Blue Owl Capital Inc (NYSE: OWL) has a higher price-to-earnings ratio of 169.55x compared to its average ratio, The 36-month beta value for OWL is at 1.26. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OWL is 456.72M, and currently, shorts hold a 3.81% of that float. The average trading volume for OWL on April 09, 2024 was 4.66M shares.
OWL) stock’s latest price update
Blue Owl Capital Inc (NYSE: OWL) has seen a rise in its stock price by 1.66 in relation to its previous close of 19.28. However, the company has experienced a 5.55% gain in its stock price over the last five trading sessions. PRNewsWire reported 2024-04-08 that NEW YORK, April 8, 2024 /PRNewswire/ — Blue Owl Capital Corporation III (NYSE: OBDE) (“OBDE”) today announced it will release its financial results for the first quarter ended March 31, 2024 on Wednesday, May 8, 2024 after market close. OBDE invites all interested persons to its webcast / conference call on Thursday, May 9, 2024 at 11:00 a.m.
OWL’s Market Performance
Blue Owl Capital Inc (OWL) has experienced a 5.55% rise in stock performance for the past week, with a 11.43% rise in the past month, and a 33.24% rise in the past quarter. The volatility ratio for the week is 2.65%, and the volatility levels for the past 30 days are at 2.08% for OWL. The simple moving average for the past 20 days is 7.67% for OWL’s stock, with a 39.69% simple moving average for the past 200 days.
Analysts’ Opinion of OWL
Many brokerage firms have already submitted their reports for OWL stocks, with UBS repeating the rating for OWL by listing it as a “Buy.” The predicted price for OWL in the upcoming period, according to UBS is $22 based on the research report published on April 02, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see OWL reach a price target of $17. The rating they have provided for OWL stocks is “Outperform” according to the report published on January 04th, 2024.
Piper Sandler gave a rating of “Overweight” to OWL, setting the target price at $18 in the report published on December 20th of the previous year.
OWL Trading at 11.68% from the 50-Day Moving Average
After a stumble in the market that brought OWL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.36% of loss for the given period.
Volatility was left at 2.08%, however, over the last 30 days, the volatility rate increased by 2.65%, as shares surge +11.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.50% upper at present.
During the last 5 trading sessions, OWL rose by +5.55%, which changed the moving average for the period of 200-days by +73.45% in comparison to the 20-day moving average, which settled at $18.30. In addition, Blue Owl Capital Inc saw 31.54% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OWL starting from Glide Path Solutions 2020, L.P, who sale 4,500,000 shares at the price of $15.81 back on Jan 29 ’24. After this action, Glide Path Solutions 2020, L.P now owns 0 shares of Blue Owl Capital Inc, valued at $71,167,500 using the latest closing price.
Glide Path Solutions 2020, L.P, the 10% Owner of Blue Owl Capital Inc, sale 2,000,000 shares at $15.81 during a trade that took place back on Jan 29 ’24, which means that Glide Path Solutions 2020, L.P is holding 0 shares at $31,630,000 based on the most recent closing price.
Stock Fundamentals for OWL
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.57 for the gross margin
The net margin for Blue Owl Capital Inc stands at 0.08. The total capital return value is set at 0.04. Equity return is now at value 3.47, with 0.61 for asset returns.
Based on Blue Owl Capital Inc (OWL), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.5. The debt to equity ratio resting at 1.23. The interest coverage ratio of the stock is 6.86.
Currently, EBITDA for the company is 641.69 million with net debt to EBITDA at 3.28. When we switch over and look at the enterprise to sales, we see a ratio of 6.37. The receivables turnover for the company is 4.72for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.93.
Conclusion
In conclusion, Blue Owl Capital Inc (OWL) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
