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
In the latest session, Oaktree Specialty Lending Corp (NASDAQ: OCSL) closed at $18.60 down -0.05% from its previous closing price of $18.61. In other words, the price has decreased by -$0.05 from its previous closing price. On the day, 0.55 million shares were traded. OCSL stock price reached its highest trading level at $18.64 during the session, while it also had its lowest trading level at $18.56.
Ratios:
For a deeper understanding of Oaktree Specialty Lending Corp’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1513965568 and an Enterprise Value of 3059580672. As of this moment, Oaktree’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.68, and their Forward P/E ratio for the next fiscal year is 8.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.82 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 7.73.
Stock Price History:
The Beta on a monthly basis for OCSL is 1.13, which has changed by -0.06013137 over the last 52 weeks, in comparison to a change of 0.23951602 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 $18.35. The 50-Day Moving Average of the stock is -3.04%, while the 200-Day Moving Average is calculated to be -5.62%.
Shares Statistics:
For the past three months, OCSL has traded an average of 534.67K shares per day and 591670 over the past ten days. 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 39.08% stake in the company. Shares short for OCSL as of 1718323200 were 2000062 with a Short Ratio of 3.93, compared to 1715731200 on 2412614. Therefore, it implies a Short% of Shares Outstanding of 2000062 and a Short% of Float of 2.4600001.
Dividends & Splits
According to the company, the forward annual dividend rate for OCSL is 2.20, from 2.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.11821601The 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.
