Bain Capital Specialty Finance (NYSE:BCSF) Hits New 12-Month High – What’s Next?

Bain Capital Specialty Finance, Inc. (NYSE:BCSF)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $17.97 and last traded at $17.88, with a volume of 20116 shares. The stock had previously closed at $17.80.

Bain Capital Specialty Finance Stock Up 0.7 %

The company has a market cap of $1.16 billion, a price-to-earnings ratio of 9.07 and a beta of 1.10. The stock has a 50-day simple moving average of $17.27 and a 200-day simple moving average of $16.87. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.13.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.03. The company had revenue of $72.54 million for the quarter. Bain Capital Specialty Finance had a return on equity of 11.90% and a net margin of 43.62%. During the same period in the prior year, the company posted $0.55 EPS. As a group, analysts predict that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP increased its stake in shares of Bain Capital Specialty Finance by 74.2% in the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after buying an additional 1,268 shares during the period. Quantbot Technologies LP bought a new position in Bain Capital Specialty Finance in the third quarter valued at about $136,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Bain Capital Specialty Finance in the fourth quarter worth about $151,000. Farther Finance Advisors LLC bought a new stake in Bain Capital Specialty Finance during the 3rd quarter worth about $182,000. Finally, Centiva Capital LP acquired a new position in Bain Capital Specialty Finance during the 3rd quarter valued at about $199,000.

About Bain Capital Specialty Finance

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.