GSBD Analysts Overwhelmingly Recommend Sell Amid Missed Earnings

Goldman Sachs BDC (NYSE:GSBD) has received an average recommendation of 'Reduce' from seven ratings firms covering the stock, according to MarketBeat.com. The company's primary objective is to generate current income and capital appreciation through debt and equity investments in U.S. middle-market companies.

The firm has a market capitalization of $969.57 million, with a price-to-earnings ratio of 13.25 and a beta of 0.56. The company's quarterly earnings results on May 7th reported $0.22 earnings per share, missing the consensus estimate of $0.29 by ($0.07).

Three equities research analysts have rated the stock with a sell recommendation, while four have given a hold recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $8.50.