Hercules Capital (HTGC) Expected to Announce Quarterly Earnings on Thursday

Hercules Capital (NYSE:HTGC) is projected to issue its quarterly earnings data after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $126.17 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Hercules Capital Price Performance

NYSE HTGC opened at $20.93 on Thursday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a market cap of $3.40 billion, a P/E ratio of 10.36 and a beta of 1.35. The stock’s 50-day moving average is $19.97 and its two-hundred day moving average is $19.62. Hercules Capital has a fifty-two week low of $16.95 and a fifty-two week high of $21.78.

Analyst Ratings Changes

Several equities analysts have commented on the company. Wells Fargo & Company increased their price target on Hercules Capital from $20.00 to $21.00 and gave the company an “overweight” rating in a report on Tuesday, October 29th. Keefe, Bruyette & Woods raised Hercules Capital from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $19.50 to $21.50 in a research report on Thursday, December 12th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $22.00 price objective on shares of Hercules Capital in a report on Monday, January 6th.

About Hercules Capital

Hercules Capital, Inc is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.