Oaktree Specialty Lending Corp (NASDAQ: OCSL) is 3.27% higher on its value in year-to-date trading and has touched a low of $14.89 and a high of $20.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OCSL stock was last observed hovering at around $15.51 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $15.78, the stock is 1.38% and 0.73% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.96 million and changing 1.74% at the moment leaves the stock -7.85% off its SMA200. OCSL registered -19.94% loss for a year compared to 6-month loss of 0.38%. The firm has a 50-day simple moving average (SMA 50) of $15.6636 and a 200-day simple moving average (SMA200) of $17.1431.
The stock witnessed a 3.00% gain in the last 1 month and extending the period to 3 months gives it a -1.13%, and is 0.77% up 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 2.18% over the week and 1.36% over the month.
Current P/E ratio is 21.92 and Fwd P/E is 8.06. Distance from 52-week low is 5.98% and -22.78% from its 52-week high.
with sales reaching $84.67M over the same period.The EPS is expected to shrink by -7.11% this year, but quarterly earnings will post -9.66% year-over-year. Quarterly sales are estimated to shrink -9.96% in year-over-year returns.
234.0 institutions hold shares in Oaktree Specialty Lending Corp (OCSL), with institutional investors hold 36.91% of the company’s shares. The shares outstanding are 82.25M, and float is at 80.03M with Short Float at 1.10%. Institutions hold 35.91% 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).
