On Tuesday, Oaktree Specialty Lending Corp (NASDAQ: OCSL) opened lower -1.12% from the last session, before settling in for the closing price of $16.11. Price fluctuations for OCSL have ranged from $15.56 to $21.64 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -9.70% at the time writing. With a float of $79.25 million, this company’s outstanding shares have now reached $82.25 million.
In terms of profitability, gross margin is 114.4%, operating margin of 96.32%, and the pretax margin is 40.01%.
Oaktree Specialty Lending Corp (OCSL) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of Oaktree Specialty Lending Corp is 2.70%, while institutional ownership is 38.27%. The most recent insider transaction that took place on Aug 13 ’24, was worth 21,726. In this transaction Director of this company bought 1,334 shares at a rate of $16.29, taking the stock ownership to the 12,500 shares. Before that another transaction happened on Feb 12 ’24, when Company’s Director bought 2,000 for $20.07, making the entire transaction worth $40,130. This insider now owns 11,166 shares in total.
Oaktree Specialty Lending Corp (OCSL) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.62 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.63) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.56 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 12.36% growth over the previous five years of trading.
Oaktree Specialty Lending Corp (NASDAQ: OCSL) Trading Performance Indicators
Check out the current performance indicators for Oaktree Specialty Lending Corp (OCSL). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.88, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.22 in one year’s time.
Technical Analysis of Oaktree Specialty Lending Corp (OCSL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.81 million. That was better than the volume of 0.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 17.69%. Additionally, its Average True Range was 0.26.
During the past 100 days, Oaktree Specialty Lending Corp’s (OCSL) raw stochastic average was set at 8.53%, which indicates a significant increase from 2.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.10% in the past 14 days, which was lower than the 19.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.15, while its 200-day Moving Average is $19.14. However, in the short run, Oaktree Specialty Lending Corp’s stock first resistance to watch stands at $16.12. Second resistance stands at $16.31. The third major resistance level sits at $16.42. If the price goes on to break the first support level at $15.82, it is likely to go to the next support level at $15.71. The third support level lies at $15.52 if the price breaches the second support level.
Oaktree Specialty Lending Corp (NASDAQ: OCSL) Key Stats
There are currently 81,396K shares outstanding in the company with a market cap of 1.31 billion. Presently, the company’s annual sales total 379,290 K according to its annual income of 117,330 K. Last quarter, the company’s sales amounted to 94,970 K and its income totaled 1,120 K.
