Bain Capital Specialty Finance (NYSE:BCSF) Price Target Raised to $18.00

Bain Capital Specialty Finance (NYSE:BCSF) had its target price boosted by equities research analysts at Keefe, Bruyette & Woods from $17.00 to $18.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price indicates a potential downside of 3.07% from the company’s current price.

Separately, Wells Fargo & Company raised their price objective on shares of Bain Capital Specialty Finance from $18.00 to $19.00 and gave the stock an “overweight” rating in a report on Monday.

Bain Capital Specialty Finance Stock Performance

BCSF stock opened at $18.57 on Tuesday. Bain Capital Specialty Finance has a twelve month low of $15.29 and a twelve month high of $19.21. The business’s fifty day moving average is $17.89 and its 200-day moving average is $17.21. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. The company has a market cap of $1.20 billion, a P/E ratio of 9.33 and a beta of 1.10.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its earnings results on Thursday, February 27th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.03. The company had revenue of $73.30 million for the quarter, compared to analyst estimates of $67.50 million. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. Equities research analysts forecast that Bain Capital Specialty Finance will post 2.06 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Mascoma Wealth Management LLC acquired a new position in shares of Bain Capital Specialty Finance in the fourth quarter valued at about $29,000. Aquatic Capital Management LLC bought a new position in shares of Bain Capital Specialty Finance in the fourth quarter worth about $67,000. Quantbot Technologies LP bought a new position in Bain Capital Specialty Finance in the 3rd quarter valued at approximately $136,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Bain Capital Specialty Finance during the 4th quarter valued at $151,000. Finally, Lazard Asset Management LLC boosted its stake in shares of Bain Capital Specialty Finance by 14.5% during the fourth quarter. Lazard Asset Management LLC now owns 9,361 shares of the company’s stock valued at $164,000 after purchasing an additional 1,189 shares in the last quarter.

About Bain Capital Specialty Finance

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.