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

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

Bain Capital Specialty Finance Trading Up 1.7 %

The firm has a market capitalization of $1.14 billion, a PE ratio of 8.84 and a beta of 1.12. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 1.13. The business's fifty day moving average price is $16.92 and its 200 day moving average price is $16.70.

Bain Capital Specialty Finance (NYSE:BCSF - Get Free Report) last issued its earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share (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 firm had revenue of $72.54 million for the quarter. During the same period in the prior year, the business earned $0.55 EPS. As a group, analysts expect that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current fiscal year.

Institutional Trading of Bain Capital Specialty Finance

Several large investors have recently added to or reduced their stakes in BCSF. International Assets Investment Management LLC lifted its stake in shares of Bain Capital Specialty Finance by 1,551.4% during the third quarter. International Assets Investment Management LLC now owns 526,706 shares of the company's stock valued at $87,430,000 after acquiring an additional 494,812 shares during the period. Van ECK Associates Corp grew its position in shares of Bain Capital Specialty Finance by 18.4% in the 2nd 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. First National Trust Co increased its position in shares of Bain Capital Specialty Finance by 189.6% during the third quarter. First National Trust Co now owns 91,690 shares of the company's stock worth $1,522,000 after acquiring an additional 60,024 shares in the last quarter. Deerfield Management Company L.P. Series C raised its stake in shares of Bain Capital Specialty Finance by 213.8% in the 2nd quarter. Deerfield Management Company L.P. Series C now owns 79,569 shares of the company's stock valued at $1,298,000 after purchasing an additional 54,213 shares during the period. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in shares of Bain Capital Specialty Finance by 10.4% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 465,868 shares of the company's stock valued at $7,733,000 after purchasing an additional 43,794 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.