WhiteHorse Finance (WHF) to Release Earnings on Friday

WhiteHorse Finance (NASDAQ:WHF) will likely be announcing its earnings results before the market opens on Friday, March 7th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $22.43 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

WhiteHorse Finance Stock Down 0.8 %

NASDAQ:WHF opened at $10.79 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.19. The stock has a fifty day simple moving average of $10.33 and a 200-day simple moving average of $10.96. The company has a market cap of $250.79 million, a price-to-earnings ratio of 23.98 and a beta of 1.25. WhiteHorse Finance has a twelve month low of $9.45 and a twelve month high of $13.44.

Analysts Set New Price Targets

Several research firms recently weighed in on WHF. StockNews.com downgraded WhiteHorse Finance from a “buy” rating to a “hold” rating in a report on Friday, November 8th. Oppenheimer downgraded WhiteHorse Finance from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $14.00 to $12.00 in a report on Monday, November 11th. Raymond James reiterated a “market perform” rating on shares of WhiteHorse Finance in a research note on Friday, November 8th. Finally, JPMorgan Chase & Co. cut their target price on WhiteHorse Finance from $10.00 to $9.50 and set an “underweight” rating on the stock in a research note on Monday, February 3rd.

About WhiteHorse Finance

WhiteHorse Finance, Inc is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries. It invests in broadline retail, office services and supplies, building products, health care services, health care supplies, research and consulting services, application software, home furnishings, specialized consumer services, data processing and outsourced services, leisure facilities, cable, and satellite.