The leading market experts have placed a mean price target of $16.650 on TCP Capital Corp. (NASDAQ:TCPC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.380 a share for the upcoming quarter and $1.510 for the current fiscal.
The technical analysis of TCP Capital Corp. plainly substantiates that the 50-day moving average of TCP Capital Corp. is $15.950, and stock is trading $0.705 points away or +4.420% from its 50-day moving average of $15.950. Further it is trading $1.739 or +11.656% away its 200-day moving average of $14.916. TCP Capital Corp. (NASDAQ:TCPC) 52-week high is $16.720 and the 52-week low is $12.000.
This explains if the stock moves $-0.065, it will post a 52-week high. In event of +38.792% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of TCP Capital Corp., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, TCP Capital Corp. (NASDAQ:TCPC) ratio came in at N/A.
The stock last ended the trading session at $16.655 and registered a market cap of $N/A. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. TCP Capital Corp. (NASDAQ:TCPC) PEG ratio is at 2.170.
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