Investors and analysts will be looking ahead to Oaktree Capital Group, LLC (NYSE:OAK)’s next earnings report which is slated to be released sometime on or around 2016-11-03 for the period ending on 2016-09-30. Street analysts have a consensus EPS projection of $0.58 for the current quarter. The company posted EPS of $0.11 for the same quarter last year.
Before and after the earnings report, covering Wall Street analysts often make updates to their projections. Analysts taken into consideration by Zacks Research have a current mean target price of $50.75 on shares of Oaktree Capital Group, LLC (NYSE:OAK). This target consists of 4 research analysts polled by Zacks Research. Analysts may have different stances on where they see the stock headed in the future.
Among the polled analysts, the highest estimate sees the stock going to 55 in the next year. The analyst with the lowest target price views shares reaching $45 within the same period. Zacks Research also compiles analyst ratings using a scale that ranges from 1 to 5. If the company has a ratings score of 1, this would represent a Strong Buy. If the company has a 5 rating, this would signify a Strong Sell. Combining all the ratings on Oaktree Capital Group, LLC (NYSE:OAK), the current mean stands at 1.92.
Analyst recommendations and estimates are for informational purposes only and should be used along with a number of other factors when considering an investment position.
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