SLR Investment (SLRC) Expected to Announce Quarterly Earnings on Tuesday

SLR Investment (NASDAQ:SLRC) is projected to post its quarterly earnings results after the market closes on Tuesday, February 25th. Analysts expect SLR Investment to post earnings of $0.43 per share and revenue of $57.08 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

SLR Investment Trading Down 0.5 %

SLRC opened at $17.65 on Monday. The stock’s fifty day moving average is $16.68 and its two-hundred day moving average is $16.01. The company has a market capitalization of $962.98 million, a P/E ratio of 9.97 and a beta of 1.14. SLR Investment has a 52 week low of $14.41 and a 52 week high of $17.85. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.11.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company raised their price objective on SLR Investment from $12.50 to $13.00 and gave the stock an “underweight” rating in a report on Tuesday, November 12th. Two research analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $15.25.

About SLR Investment

SLR Investment Corp. is a business development company specializing in secured debt (first lien unitranche and second lien), subordinated (unsecured) debt, minority equity, leveraged buyouts, acquisitions, recapitalizations, general refinancing, growth capital and strategic income-oriented control equity investments in leveraged middle market companies.