Sunday, November 27, 2022

Saratoga Funding (NYSE:SAR) Lowered to Promote at StockNews.com

Must read


Saratoga Funding (NYSE:SARGet Ranking) was downgraded by StockNews.com from a “maintain” score to a “promote” score in a report launched on Thursday.

A number of different equities analysts have additionally issued reviews on SAR. Hovde Group lowered their worth goal on Saratoga Funding to $25.00 in a analysis be aware on Wednesday, October fifth. Raymond James lowered their worth goal on Saratoga Funding from $28.50 to $28.00 and set an “outperform” score on the inventory in a analysis be aware on Thursday, October sixth.

Saratoga Funding Worth Efficiency

NYSE SAR opened at $27.16 on Thursday. Saratoga Funding has a twelve month low of $20.16 and a twelve month excessive of $29.65. The corporate has a debt-to-equity ratio of 0.07, a fast ratio of 0.03 and a present ratio of 0.03. The inventory has a market capitalization of $323.20 million, a PE ratio of 19.54 and a beta of 1.33. The inventory has a 50-day easy shifting common of $22.65 and a 200 day easy shifting common of $23.98.

Institutional Buyers Weigh In On Saratoga Funding

A number of massive traders have lately modified their holdings of SAR. Fairfield Bush & CO. purchased a brand new stake in shares of Saratoga Funding within the 1st quarter valued at roughly $27,000. Lazard Asset Administration LLC purchased a brand new stake in shares of Saratoga Funding within the 1st quarter valued at roughly $38,000. UBS Group AG grew its stake in shares of Saratoga Funding by 44.3% within the 1st quarter. UBS Group AG now owns 5,810 shares of the monetary providers supplier’s inventory valued at $158,000 after buying a further 1,783 shares through the interval. Larson Monetary Group LLC purchased a brand new stake in shares of Saratoga Funding within the third quarter valued at roughly $176,000. Lastly, Avantax Advisory Companies Inc. grew its stake in shares of Saratoga Funding by 5.6% within the 2nd quarter. Avantax Advisory Companies Inc. now owns 8,852 shares of the monetary providers supplier’s inventory valued at $212,000 after buying a further 469 shares through the interval. 19.74% of the inventory is at present owned by institutional traders.

Saratoga Funding Firm Profile

(Get Ranking)

Saratoga Funding Corp. is a enterprise growth firm specializing in leveraged and administration buyouts, acquisition financings, progress financings, recapitalization, debt refinancing, and transitional financing transactions on the decrease finish of center market firms. It constructions its investments as debt and fairness by investing by first and second lien loans, mezzanine debt, co-investments, choose excessive yield bonds, senior secured bonds, unsecured bonds, and most popular and customary fairness.

Additional Studying

This on the spot information alert was generated by narrative science know-how and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial workforce previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

Earlier than you think about Saratoga Funding, you may wish to hear this.

MarketBeat retains observe of Wall Road’s top-rated and greatest performing analysis analysts and the shares they advocate to their purchasers every day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their purchasers to purchase now earlier than the broader market catches on… and Saratoga Funding wasn’t on the record.

Whereas Saratoga Funding at present has a “Purchase” score amongst analysts, top-rated analysts imagine these 5 shares are higher buys.

View The 5 Shares Right here



Supply hyperlink

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article