Media stories about WhiteHorse Finance (NASDAQ:WHF) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. WhiteHorse Finance earned a news sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 45.9697591332458 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
A number of equities research analysts have commented on WHF shares. Zacks Investment Research upgraded shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a report on Thursday, May 4th. Robert W. Baird upgraded shares of WhiteHorse Finance from a “neutral” rating to an “outperform” rating and set a $15.00 price target for the company in a report on Thursday, June 29th. ValuEngine upgraded shares of WhiteHorse Finance from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Finally, BidaskClub raised shares of WhiteHorse Finance from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $14.33.
WhiteHorse Finance (NASDAQ WHF) traded down 0.21% on Friday, hitting $14.29. 146,267 shares of the company’s stock were exchanged. WhiteHorse Finance has a 52-week low of $10.30 and a 52-week high of $14.75. The firm has a 50 day moving average price of $13.52 and a 200-day moving average price of $13.69.
WhiteHorse Finance (NASDAQ:WHF) last released its earnings results on Tuesday, August 8th. The investment management company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.02. WhiteHorse Finance had a net margin of 62.57% and a return on equity of 10.57%. The company had revenue of $14.29 million for the quarter, compared to analysts’ expectations of $12.57 million. On average, equities analysts predict that WhiteHorse Finance will post $1.41 earnings per share for the current year.
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WhiteHorse Finance Company Profile
WhiteHorse Finance, Inc is a non-diversified, closed-end management investment company. The Company is a direct lender targeting debt investments in privately held, small-cap companies located in the United States. The Company’s investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing small-cap companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate (LIBOR) and have a term of 3 to 6 years.
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