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PFLT
Stock ticker:
NASDAQ
AS OF
Aug 5 closing price
Price
$12.99
Change
+$0.37 (+2.93%)
Capitalization
533.77M

PFLT Price Prediction, PennantPark Floating Rate Capital Ltd AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
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A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Aug 05, 2022

PFLT in +0.93% Uptrend, advancing for three consecutive days on August 02, 2022

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PFLT advanced for three days, in 166 of 349 cases, the price rose further within the following month. The odds of a continued upward trend are 48%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

PFLT moved above its 50-day moving average on July 01, 2022 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for PFLT crossed bullishly above the 50-day moving average on July 11, 2022. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 316 cases where PFLT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for PFLT moved out of overbought territory on August 04, 2022. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 64 cases where PFLT's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where PFLT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

PFLT broke above its upper Bollinger Band on July 28, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.057) is normal, around the industry mean (2.233). P/E Ratio (24.331) is within average values for comparable stocks, (16.998). Projected Growth (PEG Ratio) (0.262) is also within normal values, averaging (5.818). Dividend Yield (0.088) settles around the average of (0.073) among similar stocks. P/S Ratio (16.000) is also within normal values, averaging (25.910).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PFLT’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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published price charts
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published Earnings

PFLT is expected to report earnings to fall 2.86% to 28 cents per share on November 23

PennantPark Floating Rate Capital Ltd PFLT Stock Earnings Reports
Q3'22
Est.
$0.28
Q2'22
Beat
by $0.01
Q1'22
Beat
by $0.01
Q4'21
Beat
by $0.06
Q3'21
Missed
by $0.04
The last earnings report on August 03 showed earnings per share of 28 cents, beating the estimate of 28 cents. With 203.36K shares outstanding, the current market capitalization sits at 533.77M.
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A.I.Advisor
published Dividends

PFLT is expected to pay dividends on September 01, 2022

PennantPark Floating Rate Capital Ltd PFLT Stock Dividends
A dividend of $0.09 per share will be paid with a record date of September 01, 2022, and an ex-dividend date of August 17, 2022. The last dividend of $0.09 was paid on August 01. Read more...
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A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Bank of New York Mellon Corp (NYSE:BK), Ares Capital Corp (NASDAQ:ARCC), WisdomTree Investments (NASDAQ:WETF).

Industry description

Investment Managers manage financial assets and other investments of clients. Management includes designing a short- or long-term strategy for buying/holding and selling of portfolio holdings. It can also include tax services and other aspects of financial planning as well. While it is perceived that the industry is faced with growing competition from robo-advisors/digital platforms and passive/ index-tracking funds, many investors still find value in actively managed in-person services that investment management companies often emphasize on. At the same time, many wealth managers are also incorporating digital initiatives/low cost options in addition to their in-person customized services. Their main sources of revenues are fees as a percentage of assets under management, in addition to a certain portion of clients’ gains from asset appreciation. BlackRock, Inc., Blackstone Group Inc and Brookfield Asset Management are some of the major investment management companies.

Market Cap

The average market capitalization across the Investment Managers Industry is 4.31B. The market cap for tickers in the group ranges from 372 to 105.06B. BLK holds the highest valuation in this group at 105.06B. The lowest valued company is NVPLF at 372.

High and low price notable news

The average weekly price growth across all stocks in the Investment Managers Industry was 1%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was 49%. BAMGF experienced the highest price growth at 108%, while GLAE experienced the biggest fall at -81%.

Volume

The average weekly volume growth across all stocks in the Investment Managers Industry was -29%. For the same stocks of the Industry, the average monthly volume growth was 0% and the average quarterly volume growth was -31%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 36
P/E Growth Rating: 54
Price Growth Rating: 59
SMR Rating: 65
Profit Risk Rating: 80
Seasonality Score: -2 (-100 ... +100)
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published General Information

General Information

a private equity fund

Industry InvestmentManagers

Profile
Fundamentals
Details
Industry
N/A
Address
590 Madison Avenue
Phone
+1 212 905-1000
Employees
N/A
Web
http://www.pennantpark.com

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PFLT and

Correlation & Price change

A.I.dvisor indicates that over the last year, PFLT has been closely correlated with TCPC. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if PFLT jumps, then TCPC could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PFLT
1D Price
Change %
PFLT100%
+1.97%
TCPC - PFLT
73%
Closely correlated
+1.44%
PNNT - PFLT
73%
Closely correlated
-0.46%
NMFC - PFLT
72%
Closely correlated
+0.31%
CGBD - PFLT
71%
Closely correlated
+0.22%
MAIN - PFLT
70%
Closely correlated
+2.03%
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