Bain Capital Specialty Finance (NYSE:BCSF) Sets New 52-Week High at $17.25

Bain Capital Specialty Finance, Inc. (NYSE:BCSF)’s share price hit a new 52-week high on Thursday . The company traded as high as $17.25 and last traded at $17.16, with a volume of 27778 shares traded. The stock had previously closed at $17.07.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BCSF. Wells Fargo & Company dropped their price objective on Bain Capital Specialty Finance from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Thursday, August 8th. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $17.00 target price on shares of Bain Capital Specialty Finance in a report on Wednesday, August 21st.

Bain Capital Specialty Finance Stock Performance

The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 1.03. The firm has a market capitalization of $1.09 billion, a P/E ratio of 8.41 and a beta of 1.13. The company’s 50 day moving average is $16.48 and its 200-day moving average is $16.24.

Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings data on Tuesday, August 6th. The company reported $0.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.04. Bain Capital Specialty Finance had a net margin of 43.90% and a return on equity of 12.09%. The company had revenue of $72.27 million for the quarter. During the same period last year, the company earned $0.60 EPS. As a group, equities analysts anticipate that Bain Capital Specialty Finance, Inc. will post 2.03 EPS for the current year.

Hedge Funds Weigh In On Bain Capital Specialty Finance

A number of large investors have recently modified their holdings of the company. FinTrust Capital Advisors LLC purchased a new stake in shares of Bain Capital Specialty Finance in the fourth quarter worth approximately $30,000. Quarry LP grew its stake in shares of Bain Capital Specialty Finance by 74.2% in the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock worth $49,000 after acquiring an additional 1,268 shares in the last quarter. Register Financial Advisors LLC purchased a new stake in shares of Bain Capital Specialty Finance in the second quarter valued at about $130,000. Cape Investment Advisory Inc. bought a new position in shares of Bain Capital Specialty Finance during the fourth quarter valued at about $134,000. Finally, Twin Focus Capital Partners LLC purchased a new position in Bain Capital Specialty Finance during the fourth quarter worth about $151,000.

About Bain Capital Specialty Finance

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.