WhiteHorse Finance (WHF) to Release Earnings on Friday

WhiteHorse Finance (NASDAQ:WHF) is anticipated to release its earnings data before the market opens on Friday, March 7th. Analysts expect WhiteHorse Finance to post earnings of $0.40 per share and revenue of $22.43 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

WhiteHorse Finance Stock Performance

WHF opened at $10.79 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.19. The company’s fifty day moving average price is $10.33 and its two-hundred day moving average price is $10.96. WhiteHorse Finance has a 1-year low of $9.45 and a 1-year high of $13.44. The company has a market cap of $250.79 million, a price-to-earnings ratio of 23.98 and a beta of 1.25.

Analysts Set New Price Targets

Several brokerages have recently commented on WHF. JPMorgan Chase & Co. lowered their target price on shares of WhiteHorse Finance from $10.00 to $9.50 and set an “underweight” rating for the company in a report on Monday, February 3rd. StockNews.com lowered shares of WhiteHorse Finance from a “buy” rating to a “hold” rating in a research report on Friday, November 8th. Raymond James restated a “market perform” rating on shares of WhiteHorse Finance in a research report on Friday, November 8th. Finally, Oppenheimer lowered shares of WhiteHorse Finance from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $14.00 to $12.00 in a research report on Monday, November 11th.

WhiteHorse Finance Company Profile

WhiteHorse Finance, Inc is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It invests in broadline retail, office services and supplies, building products, health care services, health care supplies, research and consulting services, application software, home furnishings, specialized consumer services, data processing and outsourced services, leisure facilities, cable, and satellite.