Stellus Capital (SCM) Stock Sinks As Market Gains: What You Should Know
Stellus Capital (SCM) closed the most recent trading day at $13.85, moving -0.07% from the previous trading session. This change lagged the S&P 500's 0.62% gain on the day. At the same time, the Dow added 0.5%, and the tech-heavy Nasdaq lost 5.66%.
Coming into today, shares of the investment company had lost 5.84% in the past month. In that same time, the Finance sector gained 3.31%, while the S&P 500 gained 3.44%.
Stellus Capital will be looking to display strength as it nears 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, our latest consensus estimate is calling for revenue of $25.8 million, up 60.17% from the prior-year quarter.
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.
It is also important to note the recent changes to analyst estimates for Stellus Capital. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
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.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 4.21% higher. Stellus Capital is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Stellus Capital is holding a Forward P/E ratio of 7.46. Its industry sports an average Forward P/E of 7.14, so we one might conclude that Stellus Capital is trading at a premium comparatively.
The Financial - SBIC & Commercial Industry industry is part of the Finance sector. This industry currently has a Zacks Industry Rank of 38, which puts it in the top 16% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. 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
