PennantPark Floating Rate Capital Ltd. (PFLT): Price and Financial Metrics
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PFLT POWR Grades
- PFLT scores best on the Momentum dimension, with a Momentum rank ahead of 93.06% of US stocks.
- PFLT's strongest trending metric is Growth; it's been moving down over the last 177 days.
- PFLT ranks lowest in Growth; there it ranks in the 9th percentile.
PFLT Stock Summary
- PFLT's current price/earnings ratio is 144.19, which is higher than 96.69% of US stocks with positive earnings.
- Of note is the ratio of PENNANTPARK FLOATING RATE CAPITAL LTD's sales and general administrative expense to its total operating expenses; 86.98% 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 99.63% of US stocks.
- Stocks with similar financial metrics, market capitalization, and price volatility to PENNANTPARK FLOATING RATE CAPITAL LTD are NMFC, GSBD, FSK, PNNT, and GBDC.
- Visit PFLT's SEC page to see the company's official filings. To visit the company's web site, go to index.php.
PFLT Valuation Summary
- PFLT's price/sales ratio is 5.1; this is 325% higher than that of the median Financial Services stock.
- PFLT's price/sales ratio has moved NA NA over the prior 140 months.
Below are key valuation metrics over time for PFLT.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| PFLT | 2023-01-23 | 5.1 | 1 | 155.1 | 34.5 |
| PFLT | 2023-01-20 | 5.0 | 1 | 154.0 | 34.4 |
| PFLT | 2023-01-19 | 5.0 | 1 | 153.6 | 34.4 |
| PFLT | 2023-01-18 | 5.1 | 1 | 154.4 | 34.5 |
| PFLT | 2023-01-17 | 5.2 | 1 | 159.7 | 35.0 |
| PFLT | 2023-01-13 | 5.2 | 1 | 159.2 | 34.9 |
PFLT Growth Metrics
- The 5 year net cashflow from operations growth rate now stands at -28.38%.
- The 2 year cash and equivalents growth rate now stands at 66.91%.
- Its year over year cash and equivalents growth rate is now at -24.8%.
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 |
|---|---|---|---|
| 2022-09-30 | 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 |
| 2021-06-30 | 82.83016 | 182.4823 | 69.49747 |
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) |
PFLT Stock Price Chart Interactive Chart >
PFLT Price/Volume Stats
| Current price | $11.01 | 52-week high | $14.38 |
| Prev. close | $10.98 | 52-week low | $9.43 |
| Day low | $10.97 | Volume | 336,900 |
| Day high | $11.08 | Avg. volume | 562,848 |
| 50-day MA | $11.30 | Dividend yield | 10.35% |
| 200-day MA | $11.62 | Market Cap | 499.26M |
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 Monthly Distribution of $0.095 per ShareMIAMI, Feb. 02, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE: PFLT) declares its monthly distribution for February 2023 of $0.095 per share, payable on March 1, 2023 to stockholders of record as of February 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 Co |
PennantPark Floating Rate Capital Ltd. Announces Public Offering of Common StockMIAMI, Jan. 23, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) (TASE: PFLT) today announced that it has commenced an underwritten primary offering of 4,250,000 shares of its common stock (the “Offering”). The Company also expects to grant the underwriters an option to purchase 637,500 additional shares of its common stock. The Offering will be made pursuant to the Company’s shelf registration statement, which was filed with, and has been declared eff |
PennantPark Floating Rate Capital Ltd. Schedules Earnings Release of First Fiscal Quarter 2023 ResultsMIAMI, Jan. 05, 2023 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the "Company") (NYSE: PFLT) (TASE:PFLT) announced that it will report results for the first fiscal quarter ended December 31, 2022 on Wednesday, February 8, 2023 after the close of the financial markets. |
Maxim Group Reaffirms Their Hold Rating on Pennantpark Floating Rate (PFLT)In a report released yesterday, Michael Diana from Maxim Group maintained a Hold rating on Pennantpark Floating Rate (PFLT - Research Report). The company's shares opened today at $11.32.Diana covers the Financial sector, focusing on stocks such as AGNC Investment, Ellington Financial, and Svb Financial Group. According to TipRanks, Diana has an average return of 13.2% and a 49.78% success rate on recommended stocks. Pennantpark Floating Rate has an analyst consensus of Hold.See today’s best-performing stocks on TipRanks >>The company has a one-year high of $13.58 and a one-year low of $9.26. Currently, Pennantpark Floating Rate has an average volume of 289K. |
PennantPark Floating Rate Capital (PFLT) Q4 2022 Earnings Call TranscriptPennantPark Floating Rate Capital (NYSE:NYSE:PFLT) Q4 2022 Earnings Conference Call November 17, 2022 09:00 ET Company Participants Art Penn - Founder, Chairman & Chief Executive… |
PFLT Price Returns
| 1-mo | -1.28% |
| 3-mo | -2.40% |
| 6-mo | -5.19% |
| 1-year | -8.22% |
| 3-year | 23.08% |
| 5-year | 32.93% |
| YTD | 1.06% |
| 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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