Hercules Capital (HTGC) Projected to Post Earnings on Thursday

Hercules Capital (NYSE:HTGC) is expected to be posting its quarterly earnings results after the market closes on Thursday, February 13th. Analysts expect Hercules Capital to post earnings of $0.51 per share and revenue of $126.17 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Hercules Capital Stock Performance

Hercules Capital stock opened at $20.63 on Tuesday. Hercules Capital has a 52 week low of $16.95 and a 52 week high of $21.78. The stock has a fifty day moving average price of $20.08 and a 200 day moving average price of $19.60. The firm has a market capitalization of $3.35 billion, a P/E ratio of 10.21 and a beta of 1.35. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.94.

Wall Street Analyst Weigh In

HTGC has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods upgraded shares of Hercules Capital from a “market perform” rating to an “outperform” rating and increased their target price for the company from $19.50 to $21.50 in a research report on Thursday, December 12th. Wells Fargo & Company lifted their price objective on Hercules Capital from $20.00 to $21.00 and gave the company an “overweight” rating in a report on Tuesday, October 29th. Finally, JMP Securities reissued a “market outperform” rating and set a $22.00 price target 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.