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In the latest session, Oaktree Specialty Lending Corp (NASDAQ: OCSL) closed at $16.11 down -2.60% from its previous closing price of $16.54. In other words, the price has decreased by -$2.60 from its previous closing price. On the day, 0.74 million shares were traded. OCSL stock price reached its highest trading level at $16.115 during the session, while it also had its lowest trading level at $15.9508.
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, Wells Fargo on August 26, 2024, Downgraded its rating to Equal Weight and sets its target price to $17 from $18 previously.
Keefe Bruyette Downgraded its Outperform to Mkt Perform on February 02, 2024, whereas the target price for the stock was revised from $22 to $19.
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 Aug 13 ’24 when CALDWELL PHYLLIS R bought 1,334 shares for $16.29 per share. The transaction valued at 21,726 led to the insider holds 12,500 shares of the business.
CALDWELL PHYLLIS R bought 2,000 shares of OCSL for $40,130 on Feb 12 ’24. The Director now owns 11,166 shares after completing the transaction at $20.07 per share.
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 1324971776 and an Enterprise Value of 2959486976. As of this moment, Oaktree’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.31, and their Forward P/E ratio for the next fiscal year is 7.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.41 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 7.61.
Stock Price History:
Over the past 52 weeks, OCSL has reached a high of $21.64, while it has fallen to a 52-week low of $15.56. The 50-Day Moving Average of the stock is -6.66%, while the 200-Day Moving Average is calculated to be -15.98%.
Shares Statistics:
For the past three months, OCSL has traded an average of 747.39K shares per day and 585800 over the past ten days. A total of 82.25M shares are outstanding, with a floating share count of 79.25M. Insiders hold about 2.70% of the company’s shares, while institutions hold 38.27% stake in the company. Shares short for OCSL as of 1724976000 were 846864 with a Short Ratio of 1.13, compared to 1722384000 on 643751. Therefore, it implies a Short% of Shares Outstanding of 846864 and a Short% of Float of 1.0299999.
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 0.137586The stock’s 5-year Average Dividend Yield is 8.98.
