Bain Capital Specialty Finance (NYSE:BCSF) Sets New 1-Year High – Should You Buy?

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

Bain Capital Specialty Finance Price Performance

The firm has a market capitalization of $1.14 billion, a P/E ratio of 8.84 and a beta of 1.12. The business’s 50-day simple moving average is $16.93 and its 200 day simple moving average is $16.70. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13.

Bain Capital Specialty Finance (NYSE:BCSF) last issued its earnings results on Tuesday, November 5th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. The company had revenue of $72.54 million for the quarter. During the same quarter in the previous year, the business earned $0.55 EPS. Sell-side analysts forecast that Bain Capital Specialty Finance, Inc. will post 2.06 earnings per share for the current year.

Institutional Investors Weigh In On Bain Capital Specialty Finance

Institutional investors have recently bought and sold shares of the stock. Van ECK Associates Corp boosted its stake in shares of Bain Capital Specialty Finance by 18.4% during the second quarter. Van ECK Associates Corp now owns 1,049,379 shares of the company’s stock valued at $17,116,000 after purchasing an additional 162,956 shares during the period. International Assets Investment Management LLC boosted its position in Bain Capital Specialty Finance by 1,551.4% during the 3rd quarter. International Assets Investment Management LLC now owns 526,706 shares of the company’s stock valued at $87,430,000 after buying an additional 494,812 shares during the period. Hennion & Walsh Asset Management Inc. grew its holdings in Bain Capital Specialty Finance by 10.4% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 465,868 shares of the company’s stock worth $7,733,000 after acquiring an additional 43,794 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Bain Capital Specialty Finance by 14.6% in the third quarter. Franklin Resources Inc. now owns 287,890 shares of the company’s stock valued at $4,779,000 after acquiring an additional 36,585 shares during the period. Finally, Rockefeller Capital Management L.P. raised its stake in shares of Bain Capital Specialty Finance by 5.5% during the third quarter. Rockefeller Capital Management L.P. now owns 270,826 shares of the company’s stock valued at $4,496,000 after acquiring an additional 14,223 shares during the last quarter.

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.