BBDC Stock Summary and Trading Ideas (Barings Bdc | NYSE:BBDC)

Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately held middle-market companies to help these companies fund acquisitions, growth, or refinancing. Barings employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.

Barings Bdc trades on the NYSE stock market under the symbol BBDC.

As of April 23, 2024, BBDC stock price declined to $9.27 with 415,215 million shares trading.

BBDC has a beta of 0.51, meaning it tends to be less sensitive to market movements. BBDC has a correlation of 0.10 to the broad based SPY ETF.

BBDC has a market cap of $983.24 million. This is considered a Small Cap stock.

Last quarter Barings Bdc reported $76 million in Revenue and $.31 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.01.

In the last 3 years, BBDC stock traded as high as $11.55 and as low as $6.96.

The top ETF exchange traded funds that BBDC belongs to (by Net Assets): BIZD, KBWD, VPC.

BBDC has outperformed the market in the last year with a price return of +36.6% while the SPY ETF gained +24.3%. BBDC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.2% and +0.1%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

BBDC support price is $9.22 and resistance is $9.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BBDC stock will trade within this expected range on the day.