OAK stock: buy or sell?
September 27th, 2019
Oaktree Capital Group, LLC operates as a global investment management firm that focuses on alternative markets. It manage investments in a number of strategies within six asset classes, including distressed debt; corporate debt, including high yield debt and senior loans; control investing; convertible securities; real estate; and listed equities.
Should I buy OAK stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Oaktree Capital stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Oaktree Capital stock a buy?
Banks and financial institutions publish stock ratings everyday.At Stocks2.com, we detected 2 ratings published for OAK stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-3-14||Wells Fargo & Co||n/a||Market Perform|
|2019-3-14||Morgan Stanley||Overweight||Equal Weight|
OAK stock analysis
After topping to all time highs on September, Oaktree Capital remained stable -0.12% to $51.52.
After reaching all time highs on September, Oaktree Capital remained steady -0.12% on September to $51.52. On September, OAK hit a new all time high, pushing higher than on September tops. Check different trading setups that use ATHs as triggers. Since price and SMA50d lines crossed down on September, OAK fell $-1.66 per share (-3.12%).
After climbing for 4 weeks, late September Oaktree Capital slipped a terrifying -3.88%, closing at $51.52.
Oaktree Capital stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, OAK might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last all-time high Oaktree Capital marked by mid September. Late December 2018 OAK price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
OAK stock price history
OAK stock went public on April 12th, 2012 with a price of $25.741. Since then, OAK stock grew a 100.20%, with an average of 14.30% per year. If you had invested $1,000 in OAK stock in 2012, it would worth $1,002.00 today.
1: Adjusted price after possible price splits or reverse-splits.
OAK stock historical price chart
OAK stock reached all-time highs on September with a price of $53.89.
OAK stock price target is $44.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we only found 1 price prediction for Oaktree Capital stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-3-14||Wells Fargo & Co||Reiterates||$49.00||$44.00||-10.2%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Oaktree Capital presented its financial report, posting a slightly fine growth for the Earnings per Share (EPS). Analyst were expecting $0.41 per share, but Oaktree Capital posted $0.43.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an awful correction of -5.69% to $1,386.08 M USD. Instead, its earnings margin (compared to sales) stayed stable to 16.12%, that is $223.42 million.
|2013||$3,700 M||-||$222 M6.0%||-|
|2014||$194 M||-94.76%||$126 M65.1%||-43.12%|
|2015||$202 M||4.13%||$71 M35.3%||-43.50%|
|2016||$1,126 M||457.56%||$195 M17.3%||172.89%|
|2017||$1,470 M||30.56%||$231 M15.8%||18.89%|
|2018||$1,386 M||-5.69%||$223 M16.1%||-3.49%|
Quarterly financial resultsOaktree Capital posted $594.25 M in sales for 2018-Q4, a 146.34% up compared to previous quarter. Reported quarter income marked $82.91 M with a profit margin of 13.95%. Profit margin dropped a -9.54% compared to previous quarter when profit margin was 23.49%. When comparing sales to same quarter last year, Oaktree Capital sales marked an amazing increase and rocketed a 91.02%. Looking back to recent quarterly results, Oaktree Capital posted 2 negative quarters in a row.
|2017-Q2||$620 M||-||$117 M18.9%||-|
|2017-Q3||$235 M||-62.10%||$46 M19.5%||-60.93%|
|2017-Q4||$311 M||32.45%||$13 M4.3%||-70.74%|
|2018-Q1||$337 M||8.43%||$53 M15.6%||293.11%|
|2018-Q2||$213 M||-36.77%||$31 M14.6%||-40.98%|
|2018-Q3||$241 M||13.10%||$57 M23.5%||82.06%|
|2018-Q4||$594 M||146.34%||$83 M14.0%||46.32%|
|2019-Q1||$266 M||-55.17%||$54 M20.3%||-34.77%|
Oaktree Capital ownershipWhen you are planning to buy a company, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Oaktree Capital, of all outstanding shares are owned by its staff.
The following table compares ownership indicators for other stocks related to Oaktree Capital:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Friday, September 27th, 2019|
|Day range||$51.48 - $51.79|
|Average true range||$0.60|
|50d mov avg||$51.77|
|100d mov avg||$50.56|
|200d mov avg||$47.08|
Oaktree Capital performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We compared Oaktree Capital against in the following table: