Bain Capital Specialty Finance (NYSE:BCSF) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Bain Capital Specialty Finance (NYSE:BCSF) had its price objective raised by analysts at Keefe, Bruyette & Woods from $17.00 to $18.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target indicates a potential upside of 1.95% from the company’s previous close.

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

Bain Capital Specialty Finance Price Performance

NYSE BCSF opened at $17.66 on Tuesday. Bain Capital Specialty Finance has a 12 month low of $15.29 and a 12 month high of $19.21. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $1.14 billion, a PE ratio of 8.87 and a beta of 1.10. The company’s 50 day simple moving average is $17.90 and its 200 day simple moving average is $17.23.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings data on Thursday, February 27th. The company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. The business 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%. As a group, equities research analysts forecast that Bain Capital Specialty Finance will post 2.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BCSF. CFO4Life Group LLC grew its position in Bain Capital Specialty Finance by 2.5% during the 4th quarter. CFO4Life Group LLC now owns 31,499 shares of the company’s stock worth $552,000 after purchasing an additional 769 shares in the last quarter. Confluence Investment Management LLC grew its position in Bain Capital Specialty Finance by 0.9% during the 3rd quarter. Confluence Investment Management LLC now owns 119,547 shares of the company’s stock worth $1,984,000 after purchasing an additional 1,028 shares in the last quarter. Cooper Financial Group grew its position in Bain Capital Specialty Finance by 7.5% during the 4th quarter. Cooper Financial Group now owns 15,064 shares of the company’s stock worth $264,000 after purchasing an additional 1,053 shares in the last quarter. Lazard Asset Management LLC grew its position in Bain Capital Specialty Finance by 14.5% during the 4th quarter. Lazard Asset Management LLC now owns 9,361 shares of the company’s stock worth $164,000 after purchasing an additional 1,189 shares in the last quarter. Finally, Prairiewood Capital LLC grew its position in Bain Capital Specialty Finance by 8.6% during the 4th quarter. Prairiewood Capital LLC now owns 15,211 shares of the company’s stock worth $266,000 after purchasing an additional 1,201 shares in the last quarter.

Bain Capital Specialty Finance Company Profile

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.