Hercules Capital (HTGC) Expected to Announce Earnings on Thursday

Hercules Capital (NYSE:HTGC) is projected to post its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Hercules Capital to post earnings of $0.51 per share and revenue of $126.17 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Hercules Capital Stock Down 1.1 %

HTGC stock opened at $20.63 on Tuesday. The business’s fifty day moving average price is $20.08 and its two-hundred day moving average price is $19.60. Hercules Capital has a fifty-two week low of $16.95 and a fifty-two week high of $21.78. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.61 and a quick ratio of 1.61. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 10.21 and a beta of 1.35.

Analyst Ratings Changes

Several analysts have recently commented on the company. Keefe, Bruyette & Woods upgraded Hercules Capital from a “market perform” rating to an “outperform” rating and raised their target price for the company from $19.50 to $21.50 in a research note on Thursday, December 12th. JMP Securities reaffirmed a “market outperform” rating and issued a $22.00 price target on shares of Hercules Capital in a research report on Monday, January 6th. Finally, Wells Fargo & Company raised their price objective on shares of Hercules Capital from $20.00 to $21.00 and gave the company an “overweight” rating in a research report on Tuesday, October 29th.

Hercules Capital Company Profile

Hercules Capital, Inc is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.