On Monday, Ares Capital Corporation (NASDAQ:ARCC) stock opened its trade at $17.29 and after floating in a range of $17.12 to $17.34, settled at $17.23. This Company belongs to Finance sector. The overall volume in the last trading session was 3.52 million shares. The stock appeared $17.87 above its 52-week highs and is down -2.71% for the last five trades.
Executives hold 0.40 percent of the stock. The highest analyst price target is $19.50, which implies a rally of 87 percent. Currently, the stock has a 1 Year Price Target of $18.46.
The consensus recommendation, according to Zacks Investment research, is 1.56. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The insider owns 786,876 shares which have current market value of around $13557873.48.Mitchell S. Goldstein is another major inside shareholder in the company. (NASDAQ:HDS) last announced results for quarter ended on 31 Oct 2016, disclosing EPS of $0.83. Analysts had expected Ares Capital Corporation (NASDAQ:ARCC) to post net income of about $0.39 per share on $245.16M in revenue. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance.
In Ares Capital Corporation (NASDAQ:ARCC)'s latest quarter, EPS moved to $0.42 from $0.43 in preceding quarter and revenues reached at $261.00M compared to $258.67M.
It is widely believed that the more practical proxy for the market's expectations is analyst's consensus price estimates. The median estimate represents a +7.37% increase from the last price of 17.23. The average revenue estimate for the year ending January 2017 is $7.44B by 20 analysts.
Analysts are also projecting an Average Revenue Estimate for Ares Capital Corporation as $292.47 Million in the Current Quarter. Stock exchanged hands with the total volume of 3.12 Million shares, as contrast to its average volume of 4.81 Million shares.
While Looking at Sales Growth (Year/est), the company is now showing a percentage value of 0 percent. Macquarie analysts disclosed their opinion on Ares Capital Corporation (NASDAQ:ARCC) recently. The Weekly and Monthly Volatility stands at 0.89% and 0.77%. Price per earning (ttm) stands at 11.42.
The AES Corporation (NYSE:AES), maintained return on investment for the last twelve months at 1.19, higher than what Reuters data shows regarding industry's average. The 1 year EPS growth rate is -97.50%.
The company's growth for the past 5 years has been at -1.08 percent. The Insider Ownership of the company now is 1.35 percent, and Institutional Ownership is 41.4 percent.