Over the past three months, Oaktree Specialty Lending Corporation [OCSL] ended the trading day at $5.31 and exhibited a change of 2.31% with a 24 hour trading and reached upto the volume of 373.34K compared to its recorded trading volume of 1.76 million. OCSL generated a 1 year amount change with 1.53%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 3.71% with an amount shift of 11.09% over the last month.
On 19, November 2020, Oaktree Specialty Lending Corp. to Host Earnings Call. According to news published on Yahoo Finance, NEW YORK, NY / ACCESSWIRE / November 19, 2020 / Oaktree Specialty Lending Corp. (NASDAQ:OCSL) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on November 19, 2020 at 11:00 AM Eastern Time.
Analyst Birdseye View:
The most recent analyst activity for Oaktree Specialty Lending Corporation [NASDAQ:OCSL] stock was on March 06, 2020, when it was Initiated with a Buy rating from National Securities, which also raised its 12-month price target on the stock to $5.75. On January 15, 2020, Wells Fargo Upgrade an Overweight rating and boosted its price target on this stock to $6. On October 10, 2019, Jefferies Initiated a Buy rating and increased its price target to $6.50. On July 29, 2019, Janney Initiated a Neutral rating. On February 08, 2019, National Securities Upgrade a Buy rating. On August 21, 2018, Keefe Bruyette Upgrade an Outperform rating.
In the past 52 weeks of trading, this stock has oscillated between a low of $2.33 and a peak of $5.65. Right now, according to Wall Street analyst the average 12-month amount target is $5.89. At the most recent market close, shares of Oaktree Specialty Lending Corporation [NASDAQ:OCSL] were valued at $5.31. According to the average price forecast, investors can expect a potential return of 3.0%.
Oaktree Specialty Lending Corporation [NASDAQ:OCSL] most recently reported quarterly sales of 37.22 billion, which represented growth of -6.20%. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 8.32, 14.11, 8.77 and 9.54 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 33.72 and the whole liability to whole assets at 31.96. It shows enduring liability to the whole principal at 33.72 and enduring liability to assets at 0.32 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 5.20 points at 1st support level, the second support level is making up to 5.10. But as of 1st resistance point, this stock is sitting at 5.47 and at 5.64 for 2nd resistance point.
Oaktree Specialty Lending Corporation [OCSL] reported its earnings at $0.12 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.11/share signifying the difference of 0.01 and 9.10% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.12 calling estimates for $0.1/share with the difference of 0.02 depicting the surprise of 20.00%.
Now if looking for a valuation of this stock’s amount to sales ratio it’s 4.33 and it’s amount to book ratio is 0.78.
The most recent insider trade was by TANNENBAUM LEONARD M, 10% Owner, and it was the sale of 0.11 million shares on Nov 18. TANNENBAUM LEONARD M, the 10% Owner, completed a sale of 49046.0 shares on Nov 17. On Nov 16, TANNENBAUM LEONARD M, 10% Owner, completed a sale of 0.13 million shares.