Fidus Investment (NASDAQ:FDUS) is set to release its earnings data after the market closes on Thursday, August 1st. Analysts expect Fidus Investment to post earnings of $0.37 per share for the quarter.
Fidus Investment (NASDAQ:FDUS) last issued its earnings results on Thursday, May 2nd. The asset manager reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.03. Fidus Investment had a return on equity of 9.24% and a net margin of 58.33%. The firm had revenue of $20.33 million for the quarter, compared to the consensus estimate of $19.01 million. On average, analysts expect Fidus Investment to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NASDAQ FDUS traded up $0.05 on Tuesday, reaching $16.21. The stock had a trading volume of 400 shares, compared to its average volume of 65,474. The firm has a 50 day simple moving average of $16.11. Fidus Investment has a 1 year low of $11.48 and a 1 year high of $16.50. The company has a market capitalization of $395.27 million, a P/E ratio of 11.40 and a beta of 1.08.
In other Fidus Investment news, Director Raymond L. Jr. Anstiss acquired 2,740 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was acquired at an average price of $15.94 per share, with a total value of $43,675.60. Following the transaction, the director now owns 6,260 shares of the company’s stock, valued at $99,784.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Raymond L. Jr. Anstiss acquired 2,250 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The shares were acquired at an average cost of $16.00 per share, with a total value of $36,000.00. Following the transaction, the director now directly owns 4,760 shares in the company, valued at approximately $76,160. The disclosure for this purchase can be found here. Corporate insiders own 1.30% of the company’s stock.
FDUS has been the topic of a number of recent research reports. Zacks Investment Research upgraded DLH from a “sell” rating to a “hold” rating in a research note on Tuesday, July 9th. TheStreet downgraded Vince from a “c-” rating to a “d” rating in a research note on Thursday, April 11th. BidaskClub upgraded WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Thursday, July 18th. Finally, B. Riley began coverage on Fidus Investment in a research note on Friday, June 21st. They set a “buy” rating and a $17.50 price target for the company. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $17.75.
About Fidus Investment
Fidus Investment Corporation is a business development company specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans.
Featured Story: Strangles
Receive News & Ratings for Fidus Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidus Investment and related companies with MarketBeat.com's FREE daily email newsletter.