July 25, 2017 - By Adrian Erickson
Analysts expect Ares Capital Corporation (NASDAQ:ARCC) to report $0.36 EPS on August, 2 before the open.They anticipate $0.03 EPS change or 7.69% from last quarter’s $0.39 EPS. ARCC’s profit would be $153.94 million giving it 11.37 P/E if the $0.36 EPS is correct. After having $0.32 EPS previously, Ares Capital Corporation’s analysts see 12.50% EPS growth. The stock decreased 0.61% or $0.1 during the last trading session, reaching $16.37. About shares traded. Ares Capital Corporation (NASDAQ:ARCC) has risen 9.72% since July 25, 2016 and is uptrending. It has underperformed by 6.98% the S&P500.
Consolidated Water Co. Ltd. develops and operates seawater desalination plants and water distribution systems in areas where naturally occurring supplies of potable water are scarce or non-existent. The company has market cap of $190.58 million. The Firm operates in three divisions: retail water operations, bulk water activities and services operations. It has a 42.15 P/E ratio. The retail water activities segment produces and supplies water to end users, including residential, commercial and government customers.
Thomas J. Herzfeld Advisors Inc. holds 0.65% of its portfolio in Consolidated Water Co. Ltd. for 129,538 shares. New Jersey Better Educational Savings Trust owns 62,000 shares or 0.43% of their US portfolio. Moreover, Calvert Investment Management Inc. has 0.13% invested in the company for 314,379 shares. The Switzerland-based Robecosam Ag has invested 0.13% in the stock. Manchester Capital Management Llc, a Vermont-based fund reported 60,183 shares.
Since January 1, 0001, it had 0 buys, and 1 sale for $19,711 activity.
Analysts await Consolidated Water Co. Ltd. (NASDAQ:CWCO) to report earnings on August, 9 after the close. They expect $0.16 earnings per share, up 6.67% or $0.01 from last year’s $0.15 per share. CWCO’s profit will be $2.40 million for 19.84 P/E if the $0.16 EPS becomes a reality. After $0.18 actual earnings per share reported by Consolidated Water Co. Ltd. for the previous quarter, Wall Street now forecasts -11.11% negative EPS growth.
The stock decreased 1.55% or $0.2 during the last trading session, reaching $12.7. About shares traded. Consolidated Water Co. Ltd. (CWCO) has declined 12.40% since July 25, 2016 and is downtrending. It has underperformed by 29.10% the S&P500.
Among 12 analysts covering Ares Capital (NASDAQ:ARCC), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Ares Capital had 13 analyst reports since August 21, 2015 according to SRatingsIntel. UBS maintained Ares Capital Corporation (NASDAQ:ARCC) rating on Thursday, August 18. UBS has “Buy” rating and $17.50 target. BMO Capital Markets maintained the shares of ARCC in report on Wednesday, May 31 with “Hold” rating. The rating was initiated by DA Davidson on Wednesday, September 30 with “Buy”. JMP Securities maintained the shares of ARCC in report on Tuesday, August 9 with “Market Outperform” rating. On Friday, August 28 the stock rating was upgraded by Raymond James to “Outperform”. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Wednesday, June 14. The stock of Ares Capital Corporation (NASDAQ:ARCC) has “Neutral” rating given on Tuesday, June 28 by National Securities. As per Friday, August 21, the company rating was maintained by Citigroup. On Thursday, October 1 the stock rating was upgraded by Macquarie Research to “Outperform”. The stock of Ares Capital Corporation (NASDAQ:ARCC) has “Overweight” rating given on Thursday, February 25 by Barclays Capital.
Investors sentiment decreased to 1.15 in 2016 Q4. Its down 0.04, from 1.19 in 2016Q3. It dived, as 48 investors sold Ares Capital Corporation shares while 88 reduced holdings. 49 funds opened positions while 108 raised stakes. 160.62 million shares or 5.82% more from 151.79 million shares in 2016Q3 were reported. 419 are held by Barclays Plc. Fifth Third Fincl Bank has 0% invested in Ares Capital Corporation (NASDAQ:ARCC) for 3,029 shares. 11,700 were accumulated by Kempner Capital Management. Parkside Financial Bank And Tru invested 0% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). Clough Ptnrs L P holds 2.91% or 2.66 million shares in its portfolio. Tegean Capital Mngmt accumulated 1.30 million shares or 19.76% of the stock. Muzinich And reported 17.66% in Ares Capital Corporation (NASDAQ:ARCC). 38,448 were accumulated by Alyeska Inv Grp Inc Ltd Partnership. Moreover, Rfg Advisory Gp Ltd Liability Com has 0.24% invested in Ares Capital Corporation (NASDAQ:ARCC) for 24,254 shares. First Mercantile Trust holds 25,340 shares. Inv Centers Of America Incorporated invested in 44,087 shares. Cetera Advisor Network Limited Liability owns 43,614 shares. Private Tru Na accumulated 30,868 shares or 0.12% of the stock. Jane Street Group Inc has invested 0.01% in Ares Capital Corporation (NASDAQ:ARCC). Counselors accumulated 16,000 shares.
Ares Capital Corporation is a specialty finance company. The company has market cap of $7.00 billion. The Firm operates as a closed-end, non-diversified management investment company. It has a 11.94 P/E ratio. The Company’s investment objective is to generate both current income and capital appreciation through debt and equity investments.
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