A share price of Oaktree Specialty Lending Corporation [OCSL] is currently trading at $19.43, down -0.26%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The OCSL shares have gain 0.05% over the last week, with a monthly amount drifted -2.21%, and not seem to be holding up well over a long-time horizon.
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On 1, April 2024, Oaktree Specialty Lending Corporation Schedules Second Fiscal Quarter Earnings Conference Call for April 30, 2024. In a post published today on Yahoo Finance, 11:00 a.m. Eastern Time / 8:00 a.m. Pacific Time.
From an analyst’s perspective:
Oaktree Specialty Lending Corporation [NASDAQ: OCSL] stock has seen the most recent analyst activity on February 02, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform and also revised its price target to $19 from $22. Previously, B. Riley Securities downgraded its rating to Neutral on January 08, 2024, and kept the price target unchanged to $21. On August 04, 2023, downgrade downgraded it’s rating to Market Perform but maintained its price target of $21 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $6.25 on October 14, 2022. Oppenheimer initiated its recommendation with a Outperform and recommended $7.50 as its price target on June 24, 2021. Hovde Group started tracking with a Outperform rating for this stock on March 05, 2021, and assigned it a price target of $7.25. In a note dated June 19, 2020, Janney upgraded an Buy rating on this stock.
Oaktree Specialty Lending Corporation experienced fluctuations in its stock price throughout the past year between $17.93 and $21.64. Oaktree Specialty Lending Corporation [NASDAQ: OCSL] shares were valued at $19.43 at the most recent close of the market.
Analyzing the OCSL fundamentals
Trailing Twelve Months sales for Oaktree Specialty Lending Corporation [NASDAQ:OCSL] were 398.09M which represents 23.80% growth. Gross Profit Margin for this corporation currently stands at 1.17% with Operating Profit Margin at 1.55%, Pretax Profit Margin comes in at 0.96%, and Net Profit Margin reading is 0.94%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.15.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.37 points at the first support level, and at 19.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.49, and for the 2nd resistance point, it is at 19.54.
Oaktree Specialty Lending Corporation [OCSL] reported earnings per share of $0.57 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.61/share, meaning a difference of -$0.04 and a surprise factor of -6.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.62 per share as compared to estimates of $0.63 per share, a difference of -$0.01 representing a surprise of -1.60%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 3.85, the price to book ratio is 1.01 and price to earnings (TTM) ratio is 12.54.
Transactions by insiders
Recent insider trading involved CALDWELL PHYLLIS R, Director, that happened on Feb 12 ’24 when 2000.0 shares were purchased.
