Analysts forecast that TPG Specialty Lending Inc (NYSE:TSLX) will post sales of $65.06 million for the current quarter, according to Zacks. Four analysts have issued estimates for TPG Specialty Lending’s earnings, with the lowest sales estimate coming in at $63.85 million and the highest estimate coming in at $66.53 million. TPG Specialty Lending posted sales of $48.83 million in the same quarter last year, which suggests a positive year-over-year growth rate of 33.2%. The company is scheduled to report its next quarterly earnings results after the market closes on Wednesday, February 20th.

On average, analysts expect that TPG Specialty Lending will report full-year sales of $252.21 million for the current year, with estimates ranging from $251.02 million to $253.70 million. For the next fiscal year, analysts expect that the business will post sales of $256.61 million, with estimates ranging from $225.00 million to $287.13 million. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for TPG Specialty Lending.

TSLX has been the topic of several recent analyst reports. Zacks Investment Research upgraded shares of TPG Specialty Lending from a “sell” rating to a “hold” rating in a research report on Thursday. National Securities upped their price objective on TPG Specialty Lending from $21.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, November 12th. Finally, Bank of America upped their price objective on TPG Specialty Lending from $20.00 to $22.00 and gave the stock a “buy” rating in a research report on Friday, November 9th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have given a buy rating to the company’s stock. TPG Specialty Lending currently has an average rating of “Buy” and an average target price of $21.71.

Hedge funds have recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of TPG Specialty Lending by 3.7% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,926 shares of the financial services provider’s stock valued at $252,000 after acquiring an additional 502 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of TPG Specialty Lending by 7.8% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 13,882 shares of the financial services provider’s stock valued at $251,000 after purchasing an additional 1,000 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of TPG Specialty Lending by 16.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,282 shares of the financial services provider’s stock valued at $132,000 after purchasing an additional 1,006 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of TPG Specialty Lending by 2.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 60,314 shares of the financial services provider’s stock valued at $1,091,000 after purchasing an additional 1,243 shares in the last quarter. Finally, IFG Advisory LLC boosted its stake in shares of TPG Specialty Lending by 10.6% in the 4th quarter. IFG Advisory LLC now owns 14,558 shares of the financial services provider’s stock valued at $263,000 after purchasing an additional 1,401 shares in the last quarter. Hedge funds and other institutional investors own 60.80% of the company’s stock.

Shares of NYSE TSLX traded up $0.18 during trading on Thursday, reaching $20.49. 205,689 shares of the company traded hands, compared to its average volume of 224,700. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.82. The company has a market cap of $1.34 billion, a PE ratio of 10.25, a PEG ratio of 5.00 and a beta of 0.73. TPG Specialty Lending has a 52-week low of $17.00 and a 52-week high of $21.24.

About TPG Specialty Lending

TPG Specialty Lending, Inc is a business development company. The fund provides senior secured loans (first-lien, second-lien, and unitranche), mezzanine debt, non-control structured equity, and common equity with a focus on co-investments for organic growth, acquisitions, market or product expansion, restructuring initiatives, recapitalizations, and refinancing.

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