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In the latest session, Oaktree Specialty Lending Corp (NASDAQ: OCSL) closed at $17.30 down -4.05% from its previous closing price of $18.03. In other words, the price has decreased by -$4.05 from its previous closing price. On the day, 1.76 million shares were traded. OCSL stock price reached its highest trading level at $17.9746 during the session, while it also had its lowest trading level at $17.19.
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 1408150784 and an Enterprise Value of 2953765888. As of this moment, Oaktree’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.72, and their Forward P/E ratio for the next fiscal year is 7.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.56 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 7.462.
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 $17.63. The 50-Day Moving Average of the stock is -8.12%, while the 200-Day Moving Average is calculated to be -11.76%.
Shares Statistics:
For the past three months, OCSL has traded an average of 651.87K shares per day and 1046810 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 38.37% stake in the company. Shares short for OCSL as of 1721001600 were 1883604 with a Short Ratio of 2.89, compared to 1718323200 on 2000062. Therefore, it implies a Short% of Shares Outstanding of 1883604 and a Short% of Float of 2.32.
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 0.12201886The stock’s 5-year Average Dividend Yield is 8.89.
