First Eagle Alternative Capital BDC, Inc. (FCRD): Price and Financial Metrics


First Eagle Alternative Capital BDC, Inc. (FCRD): $3.84

-0.12 (-3.03%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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FCRD Price/Volume Stats

Current price $3.84 52-week high $5.67
Prev. close $3.96 52-week low $1.56
Day low $3.50 Volume 138,500
Day high $3.96 Avg. volume 65,351
50-day MA $3.76 Dividend yield 10.42%
200-day MA $3.30 Market Cap 115.62M

First Eagle Alternative Capital BDC, Inc. (FCRD) Company Bio


THL Credit, Inc. is a business development company specializing in direct and fund of fund investments. The fund seeks to invest in debt and equity securities of middle market companies. It seeks to invest in PIPES, growth, acquisition, market or product expansion, recapitalization, mature, and change of control transactions in both sponsored and unsponsored issuers. The fund does not intend to invest in start-up companies, operationally distressed situations, or companies with speculative business plans. The fund invests primarily in debt securities, including unsecured subordinated or mezzanine debt and second lien secured debt, which may include an associated equity component such as warrants, preferred stock, options to buy minority interest, and other similar securities. Its investments may also include high-yield bonds, private equity investments, securities of public companies that are broadly traded, and securities of non-United States companies. It seeks to invest in outsourced business services, healthcare, financials, retailing, media, and consumer discretionary. The fund may make direct equity investments, including equity investments into or through funds, and also selectively invest in syndicated first lien secured loans, including unitranche investments. It seeks to invest between $10 million and $25 million of capital per transaction in companies with annual revenues ranging from $25 million to $500 million and annual EBITDA between $5 million and $25 million. The fund prefers to be a lead or sole investor in a transaction.

FCRD Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$3.84$0.72 -82%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for First Eagle Alternative Capital BDC Inc. To summarize, we found that First Eagle Alternative Capital BDC Inc ranked in the 18th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of First Eagle Alternative Capital BDC Inc, consider:

  • The stock's equity weight, or the proportion of capital from equity relative to debt, is 42. Notably, its equity weight is greater than merely 19.04% of US equities in the Financial Services sector yielding a positive free cash flow.
  • First Eagle Alternative Capital BDC Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-82%
1%-82%
2%-82%
3%-82%
4%-81%
5%-81%

For other companies in the Financial Services that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as FCRD, try ARGO, V, PROS, AXS, and TRUP.


FCRD Latest News Stream


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Latest FCRD News From Around the Web

Below are the latest news stories about First Eagle Alternative Capital BDC Inc that investors may wish to consider to help them evaluate FCRD as an investment opportunity.

First Eagle Alternative Capital declares $0.10 dividend

First Eagle Alternative Capital (FCRD) declares $0.10/share quarterly dividend, in line with previous.Forward yield 10.05%Payable March 31; for shareholders of record March 15; ex-div March 12.See FCRD Dividend Scorecard, Yield Chart, & Dividend Growth....

Seeking Alpha | March 4, 2021

First Eagle Alternative Capital BDC, Inc. Schedules Earnings Release and Conference Call for the Fourth Quarter and Fiscal Year Ended December 31, 2020

BOSTON, Feb. 08, 2021 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) (the “Company") today announced that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2020, after the market closes on Thursday, March 4, 2021. The Company will host a conference call to discuss these results and its business outlook on Friday, March 5, 2021, at 9:30 a.m. Eastern Time. For those wishing to participate by telephone, please dial (877) 375-9141 (domestic) or (253) 237-1151 (international) and use passcode 1894272. The Company will also broadcast the conference call live via the Investor Relations section of its website at www.feacbdc.com. Starting approximately two hours after the conclusion of the call, a replay will be available...

Yahoo | February 8, 2021

10 Cheap Stocks Billionaire Leon Cooperman Is Buying

In this article we will share billionaire Leon Cooperman’s 10 cheap stock picks. Click to skip ahead and see 5 Cheap Stocks Billionaire Lee Cooperman Is Buying. Billionaire Leon “Lee” Cooperman is in the news after continuously grilling the GameStop speculation that is currently rattling the U.S. markets. Son of a plumber, Cooperman grew up […]

Yahoo | February 2, 2021

First Eagle Alternative Credit COO & CFO Terry Olson to Retire

BOSTON, Jan. 20, 2021 (GLOBE NEWSWIRE) -- First Eagle Alternative Credit, LLC today announced that Terry Olson, chief operating officer and chief financial officer, has elected to retire effective June 30, 2021. The Company will implement a plan that includes a search to identify a replacement CFO and transition of Olson’s operating responsibilities. “On behalf of everyone at First Eagle, I extend our heartfelt gratitude to Terry for his many years of service and important contributions to our growth and success,” said Chris Flynn, President of First Eagle Alternative Credit. “He has helped make us a better business, a more cohesive team, and played a vital role as we joined forces with First Eagle over the last year. We appreciate his commitment to assuring a seamless transition to his...

Yahoo | January 20, 2021

Where Do Hedge Funds Stand On First Eagle Alternative Capital BDC, Inc. (FCRD)?

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 817 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

Yahoo | December 3, 2020

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FCRD Price Returns

1-mo 1.05%
3-mo 1.17%
6-mo 37.03%
1-year -12.29%
3-year -27.15%
5-year -23.66%
YTD 5.21%
2020 -29.84%
2019 17.59%
2018 -23.02%
2017 1.29%
2016 6.16%

FCRD Dividends

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