Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $18.27 in the prior trading day, Oaktree Specialty Lending Corp (NASDAQ: OCSL) closed at $17.98, down -1.59%. In other words, the price has decreased by -$1.59 from its previous closing price. On the day, 2.14 million shares were traded. OCSL stock price reached its highest trading level at $18.3 during the session, while it also had its lowest trading level at $17.85.
Ratios:
Our goal is to gain a better understanding of OCSL by taking a closer look at its different ratios.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on February 02, 2024, Downgraded its rating to Mkt Perform and sets its target price to $19 from $22 previously.
On January 08, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $21.
Hovde Group Downgraded its Outperform to Market Perform on August 04, 2023, while the target price for the stock was maintained at $21.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 12 ’24 when CALDWELL PHYLLIS R bought 2,000 shares for $20.07 per share. The transaction valued at 40,130 led to the insider holds 11,166 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OCSL now has a Market Capitalization of 1487104128 and an Enterprise Value of 3009115136. As of this moment, Oaktree’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.22, and their Forward P/E ratio for the next fiscal year is 7.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.10. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.70 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 7.602.
Stock Price History:
The Beta on a monthly basis for OCSL is 1.12, which has changed by -0.10680574 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, OCSL has reached a high of $21.64, while it has fallen to a 52-week low of $18.26. The 50-Day Moving Average of the stock is -5.89%, while the 200-Day Moving Average is calculated to be -8.63%.
Shares Statistics:
The stock has traded on average 548.61K shares per day over the past 3-months and 820348 shares per day over the last 10 days, according to various share statistics. A total of 81.40M shares are outstanding, with a floating share count of 78.69M. Insiders hold about 2.73% of the company’s shares, while institutions hold 38.64% stake in the company. Shares short for OCSL as of 1719532800 were 2098915 with a Short Ratio of 3.83, compared to 1717113600 on 2315871. Therefore, it implies a Short% of Shares Outstanding of 2098915 and a Short% of Float of 2.5899999.
Dividends & Splits
In the trailing 12 months, OCSL’s forward annual dividend rate was 2.2, compared to 2.20 this year. Against a Trailing Annual Dividend Yield of 0.120415986The stock’s 5-year Average Dividend Yield is 8.8. The current Payout Ratio is 158.44% for OCSL, which recently paid a dividend on 2024-06-14 with an ex-dividend date of 1718323200. Stock splits for the company last occurred on 2023-01-23 when the company split stock in a 1:3 ratio.
