Oaktree Specialty Lending Corp (NASDAQ: OCSL) is -20.18% lower on its value in year-to-date trading and has touched a low of $15.56 and a high of $21.64 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OCSL stock was last observed hovering at around $16.40 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $16.30, the stock is 0.57% and -1.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.58 million and changing -0.61% at the moment leaves the stock -13.28% off its SMA200. OCSL registered -16.17% loss for a year compared to 6-month loss of -16.32%. The firm has a 50-day simple moving average (SMA 50) of $16.474 and a 200-day simple moving average (SMA200) of $18.7968.
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The stock witnessed a 0.31% gain in the last 1 month and extending the period to 3 months gives it a -12.13%, and is -0.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.42% over the week and 1.39% over the month.
Current P/E ratio is 18.52 and Fwd P/E is 7.34. Distance from 52-week low is 4.79% and -24.68% from its 52-week high.
Oaktree Specialty Lending Corp quarterly earnings per share for the current quarter are estimated at 0.56 with sales reaching $96.9M over the same period.The EPS is expected to shrink by -9.70% this year, but quarterly earnings will post 1.70% year-over-year. Quarterly sales are estimated to grow 21.00% in year-over-year returns.
242.0 institutions hold shares in Oaktree Specialty Lending Corp (OCSL), with institutional investors hold 39.21% of the company’s shares. The shares outstanding are 82.25M, and float is at 79.25M with Short Float at 1.08%. Institutions hold 38.15% of the Float.
Oaktree Specialty Lending Corp (OCSL) Insider Activity
The most recent transaction is an insider purchase by CALDWELL PHYLLIS R, the company’s Director. SEC filings show that CALDWELL PHYLLIS R bought 1,000 shares of the company’s common stock on Sep 20 ’24 at a price of $16.01 per share for a total of $16009.0. Following the purchase, the insider now owns 13500.0 shares.
Oaktree Specialty Lending Corp disclosed in a document filed with the SEC on Aug 13 ’24 that CALDWELL PHYLLIS R (Director) bought a total of 1,334 shares of the company’s common stock. The trade occurred on Aug 13 ’24 and was made at $16.29 per share for $21726.0. Following the transaction, the insider now directly holds 12500.0 shares of the OCSL stock.
Still, SEC filings show that on Feb 12 ’24, CALDWELL PHYLLIS R (Director) acquired 2,000 shares at an average price of $20.07 for $40130.0. The insider now directly holds 11,166 shares of Oaktree Specialty Lending Corp (OCSL).
