Main Street Capital (MAIN) closed the latest trading day at $54.64, indicating a +1.85% change from the previous session's end. This change lagged the S&P 500's 2.03% gain on the day. On the other hand, the Dow registered a gain of 1.23%, and the technology-centric Nasdaq increased by 2.74%.

The the stock of investment firm has fallen by 7.37% in the past month, lagging the Finance sector's loss of 3.37% and the S&P 500's loss of 5.07%.

Market participants will be closely following the financial results of Main Street Capital in its upcoming release. It is anticipated that the company will report an EPS of $1, marking a 4.76% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $137.37 million, indicating a 4.37% growth compared to the corresponding quarter of the prior year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.02 per share and a revenue of $557.03 million, indicating changes of -1.71% and +2.96%, respectively, from the former year.

It is also important to note the recent changes to analyst estimates for Main Street Capital. These revisions help to show the ever-changing nature of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Main Street Capital is currently sporting a Zacks Rank of #3 (Hold).

In terms of valuation, Main Street Capital is currently trading at a Forward P/E ratio of 13.36. This signifies a premium in comparison to the average Forward P/E of 8.12 for its industry.

The Financial - SBIC & Commercial Industry industry is part of the Finance sector. At present, this industry carries a Zacks Industry Rank of 139, placing it within the bottom 44% of over 250 industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

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This article originally published on Zacks Investment Research (zacks.com).

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