary gain of 17.02% to $231.47 million USD. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) plummed a -24.05% to 31.26%.

NMFC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$96 M-$62 M64.3%-
2014$136 M40.81%$46 M33.6%-26.40%
2015$154 M13.46%$33 M21.4%-27.69%
2016$168 M9.25%$112 M66.4%238.88%
2017$198 M17.68%$109 M55.3%-2.04%
2018$231 M17.02%$72 M31.3%-33.86%

Quarterly financial results

New Mountain Finance posted $63.51 million in sales for 2018-Q4, a 5.03% up compared to previous quarter. Reported quarter earnings marked $-1.38 M with a profit margin of -2.18%. Profit margin collapsed a -46.43% compared to previous quarter when profit margin was 44.25%. When comparing sales to same quarter last year, New Mountain Finance sales marked an exceptional growth and climbed a 19.28%. Looking back to recent quarterly results, New Mountain Finance posted 3 negative quarters in a row.
NMFC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$44 M-$30 M68.9%-
2017-Q2$24 M-46.59%$27 M116.0%-10.16%
2017-Q3$51 M117.38%$25 M48.4%-9.35%
2017-Q4$53 M3.92%$27 M50.5%8.48%
2018-Q1$53 M-0.67%$24 M45.1%-11.28%
2018-Q2$55 M3.23%$23 M42.4%-2.98%
2018-Q3$60 M10.75%$27 M44.3%15.68%
2018-Q4$64 M5.03%$-1 M-2.2%-105.17%

New Mountain Finance ownership

When you are planning to invest in shares of a company, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For New Mountain Finance, 9.22% of all outstanding shares are owned by its staff.

In case of New Mountain Finance stock, 40.97% 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 New Mountain Finance:

NMFC
Market cap$658.4 M
Total shares96.8 M
Float shares0.0 M
  - Institutional holdings (%)41.0%
  - Insider holdings (%)9.2%
Shares in short selling0.0%

NMFC summary

Tuesday, March 31st, 2020
Open$7.50
Close$6.80
Day range$6.65 - $7.67
Previous close$7.59
Session gain-10.41%
Average true range$1.42
50d mov avg$11.67
100d mov avg$12.38
200d mov avg$12.54
Daily patternlt03a
Weekly pattern

New Mountain Finance performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For New Mountain Finance, the comparison is made against .
Stock3m6m12m
NMFCNew Mountain Fina...-49.18%-46.29%-44.58%

New Mountain Finance competitors

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