PennantPark Floating Rate Capital Ltd. (PFLT): Price and Financial Metrics
PFLT Price/Volume Stats
| Current price | $10.81 | 52-week high | $13.22 |
| Prev. close | $10.77 | 52-week low | $9.43 |
| Day low | $10.73 | Volume | 388,011 |
| Day high | $10.85 | Avg. volume | 372,807 |
| 50-day MA | $10.72 | Dividend yield | 11.4% |
| 200-day MA | $11.01 | Market Cap | 537.60M |
PFLT Stock Price Chart Interactive Chart >
PFLT POWR Grades
- Growth is the dimension where PFLT ranks best; there it ranks ahead of 92.94% of US stocks.
- The strongest trend for PFLT is in Growth, which has been heading up over the past 179 days.
- PFLT ranks lowest in Value; there it ranks in the 18th percentile.
PFLT Stock Summary
- Of note is the ratio of PENNANTPARK FLOATING RATE CAPITAL LTD's sales and general administrative expense to its total operating expenses; 87.44% of US stocks have a lower such ratio.
- The ratio of debt to operating expenses for PENNANTPARK FLOATING RATE CAPITAL LTD is higher than it is for about 99.61% of US stocks.
- The volatility of PENNANTPARK FLOATING RATE CAPITAL LTD's share price is greater than that of merely 6.22% US stocks with at least 200 days of trading history.
- Stocks with similar financial metrics, market capitalization, and price volatility to PENNANTPARK FLOATING RATE CAPITAL LTD are NMFC, GSBD, FSK, GBDC, and PNNT.
- PFLT's SEC filings can be seen here. And to visit PENNANTPARK FLOATING RATE CAPITAL LTD's official web site, go to index.php.
PFLT Valuation Summary
- PFLT's price/sales ratio is 4.5; this is 104.55% higher than that of the median Financial Services stock.
- PFLT's price/sales ratio has moved NA NA over the prior 144 months.
Below are key valuation metrics over time for PFLT.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| PFLT | 2023-05-19 | 4.5 | 1 | -43.0 | 46.3 |
| PFLT | 2023-05-18 | 4.5 | 1 | -43.1 | 46.4 |
| PFLT | 2023-05-17 | 4.5 | 1 | -42.9 | 46.3 |
| PFLT | 2023-05-16 | 4.5 | 1 | -42.7 | 46.1 |
| PFLT | 2023-05-15 | 4.5 | 1 | -43.1 | 46.4 |
| PFLT | 2023-05-12 | 4.5 | 1 | -43.3 | 46.5 |
PFLT Growth Metrics
- Its 2 year cash and equivalents growth rate is now at 66.91%.
- Its 4 year net cashflow from operations growth rate is now at -28.38%.
- The 4 year net income to common stockholders growth rate now stands at -98.32%.
The table below shows PFLT's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 110.488 | 40.18748 | -12.598 |
| 2022-09-30 | 105.485 | -49.962 | 3.453 |
| 2022-06-30 | 98.31856 | -186.4371 | 20.59874 |
| 2022-03-31 | 93.49546 | -170.2095 | 40.39122 |
| 2021-12-31 | 88.29548 | -88.27243 | 44.81856 |
| 2021-09-30 | 82.69351 | 49.57163 | 56.51604 |
PFLT's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- PFLT has a Quality Grade of C, ranking ahead of 68.24% of graded US stocks.
- PFLT's asset turnover comes in at 0.074 -- ranking 272nd of 446 Trading stocks.
- MS, OFS, and DX are the stocks whose asset turnover ratios are most correlated with PFLT.
The table below shows PFLT's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.074 | 0.788 | 0.055 |
| 2021-03-31 | 0.074 | 0.786 | 0.053 |
| 2020-12-31 | 0.079 | 0.781 | 0.034 |
| 2020-09-30 | 0.079 | 0.783 | 0.025 |
| 2020-06-30 | 0.081 | 0.783 | 0.020 |
| 2020-03-31 | 0.082 | 0.783 | 0.015 |
PFLT Price Target
For more insight on analysts targets of PFLT, see our PFLT price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $13.33 | Average Broker Recommendation | 1.83 (Hold) |
PennantPark Floating Rate Capital Ltd. (PFLT) Company Bio
PennantPark Floating Rate Capital Ltd. is a business development company. The Company is a closed-end, externally managed and non-diversified investment company. Its investment objectives are to generate current income and capital appreciation by investing primarily in floating rate loans and other investments made to the United States middle-market companies. The company is based in New York City, New York.
Latest PFLT News From Around the Web
Below are the latest news stories about PENNANTPARK FLOATING RATE CAPITAL LTD that investors may wish to consider to help them evaluate PFLT as an investment opportunity.
PennantPark Floating Rate Capital Ltd. Announces 2.5% Increase of Its Monthly Distribution to $0.1025 Per Share and Financial Results for the Quarter Ended March 31, 2023MIAMI, May 10, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today its financial results for the second quarter ended March 31, 2023. HIGHLIGHTSQuarter ended March 31, 2023 (unaudited)($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $1,164.0 Net assets $554.7 GAAP net asset value per share $11.15 Quarterly decrease in GAAP net asset value per share (1.3)%Adjusted net asset value per share (2) $11.10 Q |
PennantPark Floating Rate Capital Ltd. Announces Monthly Distribution of $0.10 per ShareMIAMI, May 02, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for May 2023 of $0.10 per share, payable on June 1, 2023 to stockholders of record as of May 16, 2023. The distribution is expected to be paid from taxable net investment income. The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's perio |
PennantPark Floating Rate Capital Ltd.’s Unconsolidated Joint Venture, PennantPark Senior Secured Loan Fund I, LLC Completes $297.8 Million CLO, Marking Continued Growth in PennantPark’s Middle Market CLO Platform with Six CLOs Under ManagementMIAMI, April 13, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) (TASE: PFLT) today announced that PennantPark Senior Secured Loan Fund I, LLC (“PSSL”) through PSSL’s wholly-owned and consolidated subsidiary, PennantPark CLO VI, LLC (“CLO VI”) has closed a four-year reinvestment period, twelve-year final maturity $297.8 million debt securitization in the form of a collateralized loan obligation (“CLO”). The debt issued in the CLO (the “Debt”) is struc |
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of Second Fiscal Quarter 2023 ResultsMIAMI, April 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the second fiscal quarter ended March 31, 2023 on Wednesday, May 10, 2023 after the close of the financial markets. The Company will also host a conference call at 9:00 a.m. (Eastern Time) on Thursday May 11, 2023 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by |
PennantPark Floating Rate Capital Ltd. Announces 5.3% Increase of Its Monthly Distribution to $0.10 per Share and Financial Results for the Quarter Ended December 31, 2022MIAMI, Feb. 08, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (NYSE: PFLT) (TASE: PFLT) announced today financial results for the first fiscal quarter ended December 31, 2022. HIGHLIGHTS Quarter ended December 31, 2022 (Unaudited) ($ in millions, except per share amounts) Assets and Liabilities: Investment portfolio (1) $1,151.1 Net assets $513.5 GAAP net asset value per share $11.30 Quarterly decrease in GAAP net asset value per share (2.7)%Adjusted net asset value per share ( |
PFLT Price Returns
| 1-mo | 3.11% |
| 3-mo | 0.97% |
| 6-mo | -1.16% |
| 1-year | -0.85% |
| 3-year | 74.68% |
| 5-year | 28.64% |
| YTD | 2.93% |
| 2022 | -5.53% |
| 2021 | 32.64% |
| 2020 | -1.41% |
| 2019 | 14.63% |
| 2018 | -9.47% |
PFLT Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching PFLT
Here are a few links from around the web to help you further your research on PennantPark Floating Rate Capital Ltd's stock as an investment opportunity:PennantPark Floating Rate Capital Ltd (PFLT) Stock Price | Nasdaq
PennantPark Floating Rate Capital Ltd (PFLT) Stock Quote, History and News - Yahoo Finance
PennantPark Floating Rate Capital Ltd (PFLT) Stock Price and Basic Information | MarketWatch
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