Hercules Capital (HTGC) Expected to Announce Quarterly Earnings on Thursday

Hercules Capital (NYSE:HTGC - Get Free Report) is anticipated to announce its earnings results after the market closes on Thursday, February 13th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $126.17 million for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Hercules Capital Trading Up 0.2 %

Shares of HTGC stock traded up $0.04 during mid-day trading on Friday, reaching $20.87. 611,070 shares of the stock traded hands, compared to its average volume of 755,522. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 10.33 and a beta of 1.35. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.94. The stock's fifty day simple moving average is $20.05 and its two-hundred day simple moving average is $19.61. Hercules Capital has a 1-year low of $16.95 and a 1-year high of $21.78.

Analysts Set New Price Targets

HTGC has been the topic of a number of research reports. Wells Fargo & Company boosted their target price on shares of Hercules Capital from $20.00 to $21.00 and gave the stock an "overweight" rating in a report on Tuesday, October 29th. Keefe, Bruyette & Woods raised shares of Hercules Capital from a "market perform" rating to an "outperform" rating and boosted their price objective for the stock from $19.50 to $21.50 in a research note on Thursday, December 12th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $22.00 target price on shares of Hercules Capital in a research report on Monday, January 6th.

About Hercules Capital

Hercules Capital, Inc is a business development company. The firm specializing in providing venture debt, debt, senior secured loans, and growth capital to privately held venture capital-backed companies at all stages of development from startups to expansion stage including select publicly listed companies and select special opportunity lower middle market companies that require additional capital to fund acquisitions, recapitalizations and refinancing and established-stage companies.