Is Sixth Street Stock a Good Investment?
Sixth Street Investment Advice | TSLX |
- Examine Sixth Street's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Sixth Street's leadership team and their track record. Good management can help Sixth Street navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact Sixth Street's business and its evolving consumer preferences.
- Compare Sixth Street's performance and market position to its competitors. Analyze how Sixth Street is positioned in terms of product offerings, innovation, and market share.
- Check if Sixth Street pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Sixth Street's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Sixth Street Specialty stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Sixth Street Specialty is a good investment.
Sell | Buy |
Sell
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Sixth Street Stock
Researching Sixth Street's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 50.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.21. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Sixth Street Specialty has Price/Earnings To Growth (PEG) ratio of 1.27. The entity last dividend was issued on the 29th of November 2024. The firm had 66:1 split on the 3rd of December 2013.
To determine if Sixth Street is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sixth Street's research are outlined below:
| Sixth Street Specialty currently holds 1.78 B in liabilities with Debt to Equity (D/E) ratio of 1.01, which is about average as compared to similar companies. Sixth Street Specialty has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Sixth Street's use of debt, we should always consider it together with its cash and equity. | |
| Sixth Street Specialty currently holds about 5.73 M in cash with (236.79 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07. | |
| Sixth Street has a poor financial position based on the latest SEC disclosures | |
| On 30th of September 2024 Sixth Street paid $ 0.46 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Acquisition by Michael Graf of 1000 shares of Sixth Street at 20.53 subject to Rule 16b-3 |
Sixth Street Quarterly Accounts Payable |
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Sixth Street uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Sixth Street Specialty. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sixth Street's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Sixth Street's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Sixth Street's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-11-02 | 2021-09-30 | 0.5 | 0.55 | 0.05 | 10 | ||
2019-05-02 | 2019-03-31 | 0.46 | 0.41 | -0.05 | 10 | ||
2018-05-03 | 2018-03-31 | 0.46 | 0.51 | 0.05 | 10 | ||
2015-08-04 | 2015-06-30 | 0.41 | 0.46 | 0.05 | 12 | ||
2014-11-03 | 2014-09-30 | 0.38 | 0.43 | 0.05 | 13 | ||
2015-11-03 | 2015-09-30 | 0.42 | 0.48 | 0.06 | 14 | ||
2023-02-16 | 2022-12-31 | 0.57 | 0.64 | 0.07 | 12 | ||
2022-08-02 | 2022-06-30 | 0.49 | 0.42 | -0.07 | 14 |
Know Sixth Street's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sixth Street is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sixth Street Specialty backward and forwards among themselves. Sixth Street's institutional investor refers to the entity that pools money to purchase Sixth Street's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Callodine Capital Management, Lp | 2024-06-30 | 928.5 K | Bank Of America Corp | 2024-06-30 | 917.2 K | Two Sigma Advisers, Llc | 2024-06-30 | 857.6 K | Allen Investment Management Llc | 2024-09-30 | 851.7 K | 1832 Asset Management L.p | 2024-09-30 | 775 K | Legal & General Group Plc | 2024-06-30 | 729.4 K | Lgt Capital Partners Ltd. | 2024-06-30 | 715 K | Advisors Capital Management, Llc | 2024-09-30 | 668.2 K | Raymond James Finl Svs Advisors, Inc. | 2024-09-30 | 629.6 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 3.7 M | Strs Ohio | 2024-09-30 | 3.4 M |
Sixth Street's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.94 B.Market Cap |
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Sixth Street's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.05 | |
| Return On Capital Employed | 0.10 | 0.06 | |
| Return On Assets | 0.07 | 0.05 | |
| Return On Equity | 0.15 | 0.09 |
Determining Sixth Street's profitability involves analyzing its financial statements and using various financial metrics to determine if Sixth Street is a good buy. For example, gross profit margin measures Sixth Street's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sixth Street's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Sixth Street's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sixth Street Specialty. Check Sixth Street's Beneish M Score to see the likelihood of Sixth Street's management manipulating its earnings.
Evaluate Sixth Street's management efficiency
Sixth Street Specialty has return on total asset (ROA) of 0.0699 % which means that it generated a profit of $0.0699 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1211 %, meaning that it created $0.1211 on every $100 dollars invested by stockholders. Sixth Street's management efficiency ratios could be used to measure how well Sixth Street manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.05 in 2024. Return On Capital Employed is likely to drop to 0.06 in 2024. At this time, Sixth Street's Other Current Assets are fairly stable compared to the past year. Asset Turnover is likely to rise to 0.14 in 2024, whereas Total Assets are likely to drop slightly above 2 B in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 17.58 | 12.48 | |
| Tangible Book Value Per Share | 17.58 | 12.48 | |
| Enterprise Value Over EBITDA | 122.79 | 77.77 | |
| Price Book Value Ratio | 1.23 | 1.43 | |
| Enterprise Value Multiple | 122.79 | 77.77 | |
| Price Fair Value | 1.23 | 1.43 | |
| Enterprise Value | 3.6 B | 1.8 B |
The decision-making processes within Sixth Street are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Dividend Yield 0.1006 | Forward Dividend Yield 0.1006 | Forward Dividend Rate 2.09 | Beta 1.063 |
Basic technical analysis of Sixth Stock
As of the 25th of November, Sixth Street has the Semi Deviation of 0.6896, coefficient of variation of 2072.94, and Risk Adjusted Performance of 0.0369. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Sixth Street Specialty, as well as the relationship between them.Sixth Street's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sixth Street insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sixth Street's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sixth Street insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
David Stiepleman over a month ago Acquisition by David Stiepleman of tradable shares of Sixth Street at 15.66 subject to Rule 16b-3 | ||
Covington P Emery over three months ago Insider Trading | ||
Covington P Emery over six months ago Acquisition by Covington P Emery of 7500 shares of Sixth Street at 21.504 subject to Rule 16b-3 | ||
Hurley Doddy over six months ago Acquisition by Hurley Doddy of 500 shares of Sixth Street at 14.9999 subject to Rule 16b-3 | ||
Kenneth Burke over six months ago Acquisition by Kenneth Burke of 1000 shares of Sixth Street at 17.3052 subject to Rule 16b-3 | ||
Viola John over six months ago Purchase by Viola John of 127 shares of Sixth Street | ||
Ian Simmonds over a year ago Purchase by Ian Simmonds of 500 shares of Sixth Street |
Sixth Street's Outstanding Corporate Bonds
Sixth Street issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Sixth Street Specialty uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Sixth bonds can be classified according to their maturity, which is the date when Sixth Street Specialty has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US830146AB28 Corp BondUS830146AB28 | View | |
| TSLX 25 01 AUG 26 Corp BondUS83012AAA79 | View |
Understand Sixth Street's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Sixth Street's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0369 | |||
| Market Risk Adjusted Performance | 0.089 | |||
| Mean Deviation | 0.6019 | |||
| Semi Deviation | 0.6896 | |||
| Downside Deviation | 0.7516 | |||
| Coefficient Of Variation | 2072.94 | |||
| Standard Deviation | 0.7625 | |||
| Variance | 0.5814 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.079 | |||
| Maximum Drawdown | 3.65 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.08 | |||
| Downside Variance | 0.5648 | |||
| Semi Variance | 0.4756 | |||
| Expected Short fall | (0.66) | |||
| Skewness | 0.1851 | |||
| Kurtosis | 1.87 |
| Risk Adjusted Performance | 0.0369 | |||
| Market Risk Adjusted Performance | 0.089 | |||
| Mean Deviation | 0.6019 | |||
| Semi Deviation | 0.6896 | |||
| Downside Deviation | 0.7516 | |||
| Coefficient Of Variation | 2072.94 | |||
| Standard Deviation | 0.7625 | |||
| Variance | 0.5814 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 0.079 | |||
| Maximum Drawdown | 3.65 | |||
| Value At Risk | (1.04) | |||
| Potential Upside | 1.08 | |||
| Downside Variance | 0.5648 | |||
| Semi Variance | 0.4756 | |||
| Expected Short fall | (0.66) | |||
| Skewness | 0.1851 | |||
| Kurtosis | 1.87 |
Consider Sixth Street's intraday indicators
Sixth Street intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Sixth Street stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Sixth Street Corporate Filings
F4 | 22nd of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 5th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 24th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 12th of April 2024 Other Reports | ViewVerify |
Sixth Stock media impact
Far too much social signal, news, headlines, and media speculation about Sixth Street that are available to investors today. That information is available publicly through Sixth media outlets and privately through word of mouth or via Sixth internal channels. However, regardless of the origin, that massive amount of Sixth data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Sixth Street news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Sixth Street relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Sixth Street's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Sixth Street alpha.
Sixth Street Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Sixth Street can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Sixth Street Corporate Directors
| John Ross | Independent Director | Profile | |
| Ronald Tanemura | Independent Director | Profile | |
| Hurley Doddy | Independent Director | Profile | |
| Richard Higginbotham | Independent Director | Profile |
Additional Tools for Sixth Stock Analysis
When running Sixth Street's price analysis, check to measure Sixth Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sixth Street is operating at the current time. Most of Sixth Street's value examination focuses on studying past and present price action to predict the probability of Sixth Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sixth Street's price. Additionally, you may evaluate how the addition of Sixth Street to your portfolios can decrease your overall portfolio volatility.