No, not the cruise company... But $MAIN (-0.58%)
With a year-to-date gain of 19.0% and a current analyst consensus price target of USD 62.00 (high: USD 67.00), Main Street Capital Corporation is only just below its 52-week high of USD 67.77 - which speaks for strong fundamentals and high market confidence. However, there is a notable change in sentiment: the stock is technically heavily oversold in the short term, while the analysts' consensus remains positive.
P/E ratio (price/earnings ratio)With a P/E ratio of 10.08 (per analyst commentary), MAIN looks attractively valued, especially for a BDC with a 7.7% dividend yield. EPS growth is convincing at +15.2% in the last quarter and 11.9% for the full year 2024.
Sales growth: 8.9% (Q2) and 8.1% (2024) signal continuous operational growth. The company remains profitable and liquid (current ratio: 1.7), which is underlined by the recent record net asset value (NAV) per share.
Main Street Capital convinces with solid fundamentals, attractive valuation (P/E ~10), strong dividend yield (7.7%) and continued growth. Positive analyst sentiment and the latest record NAV reports support the bullish picture.
Enjoy the video: https://youtu.be/SfvuJgxPO78
Best regards, Angelo
