PSEC stock: buy or sell?
January 24th, 2020
Should I buy PSEC 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. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Prospect 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 Prospect Capital stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we found 1 rating published for PSEC stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
PSEC stock analysis
Prospect Capital ended on January/24 at $6.58 and depreciated an unpleasant -0.45%.
Prospect Capital ended on January 24th at $6.58 and depreciated an unpleasant -0.45%. On November PSEC price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock.
Prospect Capital closed this week at $6.58 and remained constant a disappointing -0.30%.
Prospect Capital stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, PSEC might consolidate in a flat-base, waiting to break out over or down under . Since mid June 2019 when PSEC stock price broke up the SMA40w line, it gained $0.65 (10.96%). Since SMA20d and SMA40w crossed up by mid May 2019, PSEC price climbed $0.30 per share (4.78%).
PSEC stock price history
PSEC stock went public on July 27th, 2004 with a price of $2.751. Since then, PSEC stock surged a 139.30%, with a yearly average of 9.30%. If you had invested $1,000 in PSEC stock in 2004, it would worth $1,393.00 today.
1: Adjusted price after possible price splits or reverse-splits.
PSEC stock historical price chart
PSEC stock reached 52-week highs on Dec 17th at $6.69, and all-time highs 2017-05-02 with a price of 6.99.
PSEC stock price target is $4.00Nobody 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. You should not follow the analysts' PSEC stock price predictions in the hope that they will be met as they may be wrong and not met. Currently, only 1 price forecast for Prospect Capital stock was published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Prospect Capital presented its financial report, in line with analysts' consensus and posted a $0.22 Earnings per Share. 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 revenues report draw a fine increase of 3.55% to $670.86 M dollars. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) jumped a 5.66% to 44.70%. Prospect Capital presents anual results in June, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Prospect Capital TTM sales up to December 2018 were $571.84 and income $182.57 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Prospect Capital business evolution since June 2018: Annual revenues up to December, compared to lastest yearly report, plummed a hair-raising -14.76%. Regarding profit margin, Prospect Capital plunged -12.77% to 44.70%
|2013||$550 M||-||$221 M40.1%||-|
|2014||$703 M||27.82%||$319 M45.4%||44.44%|
|2015||$775 M||10.18%||$346 M44.7%||8.56%|
|2016||$524 M||-32.33%||$103 M19.7%||-70.16%|
|2017||$648 M||23.59%||$253 M39.0%||144.68%|
|2018||$671 M||3.55%||$300 M44.7%||18.57%|
|TTM||$572 M||-14.76%||$183 M31.9%||-39.12%|
Quarterly financial resultsProspect Capital reported $39.68 M in sales for 2018-Q4, a -77.84% decline compared to previous quarter. Reported quarter income marked $-67.39 million with a profit margin of -169.82%. Profit margin plummed a -216.62% compared to previous quarter when profit margin was 46.80%. When comparing revenues to same quarter last year, Prospect Capital sales marked a scary correction and plunged a -81.19%. Looking back to recent quarterly results, Prospect Capital posted 2 negative quarters in a row.
|2017-Q1||$171 M||-||$19 M11.4%||-|
|2017-Q2||$70 M||-59.35%||$51 M73.5%||162.54%|
|2017-Q3||$159 M||127.88%||$12 M7.6%||-76.60%|
|2017-Q4||$211 M||33.02%||$122 M57.7%||916.68%|
|2018-Q1||$144 M||-31.61%||$52 M36.0%||-57.40%|
|2018-Q2||$209 M||44.79%||$114 M54.7%||120.41%|
|2018-Q3||$179 M||-14.27%||$84 M46.8%||-26.69%|
|2018-Q4||$40 M||-77.84%||$-67 M-169.8%||-180.42%|
Prospect Capital ownershipWhen you are planning to invest in shares of a company, it's worth to check its ownership structure.
Prospect Capital shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 11.28% of all shares.
In case of Prospect Capital stock, 13.10% 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 Prospect Capital:
|Market cap||$2.4 B|
|Total shares||367.4 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||13.1%|
|- Insider holdings (%)||11.3%|
|Shares in short selling||0.0%|
|Friday, January 24th, 2020|
|Day range||$6.56 - $6.65|
|Average true range||$0.05|
|50d mov avg||$6.48|
|100d mov avg||$6.41|
|200d mov avg||$6.31|
Prospect Capital performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Prospect Capital, the benchmark is made against .