While Ares Capital Corp has underperformed by -1.60%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ARCC rose by 13.82%, with highs and lows ranging from $23.84 to $19.32, whereas the simple moving average jumped by 6.47% in the last 200 days.
On Feb-07-25, Raymond James Downgraded Ares Capital Corp (NASDAQ: ARCC) to Mkt Perform. A report published by Wells Fargo on December 12, 2024, Upgraded its rating to ‘Overweight’ for ARCC. Wells Fargo also Upgraded ARCC shares as ‘Overweight’, setting a target price of $23 on the company’s shares in a report dated December 02, 2024. B. Riley Securities initiated its ‘Buy’ rating for ARCC, as published in its report on June 16, 2023. Wells Fargo’s report from April 18, 2023 suggests a price prediction of $18 for ARCC shares, giving the stock a ‘Equal Weight’ rating. Hovde Group also rated the stock as ‘Outperform’.
Analysis of Ares Capital Corp (ARCC)
The current dividend for ARCC investors is set at $1.92 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 18.30%, showing a positive trend in the upcoming months.
As an indicator of volatility for any stock, average volume can also be very valuable, and ARCC is recording an average volume of 4.68M. On a monthly basis, the volatility of the stock is set at 1.45%, whereas on a weekly basis, it is put at 2.52%, with a loss of -2.95% over the past seven days. Furthermore, long-term investors anticipate a median target price of $22.64, showing decline from the present price of $22.73, which can serve as yet another indication of whether ARCC is worth investing in or should be passed over.
How Do You Analyze Ares Capital Corp Shares?
Ares Capital Corp (ARCC) is based in the USA and is one of the most prominent companies operating in the Asset Management market. When comparing Ares Capital Corp shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 8.74, there is a growth in quarterly earnings of -21.20%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.53%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 30.40% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ARCC shares are owned by institutional investors to the tune of 30.40% at present.
