Bain Capital Specialty Finance (NYSE:BCSF) Issues Quarterly Earnings Results, Misses Estimates By $0.17 EPS

Bain Capital Specialty Finance (NYSE:BCSF) issued its quarterly earnings data on Monday. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.17), FiscalAI reports. Bain Capital Specialty Finance had a net margin of 24.22% and a return on equity of 10.40%. The company had revenue of $39.71 million during the quarter, compared to the consensus estimate of $61.03 million.

Bain Capital Specialty Finance Trading Down 1.5%

NYSE BCSF traded down $0.16 during trading hours on Monday, reaching $10.98. The company’s stock had a trading volume of 783,794 shares, compared to its average volume of 458,906. The firm has a fifty day simple moving average of $11.00 and a 200-day simple moving average of $12.39. The stock has a market cap of $712.14 million, a P/E ratio of 11.09 and a beta of 0.59. Bain Capital Specialty Finance has a 52 week low of $9.99 and a 52 week high of $14.70. The company has a debt-to-equity ratio of 1.39, a current ratio of 7.20 and a quick ratio of 7.20.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BCSF. Zacks Research raised shares of Bain Capital Specialty Finance from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 13th. Capital One Financial set a $12.50 price target on Bain Capital Specialty Finance in a research note on Friday, September 18th. Jefferies Financial Group set a $13.00 price target on Bain Capital Specialty Finance in a research note on Monday, August 17th. Noble Financial started coverage on Bain Capital Specialty Finance in a report on Friday, September 18th. They set a “neutral” rating on the stock. Finally, Wells Fargo & Company reduced their price objective on Bain Capital Specialty Finance from $13.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 12th. Four equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $12.60.

About Bain Capital Specialty Finance

Bain Capital Specialty Finance, Inc (NYSE: BCSF) is a business development company that provides financing to middle-market companies. The company primarily invests in privately negotiated debt investments, with an emphasis on senior secured loans, including first-lien and unitranche facilities. It may also invest in second-lien debt and, to a lesser extent, equity securities.

BCSF seeks to support companies that are generally sponsored by private equity firms and operates across a range of industries.