InvestorsObserver is giving New Mountain Finance Corp. (NMFC) an Analyst Rating Rank of 69, meaning NMFC is ranked higher by analysts than 69% of stocks. The average projection by analysts for NMFC is $9.833 over the next 12 months and analyst’s classify the stock as a Strong Buy
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With New Mountain Finance Corp. Stock Today?
New Mountain Finance Corp. (NMFC) stock is trading at $10.00 as of 2:24 PM on Friday, Aug 7, a gain of $0.45, or 4.71% from the previous closing price of $9.55. The stock has traded between $9.46 and $10.00 so far today. Volume today is 474,626 compared to average volume of 419,546.