Quite a few other analysts also just lately weighed in on the organization. Hovde Group downgraded WhiteHorse Finance from an “outperform” score to a “market perform” score and decreased their focus on value for the firm from $16.50 to $15.50 in a investigate observe on Friday, March 4th. Raymond James lessened their price goal on shares of WhiteHorse Finance from $16.50 to $16.00 and set an “outperform” rating on the stock in a analysis report on Friday, March 4th. Zacks Expense Investigate slash shares of WhiteHorse Finance from a “hold” rating to a “sell” ranking in a study report on Saturday, March 5th. Eventually, B. Riley reaffirmed a “neutral” ranking on shares of WhiteHorse Finance in a study report on Wednesday, March 2nd. 1 equities study analyst has rated the inventory with a market ranking, four have assigned a maintain ranking and one has provided a invest in score to the inventory. In accordance to data from MarketBeat, WhiteHorse Finance at this time has a consensus ranking of “Hold” and an ordinary concentrate on price tag of $16.00.
Shares of WhiteHorse Finance inventory traded up $.06 through buying and selling hrs on Wednesday, hitting $15.00. 40,473 shares of the company’s stock traded hands, as opposed to its regular volume of 80,518. The inventory has a 50 day basic relocating average of $15.17 and a 200-working day simple shifting common of $15.34. The enterprise has a swift ratio of 1.40, a existing ratio of 1.40 and a financial debt-to-equity ratio of 1.36. The company has a marketplace cap of $347.93 million, a PE ratio of 10.34 and a beta of 1.36. WhiteHorse Finance has a twelve month minimal of $14.60 and a twelve thirty day period large of $16.72.
WhiteHorse Finance (NASDAQ:WHF – Get Score) last announced its earnings benefits on Thursday, March 3rd. The investment administration enterprise claimed $.33 earnings for each share for the quarter, lacking the consensus estimate of $.37 by ($.04). The enterprise had revenue of $18.50 million for the quarter, compared to analyst estimates of $18.85 million. WhiteHorse Finance experienced a internet margin of 41.63% and a return on equity of 9.17%. For the duration of the identical quarter in the prior calendar year, the small business gained $.34 earnings for every share. As a team, equities investigation analysts predict that WhiteHorse Finance will put up 1.49 EPS for the existing yr.
A range of hedge money and other institutional buyers have a short while ago modified their holdings of WHF. Cornerstone Advisory LLC bought a new placement in WhiteHorse Finance in the fourth quarter really worth about $30,000. Wells Fargo & Enterprise MN lifted its holdings in WhiteHorse Finance by 37.% in the fourth quarter. Wells Fargo & Corporation MN now owns 3,706 shares of the expenditure administration company’s inventory well worth $58,000 following obtaining an extra 1,000 shares all through the last quarter. Money Analysts LLC acquired a new placement in WhiteHorse Finance in the third quarter really worth about $67,000. Ahrens Financial commitment Partners LLC bought a new place in WhiteHorse Finance in the fourth quarter value about $90,000. At last, Benjamin F. Edwards & Company Inc. acquired a new posture in WhiteHorse Finance in the fourth quarter worth about $155,000. 10.30% of the inventory is at present owned by hedge funds and other institutional investors.
WhiteHorse Finance Firm Profile (Get Ranking)
WhiteHorse Finance, Inc is an externally managed, non-diversified, shut-conclude management investment decision enterprise that has elected to be handled as a small business improvement firm underneath the Investment Firm Act of 1940. Our stock is publicly traded on the NASDAQ exchange beneath the ticker image ”WHF”. We have senior notes shown on the NASDAQ exchange underneath the ticker image “WHFBL“.
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