Ares Capital Corporation (NASDAQ:ARCC), Cadence Design Systems, Inc. (NASDAQ:CDNS
- Author: Salvatore Jensen Фев 25, 2017,
Фев 25, 2017, 2:19
The stock tapped a 52-week high of US$4 while the mean 12-month price target for the shares is US$3.25. Analyst's mean target price for CDNS is $29.67 while analysts mean recommendation is 2.30.
A number of equities analysts have recently commented on ARCC shares. Janney Montgomery Scott initiated coverage on Ares Capital in a research report on Monday, October 31st. Barclays PLC reiterated a "buy" rating on shares of Ares Capital Corporation in a research note on Thursday, November 3rd. National Securities reaffirmed a "neutral" rating and issued a $16.00 price objective on shares of Ares Capital in a research note on Friday, November 4th.
Ares Capital Corporation (NASDAQ:ARCC) tinted gains of +0.17% (+0.03 points) to US$17.78.
Based on their most recently released notes to investors, 3 analysts have a rating of "buy", 7 analysts "outperform", 5 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. The share price is now 2.74 percent versus its SMA20, 5.66 percent versus its SMA50, and 17.01 percent versus its SMA200.
Ares Capital Corporation (NASDAQ:ARCC) opened at 16.49 on Wednesday.
The firm has a 50-day moving average of $17.09 and a 200 day moving average of $16.07.
The 9 analysts offering 12-month price forecasts for Ares Capital Corp have a median target of 17.50, with a high estimate of 19.00 and a low estimate of 15.00.
Ares Capital Corporation Last issued its quarterly earnings results on Feb 22, 2017.
LendingClub Corporation (NYSE:LC) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $-0.02 The reported earnings per share topped the analyst's consensus by $0.01 with the percentage difference between estimated and actual earnings arriving at 33.30%.
As the revenues measures, firm has operation margin of 51.30% in the following twelve months with net profit margin of positive 40.80%. The stock boasts a consensus analyst "Buy" rating with the consensus recommendation standing at 1.60. This represents a $1.52 annualized dividend and a dividend yield of 8.56%. The ex-dividend date was Tuesday, December 13th. Ares Capital Corporation has elected to be regulated as a business development company under the Investment Company Act of 1940.
"Ares Capital Co. (ARCC) Stock Rating Reaffirmed by Jefferies Group LLC" was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this news story on another website, it was illegally stolen and republished in violation of USA & worldwide copyright and trademark legislation. The original version of this report can be accessed at https://baseballnewssource.com/markets/ares-capital-co-arcc-announces-0-38-quarterly-dividend/453309.html. The company had a trading volume of 85,257 shares. Russell Investments Group Ltd. purchased a new position in shares of Ares Capital during the fourth quarter valued at about $130,000. Yorktown Management & Research Co Inc raised its position in shares of Ares Capital by 156.1% in the third quarter. State of New Jersey Common Pension Fund D raised its position in shares of Ares Capital by 161.8% in the third quarter. Finally, Alpha Omega Wealth Management LLC boosted its position in shares of Ares Capital by 2.0% in the second quarter.
Want to see what other hedge funds are holding ARCC? The Company is externally managed by its investment advisor, Ares Capital Management LLC.