SharkNinja shares soar 11% as third quarter results crush expectations
Investing.com - Lucid Capital Markets initiated coverage on OFS Capital (NASDAQ:OFS) with a Neutral rating and a $7.00 price target on Tuesday, representing a 31% upside from the current price of $5.33.
OFS Capital, a business development company (BDC), has outperformed peer group median in total return since its 2012 IPO, according to Lucid Capital Markets’ analysis. InvestingPro data shows OFS has delivered strong returns over the last five years and has maintained dividend payments for 13 consecutive years, highlighting its long-term consistency despite recent challenges.
The firm noted that OFS’s performance has declined in recent years due to increased nonaccrual investments, realized losses, and non-interest bearing investments, which have reduced its earnings power.
The stock experienced a significant sell-off last week following OFS’s third-quarter 2025 results, which included a 50% reduction in the quarterly dividend rate.
OFS currently trades at 52% of NAV with a 12.76% dividend yield, compared to the BDC peer group median of 82% of NAV and 13.2% dividend yield, according to the research firm. Despite trading near its 52-week low of $5.25, the company remains profitable with a P/E ratio of 22.02 and maintains a healthy current ratio of 1.61, indicating its liquid assets exceed short-term obligations. For investors seeking deeper analysis on OFS and other BDCs, InvestingPro offers comprehensive Pro Research Reports on over 1,400 US equities, including key metrics and expert insights not available elsewhere.
In other recent news, OFS Capital Corporation announced its third-quarter earnings for 2025, presenting a mixed financial outcome. The company’s earnings per share (EPS) came in at $0.22, which was below the anticipated $0.24. However, OFS Capital’s revenue exceeded expectations, reaching $10.55 million compared to the projected $9.8 million. Despite the revenue beat, the shortfall in EPS contributed to a significant decline in the company’s stock price. Investors are closely monitoring these developments as they assess the company’s financial health. Analyst opinions on the stock have yet to be publicly updated following these results. These recent developments are crucial for stakeholders evaluating their investment positions in OFS Capital.
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