On Friday, Blackstone Secured Lending Fund. (NYSE: BXSL) opened higher 1.41% from the last session, before settling in for the closing price of $30.46. Price fluctuations for BXSL have ranged from $26.44 to $32.67 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -9.20% at the time writing. 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
A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of Blackstone Secured Lending Fund. is 8.03%, while institutional ownership is 39.11%.
Blackstone Secured Lending Fund. (BXSL) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.95 earnings per share (EPS) for the quarter, coming under the agreed prediction (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 -9.20% 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 15.80% growth over the previous five years of trading.
Blackstone Secured Lending Fund. (NYSE: BXSL) Trading Performance Indicators
Check out the current performance indicators for Blackstone Secured Lending Fund. (BXSL). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.87, a number that is poised to hit 0.89 in the next quarter and is forecasted to reach 3.25 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 1.09 million, which is a jump from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 98.52%. Additionally, its Average True Range was 0.37.
During the past 100 days, Blackstone Secured Lending Fund.’s (BXSL) raw stochastic average was set at 74.70%, which indicates a significant decrease from 96.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.97% in the past 14 days, which was lower than the 16.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.96, while its 200-day Moving Average is $30.27. However, in the short run, Blackstone Secured Lending Fund.’s stock first resistance to watch stands at $31.06. Second resistance stands at $31.22. The third major resistance level sits at $31.49. If the price goes on to break the first support level at $30.63, it is likely to go to the next support level at $30.36. Should the price break the second support level, the third support level stands at $30.20.
Blackstone Secured Lending Fund. (NYSE: BXSL) Key Stats
There are currently 192,439K shares outstanding in the company with a market cap of 6.21 billion. Presently, the company’s annual sales total 1,144 M according to its annual income of 611,950 K. Last quarter, the company’s sales amounted to 327,060 K and its income totaled 196,190 K.
