Ratings for Runway Gwth Fin RWAY were provided by 5 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 0 | 5 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 1 | 0 | 0 |
3M Ago | 0 | 0 | 3 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $12.15, a high estimate of $12.75, and a low estimate of $11.50. Experiencing a 6.54% decline, the current average is now lower than the previous average price target of $13.00.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Runway Gwth Fin among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Melissa Wedel | JP Morgan | Lowers | Neutral | $11.50 | $12.50 |
Derek Hewett | B of A Securities | Announces | Neutral | $12.00 | - |
Bryce Rowe | B. Riley Securities | Lowers | Neutral | $12.50 | $13.50 |
Casey Alexander | Compass Point | Maintains | Neutral | $12.75 | - |
Timothy O'Shea | Wells Fargo | Lowers | Equal-Weight | $12.00 | $13.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Runway Gwth Fin. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Runway Gwth Fin compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Runway Gwth Fin's stock. This examination reveals shifts in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Runway Gwth Fin's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Runway Gwth Fin analyst ratings.
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Delving into Runway Gwth Fin's Background
Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries. The company has Investments in the United States, Germany, and Canada, with the majority of its portfolio invested in the United States.
Runway Gwth Fin: Financial Performance Dissected
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Runway Gwth Fin's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 2.25%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Runway Gwth Fin's net margin excels beyond industry benchmarks, reaching 86.59%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Runway Gwth Fin's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.24%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Runway Gwth Fin's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.14%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Runway Gwth Fin's debt-to-equity ratio is below the industry average. With a ratio of 0.9, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Significance of Analyst Ratings Explained
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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