Hercules Capital (HTGC) closed lower, earnings expected to decline, revenue forecasted to increase

From Nasdaq: 2024-06-14 18:00:11

Hercules Capital (HTGC) closed at $19.57, down 0.15% from the previous day, performing better than the S&P 500. Analysts expect an earnings decline to $0.51 per share in the upcoming report, with estimated revenue at $124.99 million, up 7.53% year-over-year.

The Zacks Rank system gives Hercules Capital a #3 (Hold) rating, with an EPS estimate increase of 0.1% in the past month. The stock trades at a Forward P/E ratio of 9.51, higher than the industry average of 8.21. The Financial – SBIC & Commercial Industry ranks in the bottom 43% of industries.

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Read more at Nasdaq: Hercules Capital (HTGC) Declines More Than Market: Some Information for Investors