Are Analysts Bullish FS Investment Corporation (NYSE:FSIC) After Last Week?

May 16, 2018 - By Samual Williams

FS Investment Corporation (NYSE:FSIC) Ratings Coverage

Among 2 analysts covering FS Investment (NYSE:FSIC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. FS Investment had 2 analyst reports since December 15, 2017 according to SRatingsIntel. As per Friday, December 15, the company rating was upgraded by National Securities. The stock of FS Investment Corporation (NYSE:FSIC) has “Hold” rating given on Friday, March 2 by Keefe Bruyette & Woods. Below is a list of FS Investment Corporation (NYSE:FSIC) latest ratings and price target changes.

02/03/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $8.5 Maintain
15/12/2017 Broker: National Securities Old Rating: Neutral New Rating: Buy Upgrade

The stock decreased 0.32% or $0.03 during the last trading session, reaching $7.88. About 986,833 shares traded. FS Investment Corporation (NYSE:FSIC) has declined 25.91% since May 16, 2017 and is downtrending. It has underperformed by 37.46% the S&P500.

FS Investment Corporation is a business development firm specializing in investments in debt securities. The company has market cap of $1.91 billion. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It has a 8.8 P/E ratio. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans.

More recent FS Investment Corporation (NYSE:FSIC) news were published by: Seekingalpha.com which released: “FS Investment’s (FSIC) CEO Michael Forman on Q1 2018 Results – Earnings Call Transcript” on May 11, 2018. Also Prnewswire.com published the news titled: “FSIC Announces Earnings Release and Conference Call Schedule For First Quarter 2018” on April 25, 2018. Streetinsider.com‘s news article titled: “FS Investment Corp (FSIC) Tops Q1 EPS by 1c” with publication date: May 10, 2018 was also an interesting one.

FS Investment Corporation (NYSE:FSIC) Ratings Chart

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