Bain Capital Specialty Finance (NYSE:BCSF) Reaches New 1-Year High – Still a Buy?

Bain Capital Specialty Finance, Inc. (NYSE:BCSF)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $17.39 and last traded at $17.39, with a volume of 5333 shares changing hands. The stock had previously closed at $17.31.

Bain Capital Specialty Finance Stock Up 0.6 %

The firm has a market cap of $1.12 billion, a P/E ratio of 8.75 and a beta of 1.12. The firm’s 50-day moving average price is $16.90 and its 200 day moving average price is $16.69. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.41 and a quick ratio of 1.41.

Bain Capital Specialty Finance (NYSE:BCSF) last released its quarterly earnings data on Tuesday, November 5th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.03. The firm had revenue of $72.54 million for the quarter. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. During the same quarter last year, the company earned $0.55 EPS. On average, equities research analysts expect that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current fiscal year.

Institutional Trading of Bain Capital Specialty Finance

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP raised its holdings in Bain Capital Specialty Finance by 74.2% during the second quarter. Quarry LP now owns 2,976 shares of the company’s stock worth $49,000 after purchasing an additional 1,268 shares in the last quarter. Quantbot Technologies LP acquired a new stake in Bain Capital Specialty Finance during the third quarter valued at approximately $136,000. BOKF NA bought a new stake in Bain Capital Specialty Finance during the second quarter worth approximately $159,000. Farther Finance Advisors LLC acquired a new position in Bain Capital Specialty Finance in the third quarter worth approximately $182,000. Finally, Centiva Capital LP acquired a new stake in shares of Bain Capital Specialty Finance during the 3rd quarter valued at $199,000.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.