Understanding Basic Stock Data: Ares Capital Corporation (ARCC)

In the past 52-week period, shares of Ares Capital Corporation (NASDAQ:ARCC) have moved within the range of $15.48 to $17.87. On the stock’s most recent trading day, the company’s shares ended the regular session at $16.24, which is 9.12% lower than its 52-week high.

Ares Capital Corporation (ARCC) has demonstrated a 20-day simple moving average (SMA) of -0.04%, and a 50-day SMA of -0.45%. This public company’s current market capitalization stands at $6.94 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Ares Capital Corporation (ARCC) is Outperform.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Ares Capital Corporation (ARCC) delivered a 0.52% surprise with its net revenue. Sales reached $0.29 billion during the three-month period, compared to the average analyst estimate of $0.3 billion.

Meanwhile, during the same quarter Ares Capital Corporation (ARCC) delivered a 1.75% earnings surprise. Net earnings for the quarter were posted at $0.36 per share, whereas Wall Street had forecast $0.35 per share.

Ownership at Ares Capital Corporation (ARCC), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Ares Capital Corporation (ARCC) has 0 billion shares outstanding currently, 44.65% of which belong to institutional investors. Those institutional holdings amount to $3.07 billion.

Additionally, according to the most recent 13F filing from Ares Capital Corporation (ARCC), there were 43 new positions totaling 2,145,055 shares of the company’s stock. There were 34 sold out positions, on the other hand, totaling 4,062,794 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. Ares Capital Corporation (ARCC) has had a 20-day average volume of 1,547,665 shares, with an average of 20% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 1,615,938 shares, with an average of 25% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 1,597,855 shares with 67% of long-term indicators pointing to Buy.