The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Runway Growth Finance Corp's Score
Industry at a Glance
Industry Ranking
88 / 398
Overall Ranking
160 / 4697
Industry
Banking Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
11
analysts
Hold
Current Rating
11.425
Target Price
+19.01%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Runway Growth Finance Corp Highlights
StrengthsRisks
Runway Growth Finance Corp. is a specialty finance company. The Company is focused on providing senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries. Its investment objective is to maximize its total return to its stockholders primarily through current income on the Company's loan portfolio and secondarily through capital appreciation on its warrants and other equity positions. The Company invests in senior secured term loans and other senior debt obligations and also it invests in second lien loans issued by high growth-potential companies. The Company originates its investments through two strategies: Sponsored Growth Lending and Non-Sponsored Growth Lending. It also invests in secured loans, and acquires equity securities as well, including warrants. The Company is externally managed by Runway Growth Capital LLC (RGC).
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 92.62% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 128.24.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 94.91%.
Undervalued
The company’s latest PB is 0.70, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 20.36M shares, decreasing 13.28% quarter-over-quarter.
Runway Growth Finance Corp. is a specialty finance company. The Company is focused on providing senior secured loans to high growth-potential companies in technology, life sciences, healthcare information and services, business services, select consumer services and products and other high-growth industries. Its investment objective is to maximize its total return to its stockholders primarily through current income on the Company's loan portfolio and secondarily through capital appreciation on its warrants and other equity positions. The Company invests in senior secured term loans and other senior debt obligations and also it invests in second lien loans issued by high growth-potential companies. The Company originates its investments through two strategies: Sponsored Growth Lending and Non-Sponsored Growth Lending. It also invests in secured loans, and acquires equity securities as well, including warrants. The Company is externally managed by Runway Growth Capital LLC (RGC).