A Closer Look at 4 Analyst Recommendations For Runway Gwth Fin
Runway Gwth Fin (NASDAQ:RWAY) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 3 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $12.31, a high estimate of $12.75, and a low estimate of $12.00. Highlighting a 7.09% decrease, the current average has fallen from the previous average price target of $13.25.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Runway Gwth Fin by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Derek Hewett | B of A Securities | Announces | Neutral | $12.00 | - |
| Bryce Rowe | B. Riley Securities | Lowers | Neutral | $12.50 | $13.50 |
| Casey Alexander | Compass Point | Maintains | Neutral | $12.75 | - |
| Timothy O'Shea | Wells Fargo | Lowers | Equal-Weight | $12.00 | $13.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Runway Gwth Fin. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Runway Gwth Fin compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Runway Gwth Fin's stock. This comparison reveals trends in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Runway Gwth Fin's market standing. Stay informed and make well-considered decisions with our Ratings Table.
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About Runway Gwth Fin
Runway Growth Finance Corp is a specialty finance company focused on providing senior secured loans to high-growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products, and other high-growth industries. The company has Investments in the United States, Germany, and Canada, with the majority of its portfolio invested in the United States.
Unraveling the Financial Story of Runway Gwth Fin
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Runway Gwth Fin's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 2.25%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Runway Gwth Fin's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 86.59% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Runway Gwth Fin's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 2.24%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Runway Gwth Fin's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.14%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.9.
Analyst Ratings: What Are They?
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.