On Tuesday, Blackstone Secured Lending Fund. (NYSE: BXSL) was -1.02% drop from the session before settling in for the closing price of $30.46. A 52-week range for BXSL has been $25.83 – $32.67.
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During the last 5-year period, the sales growth of Financial Sector giant was 224.60%. When this article was written, the company’s average yearly earnings per share was at 49.90%. With a float of $184.84 million, this company’s outstanding shares have now reached $200.97 million.
In terms of profitability, gross margin is 78.36%, operating margin of 81.41%, and the pretax margin is 63.92%.
Blackstone Secured Lending Fund. (BXSL) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Blackstone Secured Lending Fund. stocks. The insider ownership of Blackstone Secured Lending Fund. is 0.10%, while institutional ownership is 39.80%.
Blackstone Secured Lending Fund. (BXSL) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.95 earnings per share (EPS) during the time that was less than consensus figure (set at 0.98) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.88 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 49.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -7.30% during the next five years compared to 190.80% growth over the previous five years of trading.
Blackstone Secured Lending Fund. (NYSE: BXSL) Trading Performance Indicators
You can see what Blackstone Secured Lending Fund. (BXSL) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.86, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 3.29 in one year’s time.
Technical Analysis of Blackstone Secured Lending Fund. (BXSL)
Looking closely at Blackstone Secured Lending Fund. (NYSE: BXSL), its last 5-days average volume was 0.69 million, which is a drop from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 84.20%. Additionally, its Average True Range was 0.40.
During the past 100 days, Blackstone Secured Lending Fund.’s (BXSL) raw stochastic average was set at 48.68%, which indicates a significant decrease from 62.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.59% in the past 14 days, which was lower than the 15.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $30.10, while its 200-day Moving Average is $30.03. However, in the short run, Blackstone Secured Lending Fund.’s stock first resistance to watch stands at $30.44. Second resistance stands at $30.72. The third major resistance level sits at $30.88. If the price goes on to break the first support level at $29.99, it is likely to go to the next support level at $29.83. Should the price break the second support level, the third support level stands at $29.54.
Blackstone Secured Lending Fund. (NYSE: BXSL) Key Stats
There are 192,439K outstanding shares of the company, which has a market capitalization of 6.06 billion. As of now, sales total 1,144 M while income totals 611,950 K. Its latest quarter income was 327,060 K while its last quarter net income were 196,190 K.
