The stock of Blue Owl Capital Corp (NYSE: OBDC) has increased by 0.88 when compared to last closing price of 15.90. Despite this, the company has experienced a 1.45% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-21 that Large Cap Value is a value ranking for large cap stocks that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks based on criteria such as sales, earnings, and dividend payments. 54 out of 65 All-Star-Value Dividend stocks offer annual dividends that exceed their price per share.
Is It Worth Investing in Blue Owl Capital Corp (NYSE: OBDC) Right Now?
The price-to-earnings ratio for Blue Owl Capital Corp (NYSE: OBDC) is above average at 7.89x, Company’s 36-month beta value is 0.93.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OBDC is 359.92M, and currently, short sellers hold a 2.20% ratio of that floaft. The average trading volume of OBDC on May 02, 2024 was 2.05M shares.
OBDC’s Market Performance
The stock of Blue Owl Capital Corp (OBDC) has seen a 1.45% increase in the past week, with a 4.36% rise in the past month, and a 8.81% gain in the past quarter. The volatility ratio for the week is 0.87%, and the volatility levels for the past 30 days are at 1.08% for OBDC. The simple moving average for the last 20 days is 2.95% for OBDC stock, with a simple moving average of 11.39% for the last 200 days.
Analysts’ Opinion of OBDC
Many brokerage firms have already submitted their reports for OBDC stocks, with B. Riley Securities repeating the rating for OBDC by listing it as a “Neutral.” The predicted price for OBDC in the upcoming period, according to B. Riley Securities is $15.50 based on the research report published on January 08, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see OBDC reach a price target of $15.25. The rating they have provided for OBDC stocks is “Buy” according to the report published on July 28th, 2023.
Wells Fargo gave a rating of “Underweight” to OBDC, setting the target price at $12 in the report published on July 25th of the previous year.
OBDC Trading at 4.60% from the 50-Day Moving Average
After a stumble in the market that brought OBDC to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.13% of gains for the given period.
Volatility was left at 1.08%, however, over the last 30 days, the volatility rate increased by 0.87%, as shares surge +4.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.22% upper at present.
During the last 5 trading sessions, OBDC rose by +1.45%, which changed the moving average for the period of 200-days by +14.33% in comparison to the 20-day moving average, which settled at $15.62. In addition, Blue Owl Capital Corp saw 9.25% 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 OBDC starting from DAlelio Edward H, who purchase 3,000 shares at the price of $15.07 back on Mar 05 ’24. After this action, DAlelio Edward H now owns 6,217 shares of Blue Owl Capital Corp, valued at $45,210 using the latest closing price.
Temple Chris, the Director of Blue Owl Capital Corp, purchase 5,900 shares at $13.30 during a trade that took place back on May 26 ’23, which means that Temple Chris is holding 36,000 shares at $78,470 based on the most recent closing price.
Stock Fundamentals for OBDC
Current profitability levels for the company are sitting at:
- 1.05 for the present operating margin
- 0.59 for the gross margin
The net margin for Blue Owl Capital Corp stands at 0.92. The total capital return value is set at 0.07. Equity return is now at value 13.33, with 5.86 for asset returns.
Based on Blue Owl Capital Corp (OBDC), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 1.18. The interest coverage ratio of the stock is 2.21.
Currently, EBITDA for the company is 810.68 million with net debt to EBITDA at 7.16. When we switch over and look at the enterprise to sales, we see a ratio of 14.76. The receivables turnover for the company is 6.39for trailing twelve months and the total asset turnover is 0.06.
Conclusion
In a nutshell, Blue Owl Capital Corp (OBDC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
