Main Street Capital Reaches New 52-Week High Still a Buy?
MAIN Stock | USD 56.40 0.79 1.42% |
About 62% of Main Street's investor base is looking to short. The analysis of overall sentiment of trading Main Street Capital stock suggests that many investors are alarmed at this time. Main Street's investing sentiment overview a quick insight into current market opportunities from investing in Main Street Capital. Many technical investors use Main Street Capital stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Main |
Main Street Capital Co. hit a new 52-week high during mid-day trading on Monday . The company traded as high as 55.93 and last traded at 55.93, with a volume of 1791 shares changing hands. The stock had previously closed at 55.47. Analyst Ratings Changes A number of equities research
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Main Street Capital Current Investor Sentiment
Panic Vs Confidence
38
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Main Street's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Main Street Capital.
News SentimentBearish | Hype SentimentBullish | Insider SentimentDisposing |
Main Street Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Main Street can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Main Street Capital Historical Investor Sentiment
Investor biases related to Main Street's public news can be used to forecast risks associated with an investment in Main. The trend in average sentiment can be used to explain how an investor holding Main can time the market purely based on public headlines and social activities around Main Street Capital. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Main Street's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Main Street and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Main Street news discussions. The higher the estimate score, the more favorable the investor's outlook on Main Street.
Main Street Fundamental Analysis
We analyze Main Street's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Main Street using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Main Street based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Target Price
Target Price Comparative Analysis
Main Street is currently under evaluation in target price category among its peers.
Main Street Capital Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Main Street stock to make a market-neutral strategy. Peer analysis of Main Street could also be used in its relative valuation, which is a method of valuing Main Street by comparing valuation metrics with similar companies.
Peers
Main Street Related Equities
TPVG | Triplepoint Venture | 6.18 | ||||
GAIN | Gladstone Investment | 3.54 | ||||
ARCC | Ares Capital | 1.18 | ||||
HTGC | Hercules Capital | 1.00 | ||||
TSLX | Sixth Street | 0.96 | ||||
CSWC | Capital Southwest | 0.96 | ||||
SCM | Stellus Capital | 0.67 | ||||
FSK | FS KKR | 0.33 | ||||
HRZN | Horizon Technology | 0.23 | ||||
PFLT | PennantPark Floating | 0.28 | ||||
GLAD | Gladstone Capital | 0.40 | ||||
PSEC | Prospect Capital | 1.18 |
Check out Main Street Hype Analysis, Main Street Correlation and Main Street Performance. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Main Street. If investors know Main will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Main Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.139 | Dividend Share 2.88 | Earnings Share 5.53 | Revenue Per Share 6.175 | Quarterly Revenue Growth 0.11 |
The market value of Main Street Capital is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Street's value that differs from its market value or its book value, called intrinsic value, which is Main Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Main Street's market value can be influenced by many factors that don't directly affect Main Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Main Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.