Gladstone Capital (NASDAQ:GLAD) received a $10.00 price objective from stock analysts at Wedbush in a research note issued on Tuesday, TipRanks reports. The firm presently has a “hold” rating on the investment management company’s stock. Wedbush’s price objective indicates a potential upside of 5.60% from the stock’s previous close.

A number of other research analysts also recently weighed in on GLAD. Zacks Investment Research raised Gladstone Capital from a “sell” rating to a “hold” rating in a research note on Wednesday, April 24th. BidaskClub raised Gladstone Capital from a “hold” rating to a “buy” rating in a research note on Thursday, May 9th. Finally, National Securities reissued a “sell” rating and issued a $7.00 price target on shares of Gladstone Capital in a research note on Friday, May 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Gladstone Capital has a consensus rating of “Hold” and an average target price of $9.33.

Shares of GLAD stock traded up $0.10 during trading hours on Tuesday, reaching $9.47. The company had a trading volume of 131,207 shares, compared to its average volume of 130,271. The company has a quick ratio of 0.11, a current ratio of 0.11 and a debt-to-equity ratio of 0.22. The company has a market cap of $275.02 million, a P/E ratio of 11.14 and a beta of 1.28. Gladstone Capital has a 1-year low of $6.41 and a 1-year high of $9.87.

Gladstone Capital (NASDAQ:GLAD) last posted its quarterly earnings results on Wednesday, May 1st. The investment management company reported $0.21 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.01). The company had revenue of $12.52 million during the quarter, compared to analyst estimates of $12.60 million. Gladstone Capital had a net margin of 16.24% and a return on equity of 10.12%. Research analysts anticipate that Gladstone Capital will post 0.85 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the stock. West Oak Capital LLC raised its stake in Gladstone Capital by 500.0% during the 1st quarter. West Oak Capital LLC now owns 6,000 shares of the investment management company’s stock worth $54,000 after buying an additional 5,000 shares during the period. PFG Advisors acquired a new stake in Gladstone Capital during the 4th quarter worth $90,000. Wambolt & Associates LLC acquired a new stake in Gladstone Capital during the 1st quarter worth $106,000. Koshinski Asset Management Inc. raised its stake in Gladstone Capital by 6.9% during the 1st quarter. Koshinski Asset Management Inc. now owns 24,544 shares of the investment management company’s stock worth $221,000 after buying an additional 1,584 shares during the period. Finally, TCI Wealth Advisors Inc. raised its stake in Gladstone Capital by 53.4% during the 4th quarter. TCI Wealth Advisors Inc. now owns 25,082 shares of the investment management company’s stock worth $183,000 after buying an additional 8,733 shares during the period. 11.72% of the stock is currently owned by institutional investors and hedge funds.

Gladstone Capital Company Profile

Gladstone Capital Corporation is a private equity and a venture capital fund specializing in lower middle market, growth capital, add on acquisitions, debt investments in senior loans, second lien loans, senior subordinated loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants.

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