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?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. 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. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Oaktree Capital stock situation right now, hence this is not a suitable entry point.
|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?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 2 ratings published for OAK stock in the last 30 days.
|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
Oaktree Capital remained constant -0.12% to $51.52 after marking all time highs on September.
Oaktree Capital remained stable -0.12% to $51.52 after reaching all time highs on September. On September, OAK hit new all time highs, pushing higher previous ATH of $53.69 recorded on September. New ATHs are usual entry points for many trading setups as there aren't higher resistences. 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 terrible -3.88%, closing at $51.52.
Oaktree Capital stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last price record 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 IPO was on April 12th, 2012 at $25.74 per share1. 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 $44.00Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. 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. Currently, only 1 price forecast for Oaktree Capital stock was published in the last month:
|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 ShareOaktree Capital reported slightly good results for 2018-Q4 on February. Oaktree Capital stepped up Earnings per Share (EPS) by 4.90%, beating analysts estimates of $0.41. Oaktree Capital posted $0.43.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a fateful drop down of -5.69% to $1,386.08 million USD. Slightly better, its profit margin (compared to sales) stayed constant 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 reported $594.25 million in revenues for 2018-Q4, a 146.34% improvement compared to previous quarter. Reported quarter earnings marked $82.91 M with a profit margin of 13.95%. Profit margin fell a -9.54% compared to previous quarter when profit margin was 23.49%. When comparing revenues to same quarter last year, Oaktree Capital sales marked a super good increase and boosted a 91.02%. Looking back to recent quarterly results, Oaktree Capital posted 2 positive 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 check 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.
For a better understanding, the next table shows ownership data compared to other related companies:
|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 performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared Oaktree Capital against in the following table: