Oaktree Specialty Lending Corporation (OCSL): Let’s take a bird-eye on it


Oaktree Specialty Lending Corporation (NASDAQ:OCSL) changes shares on Tuesday trading session, with a change of 0.00% or $0.0 shares. The trading starts at $4.54 and closed at $4.51 throughout the day. The trading session low price was $4.43 and day high was $4.57 on Tuesday, June 23. After the session, the Financial sector daily volume shifted to 0.4 million while its average volume is 997.15K. In other hand, the OCSL market cap reached to $635.73M. While, its current target price is $4.51 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down 0.00% and up 3.20% for month. Its quarterly performance was 85.60% above, while its half year performance is down -18.30%. OCSL yearly performance stood at negative -16.33% and fall -17.40% for year-to-date. Current recommendation for Oaktree Specialty Lending Corporation is 1.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. OCSL EPS (TTM) for 12-month is -0.84. EPS for this year is -12.20%, while for the next year its value is 0.49. It has an EPS of -16.14% down for past five years and for the next five years will be up 5.70%.

Let’s take a look on the analyst recommendations on OCSL for the current month and previous month. For the current month, 7 of 8 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $4.75-$5.50. Average target price for OCSL was reached at $5.06.

The insider ownership moved to 14.52% and institutional holding shifted to 57.08%.

The company posted an EPS (TTM) of -0.84. According to the most recent quarter report on (Jun 2020), 8 analysts estimated an average EPS of 0.11, while 0.12 EPS posted a year ago period. Analyst Estimated EPS for OCSL published in the report was 0.1-0.13 during the same period. Comparing with last year, the average estimated EPS was 0.12 which is equal to 0.12 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for OCSL fall -6.10% for period of 200 days. SMA for 50 days was 6.75% which is showing green signal, while SMA-20 was -0.69%. The moving average value for Oaktree Specialty Lending Corporation (OCSL) is 4.6167 and 4.3831 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in OCSL stock. On Jun 10, Gero Deborah Ann, Director, bought 1,000 trading shares at the cost of $4.58, which valued at 4580.0. On Jun 09, Gero Deborah Ann, Director, bought 4,000 shares at the cost of $4.72, with total shares of 30,000. On May 27, Panossian Armen, Chief Executive Officer, bought 7,500 shares at the cost of 4.46. After this transaction, Panossian Armen total shares reached to 25,000 which valued at 33425.0.