TriplePoint Venture Growth BDC (TPVG) to Release Earnings on Wednesday

TriplePoint Venture Growth BDC (NYSE:TPVG) is expected to release its earnings data after the market closes on Wednesday, March 5th. Analysts expect TriplePoint Venture Growth BDC to post earnings of $0.35 per share and revenue of $26.68 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

TriplePoint Venture Growth BDC Price Performance

Shares of TriplePoint Venture Growth BDC stock opened at $8.01 on Tuesday. The firm has a market cap of $320.91 million, a P/E ratio of 38.16 and a beta of 1.88. The firm has a 50 day simple moving average of $7.75 and a 200 day simple moving average of $7.50. TriplePoint Venture Growth BDC has a fifty-two week low of $6.44 and a fifty-two week high of $11.01.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TPVG shares. StockNews.com raised shares of TriplePoint Venture Growth BDC from a “sell” rating to a “hold” rating in a research note on Friday, November 15th. Wells Fargo & Company raised their price objective on shares of TriplePoint Venture Growth BDC from $6.50 to $7.50 and gave the company an “equal weight” rating in a research note on Tuesday, November 19th. Piper Sandler reduced their price objective on shares of TriplePoint Venture Growth BDC from $8.00 to $7.50 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Keefe, Bruyette & Woods raised shares of TriplePoint Venture Growth BDC from an “underperform” rating to a “market perform” rating and reduced their price objective for the company from $8.00 to $7.50 in a research note on Thursday, November 7th. Finally, Compass Point raised their price objective on shares of TriplePoint Venture Growth BDC from $7.50 to $8.00 and gave the company a “neutral” rating in a research note on Thursday, December 5th. Seven analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $7.70.

About TriplePoint Venture Growth BDC

TriplePoint Venture Growth BDC Corp. is a business development company specializing investments in venture capital-backed companies at the growth stage investments. It also provides debt financing to venture growth space companies which includes growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments.