Golub Capital BDC (GBDC) to Release Quarterly Earnings on Tuesday

Golub Capital BDC (NASDAQ:GBDC) will post its quarterly earnings results after the market closes on Tuesday, November 19th. Analysts expect Golub Capital BDC to post earnings of $0.45 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Golub Capital BDC Stock Performance

Golub Capital BDC stock opened at $15.40 on Monday. The firm’s 50 day simple moving average is $15.15 and its 200 day simple moving average is $15.46. The company has a current ratio of 5.01, a quick ratio of 5.01 and a debt-to-equity ratio of 1.06. Golub Capital BDC has a 1-year low of $14.05 and a 1-year high of $17.72. The firm has a market capitalization of $2.64 billion, a PE ratio of 9.33 and a beta of 0.54.

Insider Buying and Selling at Golub Capital BDC

In related news, CEO David Golub acquired 20,000 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The shares were acquired at an average cost of $14.91 per share, for a total transaction of $298,200.00. Following the completion of the transaction, the chief executive officer now directly owns 1,958,880 shares in the company, valued at approximately $29,206,900.80. This trade represents a 1.03 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders have purchased 80,000 shares of company stock worth $1,197,400. Insiders own 2.70% of the company’s stock.

Analysts Set New Price Targets

GBDC has been the topic of several research reports. Keefe, Bruyette & Woods lowered their price objective on shares of Golub Capital BDC from $17.50 to $16.50 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Wells Fargo & Company boosted their price objective on shares of Golub Capital BDC from $15.00 to $15.50 and gave the company an “equal weight” rating in a research report on Tuesday, October 29th. StockNews.com upgraded shares of Golub Capital BDC from a “sell” rating to a “hold” rating in a report on Thursday, October 10th. Finally, Oppenheimer reissued an “outperform” rating and issued a $17.00 target price on shares of Golub Capital BDC in a research report on Wednesday, August 7th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.50.

Golub Capital BDC Company Profile

Golub Capital BDC, Inc (GBDC) is a business development company and operates as an externally managed closed-end non-diversified management investment company. It invests in debt and minority equity investments in middle-market companies that are, in most cases, sponsored by private equity investors.