Fidus Investment (FDUS) Scheduled to Post Earnings on Wednesday

Fidus Investment (NASDAQ:FDUS) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 2nd. Analysts expect Fidus Investment to post earnings of $0.38 per share for the quarter.

Fidus Investment (NASDAQ:FDUS) last released its earnings results on Thursday, March 1st. The asset manager reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.06). The company had revenue of $17.07 million for the quarter, compared to analysts’ expectations of $17.76 million. Fidus Investment had a return on equity of 8.91% and a net margin of 64.06%. On average, analysts expect Fidus Investment to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NASDAQ:FDUS opened at $12.84 on Wednesday. The company has a market cap of $314.84, a price-to-earnings ratio of 8.88 and a beta of 0.99. Fidus Investment has a twelve month low of $12.63 and a twelve month high of $18.21.



In other Fidus Investment news, insider Shelby E. Sherard acquired 3,500 shares of the firm’s stock in a transaction on Friday, March 9th. The stock was acquired at an average cost of $12.75 per share, for a total transaction of $44,625.00. Following the purchase, the insider now owns 11,749 shares in the company, valued at approximately $149,799.75. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Shelby E. Sherard acquired 7,000 shares of the firm’s stock in a transaction on Wednesday, March 7th. The shares were acquired at an average price of $13.10 per share, with a total value of $91,700.00. Following the completion of the purchase, the insider now owns 10,435 shares in the company, valued at approximately $136,698.50. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 16,000 shares of company stock worth $206,710. 1.30% of the stock is owned by insiders.

Several research firms have weighed in on FDUS. Zacks Investment Research raised shares of Fidus Investment from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a research report on Thursday, January 4th. Ladenburg Thalmann began coverage on shares of Fidus Investment in a research report on Friday, February 16th. They set a “buy” rating on the stock. BidaskClub raised shares of Fidus Investment from a “strong sell” rating to a “sell” rating in a research report on Saturday, March 3rd. TheStreet downgraded shares of Fidus Investment from a “b-” rating to a “c+” rating in a research report on Tuesday, March 13th. Finally, Keefe, Bruyette & Woods set a $16.00 target price on shares of Fidus Investment and gave the stock a “hold” rating in a research report on Sunday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $16.50.

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Fidus Investment Company Profile

Fidus Investment Corporation is a closed-end, non-diversified investment company. The Company provides customized debt and equity financing solutions to lower middle-market companies. The Company’s investment objective is to provide attractive risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity-related investments.

Earnings History for Fidus Investment (NASDAQ:FDUS)

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