Stellus Capital (SCM) Gains But Lags Market: What You Should Know
Stellus Capital (SCM) closed at $14.02 in the latest trading session, marking a +1.01% move from the prior day. This move lagged the S&P 500's daily gain of 1.22%. Meanwhile, the Dow gained 1.26%, and the Nasdaq, a tech-heavy index, added 4.63%.
Heading into today, shares of the investment company had lost 6.09% over the past month, lagging the Finance sector's gain of 5.82% and the S&P 500's gain of 6.22% in that time.
Investors will be hoping for strength from Stellus Capital as it approaches its next earnings release. On that day, Stellus Capital is projected to report earnings of $0.48 per share, which would represent year-over-year growth of 65.52%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $25.8 million, up 60.17% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.86 per share and revenue of $102.5 million, which would represent changes of +34.78% and +36.47%, respectively, from the prior year.
Any recent changes to analyst estimates for Stellus Capital should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Stellus Capital is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Stellus Capital currently has a Forward P/E ratio of 7.47. This valuation marks a premium compared to its industry's average Forward P/E of 7.08.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 35, which puts it in the top 14% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Stellus Capital Investment Corporation (SCM) : Free Stock Analysis Report
