The company's fundamentals are relatively healthy. Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Strong Buy. Despite an average stock market performance, the company shows strong technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
13 / 30
Overall Ranking
216 / 4720
Industry
Collective Investments
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Strong Buy
Current Rating
7.125
Target Price
+23.48%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
OFS Credit Company, Inc. is a non-diversified, closed-end management investment company. The Company's primary investment objective is to generate current income, with a secondary objective to generate capital appreciation. The Company seeks to invest approximately 80% of its assets, or net assets plus borrowings, in floating rate credit-based instruments and other structured credit investments, including collateralized loan obligation (CLO) debt and subordinated, which includes residual or equity securities traditional corporate credit investments, including leveraged loans and high yield bonds; opportunistic credit investments, including stressed and distressed credit situations and long/short credit investments, and other credit-related instruments. The CLOs in which it invests are collateralized by portfolios consisting primarily of below investment grade United States senior secured loans. The investment adviser of the Company is OFS Capital Management, LLC.
Growing
The company is in a growing phase, with the latest annual income totaling USD 30.14M.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD 15.02M.%!(EXTRA int=2)
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 141.30%.
Fairly Valued
The company’s latest PB is 0.93, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 1.18M shares, decreasing 40.10% quarter-over-quarter.
OFS Credit Company, Inc. is a non-diversified, closed-end management investment company. The Company's primary investment objective is to generate current income, with a secondary objective to generate capital appreciation. The Company seeks to invest approximately 80% of its assets, or net assets plus borrowings, in floating rate credit-based instruments and other structured credit investments, including collateralized loan obligation (CLO) debt and subordinated, which includes residual or equity securities traditional corporate credit investments, including leveraged loans and high yield bonds; opportunistic credit investments, including stressed and distressed credit situations and long/short credit investments, and other credit-related instruments. The CLOs in which it invests are collateralized by portfolios consisting primarily of below investment grade United States senior secured loans. The investment adviser of the Company is OFS Capital Management, LLC.