Main Street Capital Stock Slips Despite Recent Gains; Valuation Concerns Amid Upcoming Earnings
• Main Street Capital (MAIN) stock fell 1.3% despite S&P 500 falling only 0.28% • MAIN stock has risen 5.98% in past month, lagging Finance sector's 8.34% gain • MAIN expected to report Q4 EPS of $0.99, up 1.02% year-over-year; revenue seen rising 9.82% • For full year, EPS forecast at $4.07, up 23.71%; revenue expected to rise 31.65% • MAIN trades at forward P/E ratio of 10.76 vs industry average of 7.55, signaling premium valuation