SLR Investment (SLRC) Expected to Announce Earnings on Tuesday

SLR Investment (NASDAQ:SLRC) is expected to be posting its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect SLR Investment to post earnings of $0.43 per share and revenue of $57.08 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

SLR Investment Stock Performance

NASDAQ SLRC opened at $17.65 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.06 and a quick ratio of 1.06. SLR Investment has a 1 year low of $14.41 and a 1 year high of $17.85. The company has a market capitalization of $962.98 million, a PE ratio of 9.97 and a beta of 1.14. The company has a fifty day moving average of $16.68 and a two-hundred day moving average of $16.01.

Analysts Set New Price Targets

Separately, Wells Fargo & Company upped their price objective on shares of SLR Investment from $12.50 to $13.00 and gave the company an “underweight” rating in a research note on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to MarketBeat, SLR Investment presently has an average rating of “Hold” and an average price target of $15.25.

SLR Investment Company Profile

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies.