Gladstone Investment Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $12.76
- Today's High:
- $13
- Open Price:
- $12.92
- 52W Low:
- $10.7157
- 52W High:
- $15.2555
- Prev. Close:
- $13.04
- Volume:
- 229900
Company Statistics
- Market Cap.:
- $436.26 million
- Book Value:
- 13.43
- Revenue TTM:
- $80.93 million
- Operating Margin TTM:
- 63.48%
- Gross Profit TTM:
- $72.55 million
- Profit Margin:
- 58.8%
- Return on Assets TTM:
- 4.26%
- Return on Equity TTM:
- 10.7%
Company Profile
Gladstone Investment Corporation had its IPO on 2005-06-23 under the ticker symbol GAIN.
The company operates in the Financial Services sector and Asset Management industry. Gladstone Investment Corporation has a staff strength of 0 employees.
Stock update
Shares of Gladstone Investment Corporation opened at $12.92 at the start of the last trading session i.e. 2023-03-19.
The stocks traded within a range of $12.76 - $13, and closed at $12.79.
This is a -1.92% slip from the previous day's closing price.
A total volume of 229,900 shares were traded at the close of the day’s session.
In the last one week, shares of Gladstone Investment Corporation have slipped by -3.75%.
Gladstone Investment Corporation's Key Ratios
Gladstone Investment Corporation has a market cap of $436.26 million, indicating a price to book ratio of 1.0125 and a price to sales ratio of 5.7532.
In the last 12-months Gladstone Investment Corporation’s revenue was $80.93 million with a gross profit of $72.55 million and an EBITDA of $0. The EBITDA ratio measures Gladstone Investment Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Gladstone Investment Corporation’s operating margin was 63.48% while its return on assets stood at 4.26% with a return of equity of 10.7%.
In Q4, Gladstone Investment Corporation’s quarterly earnings growth was a positive 51.6% while revenue growth was a positive 29%.
Gladstone Investment Corporation’s PE and PEG Ratio
- Forward PE
- 12.0919
- Trailing PE
- 9.1357
- PEG
- 5.4638
Its diluted EPS in the last 12-months stands at $1.4 per share while it has a forward price to earnings multiple of 12.0919 and a PEG multiple of 5.4638. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Gladstone Investment Corporation’s profitability.
Gladstone Investment Corporation stock is trading at a EV to sales ratio of 11.8027 and a EV to EBITDA ratio of 3.7319. Its price to sales ratio in the trailing 12-months stood at 5.7532.
Gladstone Investment Corporation stock pays annual dividends of $0.91 per share, indicating a yield of 7.37% and a payout ratio of 46.78%.
Balance sheet and cash flow metrics
- Total Assets
- $771.56 million
- Total Liabilities
- $258.88 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 46.78%
Gladstone Investment Corporation ended 2023 with $771.56 million in total assets and $0 in total liabilities. Its intangible assets were valued at $771.56 million while shareholder equity stood at $449.19 million.
Gladstone Investment Corporation ended 2023 with $0 in deferred long-term liabilities, $258.88 million in other current liabilities, 33000.00 in common stock, $11.82 million in retained earnings and $0 in goodwill. Its cash balance stood at $1.98 million and cash and short-term investments were $503.32 million. The company’s total short-term debt was $257,119,000 while long-term debt stood at $286.72 million.
Gladstone Investment Corporation’s total current assets stands at $507.40 million while long-term investments were $760.46 million and short-term investments were $501.34 million. Its net receivables were $4.08 million compared to accounts payable of $1.76 million and inventory worth $0.
In 2023, Gladstone Investment Corporation's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, Gladstone Investment Corporation paid $0.47 in dividends in 2023.
Other key metrics
- Current Trading Price
- $12.79
- 52-Week High
- $15.2555
- 52-Week Low
- $10.7157
- Analyst Target Price
- $14.2
Gladstone Investment Corporation stock is currently trading at $12.79 per share. It touched a 52-week high of $15.2555 and a 52-week low of $15.2555. Analysts tracking the stock have a 12-month average target price of $14.2.
Its 50-day moving average was $13.29 and 200-day moving average was $13.04 The short ratio stood at 11.48 indicating a short percent outstanding of 0%.
Around 220.9% of the company’s stock are held by insiders while 1541.4% are held by institutions.
Frequently Asked Questions About Gladstone Investment Corporation
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About
Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.