Bain Capital Specialty Finance (NYSE:BCSF) Hits New 12-Month High – Should You Buy?

Shares of Bain Capital Specialty Finance, Inc. (NYSE:BCSF) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $17.39 and last traded at $17.39, with a volume of 5333 shares trading hands. The stock had previously closed at $17.31.

Bain Capital Specialty Finance Trading Up 0.6 %

The company’s 50-day moving average is $16.90 and its 200 day moving average is $16.69. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 1.13. The firm has a market cap of $1.12 billion, a PE ratio of 8.75 and a beta of 1.12.

Bain Capital Specialty Finance (NYSE:BCSF) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.03. Bain Capital Specialty Finance had a net margin of 43.62% and a return on equity of 11.90%. The business had revenue of $72.54 million during the quarter. During the same period last year, the company earned $0.55 earnings per share. As a group, sell-side analysts predict that Bain Capital Specialty Finance, Inc. will post 2.06 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BCSF. Commonwealth Equity Services LLC lifted its holdings in shares of Bain Capital Specialty Finance by 1.3% during the second quarter. Commonwealth Equity Services LLC now owns 82,625 shares of the company’s stock worth $1,348,000 after buying an additional 1,025 shares during the last quarter. Confluence Investment Management LLC raised its holdings in shares of Bain Capital Specialty Finance by 0.9% in the 3rd quarter. Confluence Investment Management LLC now owns 119,547 shares of the company’s stock worth $1,984,000 after buying an additional 1,028 shares in the last quarter. Quarry LP boosted its stake in Bain Capital Specialty Finance by 74.2% in the 2nd quarter. Quarry LP now owns 2,976 shares of the company’s stock valued at $49,000 after buying an additional 1,268 shares in the last quarter. Norden Group LLC lifted its holdings in shares of Bain Capital Specialty Finance by 10.9% during the second quarter. Norden Group LLC now owns 16,153 shares of the company’s stock valued at $263,000 after acquiring an additional 1,593 shares during the period. Finally, Redhawk Wealth Advisors Inc. increased its position in shares of Bain Capital Specialty Finance by 2.4% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 73,506 shares of the company’s stock worth $1,220,000 after purchasing an additional 1,716 shares in the last quarter.

Bain Capital Specialty Finance Company Profile

Bain Capital Specialty Finance, Inc is business development company specializing in direct loans to middle-market companies. The fund seeks to invest in senior investments with a first or second lien on collateral, senior first lien, stretch senior, senior second lien, unitranche, mezzanine debt, junior securities, other junior investments, and secondary purchases of assets or portfolios that primarily consist of middle-market corporate debt.