Hercules Capital (HTGC) Scheduled to Post Quarterly Earnings on Wednesday

Hercules Capital (NYSE:HTGC) is scheduled to release its earnings data after the market closes on Wednesday, October 30th. Analysts expect Hercules Capital to post earnings of $0.34 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Hercules Capital (NYSE:HTGC) last posted its quarterly earnings results on Thursday, August 1st. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.03. Hercules Capital had a net margin of 53.97% and a return on equity of 12.25%. The business had revenue of $69.26 million during the quarter, compared to the consensus estimate of $63.07 million. During the same quarter last year, the firm posted $0.29 EPS. Hercules Capital’s revenue was up 39.7% compared to the same quarter last year. On average, analysts expect Hercules Capital to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE HTGC opened at $13.61 on Wednesday. The company has a fifty day simple moving average of $13.30 and a 200 day simple moving average of $13.05. Hercules Capital has a 12-month low of $10.57 and a 12-month high of $14.17. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.98. The company has a market cap of $1.40 billion, a P/E ratio of 11.44 and a beta of 0.87.

Several analysts recently issued reports on HTGC shares. TheStreet raised shares of Hercules Capital from a “c+” rating to a “b” rating in a research report on Monday, September 16th. ValuEngine downgraded shares of Hercules Capital from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Finally, Compass Point set a $13.00 price target on shares of Hercules Capital and gave the company a “hold” rating in a research report on Tuesday, July 2nd. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. Hercules Capital presently has an average rating of “Hold” and an average price target of $13.38.

About Hercules Capital

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.

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Earnings History for Hercules Capital (NYSE:HTGC)

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