If you are wondering whether Hercules Capital is offering good value at its recent price of US$18.59, you are not alone. This article focuses on exactly that question.
The stock has recently recorded a 1.4% decline over the last 7 days and 30 days, while the 1 year return sits at 4.1% and the 3 and 5 year returns are 88.7% and 114.9% respectively. This naturally raises questions about what is already priced in.
Recent market attention around Hercules Capital has focused on its position in the US listed diversified financials space and how it fits into portfolios seeking exposure to business development companies, as well as general discussions about income focused investments and capital allocation in that segment. Together, these…