Bain Capital Specialty Finance (NYSE:BCSF) Hits New 52-Week High – Should You Buy?

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) shares reached a new 52-week high on Monday . The stock traded as high as $17.97 and last traded at $17.88, with a volume of 20116 shares changing hands. The stock had previously closed at $17.80.

Bain Capital Specialty Finance Stock Performance

The company has a market cap of $1.15 billion, a P/E ratio of 8.97 and a beta of 1.10. The company’s 50-day moving average is $17.22 and its two-hundred day moving average is $16.85. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.03. The company had revenue of $72.54 million during the quarter. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. During the same quarter in the previous year, the company posted $0.55 EPS. Equities analysts predict that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current year.

Hedge Funds Weigh In On Bain Capital Specialty Finance

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BCSF. Quarry LP boosted its position in Bain Capital Specialty Finance by 74.2% during the second quarter. Quarry LP now owns 2,976 shares of the company’s stock worth $49,000 after purchasing an additional 1,268 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in Bain Capital Specialty Finance by 2.4% during the third quarter. Redhawk Wealth Advisors Inc. now owns 73,506 shares of the company’s stock worth $1,220,000 after purchasing an additional 1,716 shares during the period. International Assets Investment Management LLC boosted its position in Bain Capital Specialty Finance by 1,551.4% during the third quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock worth $87,430,000 after purchasing an additional 494,812 shares during the period. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Bain Capital Specialty Finance by 10.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 465,868 shares of the company’s stock worth $7,733,000 after buying an additional 43,794 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Bain Capital Specialty Finance by 10.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 22,537 shares of the company’s stock worth $374,000 after buying an additional 2,144 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.