Media coverage about Garrison Capital (NASDAQ:GARS) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Garrison Capital earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 45.4555754266095 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Garrison Capital (NASDAQ GARS) opened at $8.19 on Monday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 10.29 and a current ratio of 10.29. Garrison Capital has a 12 month low of $7.77 and a 12 month high of $10.15. The company has a market cap of $131.44, a P/E ratio of 24.09 and a beta of 0.24.
Garrison Capital (NASDAQ:GARS) last announced its quarterly earnings data on Tuesday, November 7th. The investment management company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.02). Garrison Capital had a net margin of 14.66% and a return on equity of 9.33%. The business had revenue of $8.90 million for the quarter. equities research analysts predict that Garrison Capital will post 1.09 earnings per share for the current year.
A number of analysts recently commented on the stock. Zacks Investment Research upgraded shares of Garrison Capital from a “strong sell” rating to a “hold” rating in a research note on Friday, December 29th. ValuEngine upgraded shares of Garrison Capital from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st. National Securities reiterated a “neutral” rating and issued a $10.00 target price on shares of Garrison Capital in a research note on Monday, November 13th. Finally, Maxim Group reiterated a “buy” rating and issued a $11.00 target price on shares of Garrison Capital in a research note on Thursday, November 9th. Six equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $10.13.
In other news, CFO Brian S. Chase bought 4,000 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was purchased at an average cost of $8.15 per share, with a total value of $32,600.00. Following the acquisition, the chief financial officer now directly owns 50,135 shares in the company, valued at $408,600.25. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Brian S. Chase bought 7,000 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were purchased at an average cost of $8.17 per share, with a total value of $57,190.00. Following the completion of the acquisition, the chief financial officer now owns 59,135 shares in the company, valued at $483,132.95. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 40,602 shares of company stock valued at $337,332. Company insiders own 5.80% of the company’s stock.
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About Garrison Capital
Garrison Capital Inc is a managed, closed-end, non-diversified management investment company. The Company’s investment objective is to generate current income and capital appreciation by making investments primarily in debt securities and loans of the United States-based middle-market companies, which it defines as those having annual earnings before interest, taxes and depreciation, or EBITDA, of certain amount.
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