FS Investment Corp
A Look at Prospect Capital’s Discounted Valuations
The PE ratio for Prospect Capital (PSEC) is 8.97x on an NTM (next-12-month) basis, which implies its discounted valuation.
Why Prospect’s Investment Income Fell
In fiscal 2Q18, Prospect Capital’s (PSEC) total investment income was $162.4 million compared to $183.4 million a year earlier.
Understanding Prospect Capital’s Operating Expenses
Prospect Capital (PSEC) incurred total operating expenses of $89.2 million in fiscal 2Q18 compared to $99 million in fiscal 2Q17.
What Does Prospect Capital’s Portfolio Look Like?
Prospect Capital’s (PSEC) management has indicated a positive view on the company’s future.
Understanding Prospect Capital’s Originations and Repayments
Prospect Capital (PSEC) has made first lien, senior, and secured debt a priority in terms of originations because this will help it to hedge downside risk.
Behind Prospect Capital’s Valuations after Fiscal 2Q18 Results
Prospect Capital has a PE (price-to-earnings ratio) of 8.61x on a next-12-month basis compared to its peer average of 8.41x, implying Prospect’s higher valuation.
Prospect Capital Beats Earnings, Revenue Estimates
Prospect Capital (PSEC) generated NII (net investment income) per share of $0.20 in its fiscal 2Q18, which ended on December 31, 2017.
How Analysts View Prospect Capital before Fiscal 1Q18 Earnings
As of October 2017, five analysts are covering Prospect Capital (PSEC). One analyst has given it a “sell” rating, one analyst has rated it a “strong sell,” and three have given it “hold” ratings.
Assessing Prospect Capital’s Discounted Valuations
Analysts have given a one-year price target of $6.88 per share on Prospect Capital stock, which reflects a marginal rise of 0.29% from its current price.